Muniz Thomas Paul 4
4 · Archer Aviation Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) CTO Thomas Muniz Sells 9,580 Shares
What Happened
Thomas Paul Muniz, Chief Technology Officer of Archer Aviation (ACHR), disposed of 9,580 shares of Archer Class A common stock on March 13, 2026. The shares were sold for a weighted average price of $6.27 per share, generating proceeds of approximately $60,114. This transaction was a sale to satisfy tax-withholding obligations tied to the vesting of a 2025 PRSU award, not an open‑market investment decision.
Key Details
- Transaction date: March 13, 2026 (reported on Form 4 filed March 16, 2026). The filing appears timely under the SEC two-business-day rule.
- Price: weighted average $6.27; individual sales ranged from $6.225 to $6.315 per share.
- Shares sold: 9,580; proceeds ≈ $60,114.
- Shares owned after transaction: not specified in the provided excerpt (see the full Form 4 for post-transaction beneficial ownership).
- Footnotes: F1 — sale was to satisfy tax withholding from vesting of the 2025 PRSU award. F2 — price is a weighted average; the filer can provide the per-trade breakdown on request.
- Transaction code: S (sale); F (tax withholding) context noted in footnote.
Context
Sales made to cover tax withholding on vested awards are common and typically routine; they do not necessarily signal the insider's view of the company's prospects. For investors tracking insider activity, outright purchases are generally more indicative of bullish sentiment than routine sell-to-cover transactions.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-13$6.27/sh−9,580$60,114→ 1,352,208 total
Footnotes (2)
- [F1]Represents shares of the issuer's Class A common stock sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of the 2025 PRSU Award, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 12, 2026. In accordance with company policy, shares are automatically sold to cover such obligations.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.225 to $6.315 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.