Muniz Thomas Paul 4

What Happened
Muniz Thomas Paul, Archer Aviation’s Chief Technology Officer, was reported to have acquired 16,358 shares on March 10, 2026 as the result of a performance-based restricted stock unit (PRSU) award vesting. The reported acquisition price is $0.00 (award settlement), so the reported cash value in the filing is $0.

Key Details

• Transaction date: March 10, 2026 (Certification Date)
• Transaction type/code: Award/Grant (A) — performance-based restricted stock units (PRSUs) converted to shares
• Shares acquired: 16,358; Price reported: $0.00; Reported cash value: $0
• Shares owned after transaction: not specified in the information provided in this summary filing
• Footnotes: F1–F2 explain this is one-third of a 2025 PRSU Award (granted Feb 17, 2025) that vested based on relative total shareholder return and continued service; the first tranche was certified at 53.73% of target and the earned RSUs were fully vested and may be settled for Class A common stock on the Certification Date
• Filing timeliness: no late filing indicated in the supplied data

Context
This was not an open-market purchase or sale but the vesting/settlement of a performance-based equity award. Performance PRSUs vest only if both performance (relative TSR) and continued service conditions are met; one of three tranches has now been certified as earned at a reduced (53.73%) payout relative to target. Such awards are common compensation for executives and represent compensation realization rather than a directional trade signal.