Muniz Thomas Paul 4
4 · Archer Aviation Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) CTO Thomas Muniz Sells 94,725 Shares
What Happened
Thomas Paul Muniz, Chief Technology Officer of Archer Aviation (ACHR), sold 94,725 shares of Archer Class A common stock on March 5, 2026. The reported weighted-average sale price was $6.46 per share (range $6.315–$6.775), producing proceeds of approximately $612,018. This was a sale (not a purchase) and was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
Key Details
- Transaction date: March 5, 2026; filing date: March 9, 2026 (timely within the 2-business-day Form 4 window).
- Transaction type/code: Sale (S); sale to satisfy tax withholding on vested RSUs (footnote F1/F).
- Price: Weighted average $6.46; individual trades ranged $6.315–$6.775 (footnote F2).
- Proceeds: Approximately $612,018.
- Post-transaction holdings: The filing corrects one share from a prior Form 4 (footnote F3); see the Form 4 for the exact post-transaction total.
- Related filing: The underlying RSU vesting was separately reported on a Form 4 filed March 3, 2026.
Context
This was a routine cashless-type sale to cover taxes on vested restricted stock units, a common insider transaction that generally reflects tax-related liquidity rather than a directional investment view. The filing includes a weighted-average price and a range for multiple trades; the reporting person has offered to provide trade-level price details on request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-05$6.46/sh−94,725$612,018→ 1,345,430 total
Footnotes (3)
- [F1]Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 3, 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.315 to $6.775 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]For clarity, the total reported in Table I after giving effect to the reported transaction has been corrected to reflect one additional share not included in the reporting person's previous Form 4 filed on March 3, 2026, due to administrative error.