Goldstein Adam D 4
4 · Archer Aviation Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) CEO Adam Goldstein Receives 788,552 RSU Award
What Happened
Adam D. Goldstein, CEO of Archer Aviation (ACHR), received an award of 788,552 restricted stock units (RSUs) on May 15, 2026. The units were granted at a $0.00 price (an equity award/derivative grant rather than an open‑market purchase or sale). Each RSU represents a contingent right to one share of Archer Class A common stock subject to vesting and settlement terms.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed within the usual Form 4 reporting window).
- Grant type: Award/Grant of Restricted Stock Units (transaction code A).
- Amount: 788,552 RSUs; grant price reported as $0.00.
- Vesting/settlement: Footnotes state each RSU equals one share upon vesting; vesting occurs as to 1/12 of the total award quarterly on each Aug 15, Nov 15, Mar 1, and May 15. Once time‑vested, RSUs will be settled for shares during calendar year 2031 on a date determined by the issuer.
- Early settlement: RSUs may settle earlier if the holder dies, becomes disabled, separates from service, a Change in Control occurs, or an unforeseeable emergency happens.
- Expiration: RSUs do not expire; they either vest or are cancelled.
- Shares owned after transaction: Not disclosed in the provided filing details.
Context
This was a compensation award (deferred equity), not a market buy or sale—so it reflects company compensation planning rather than an immediate insider bullish/selling signal. Settlement is deferred to 2031 (subject to vesting), meaning these units are not immediately convertible to tradable shares unless an extraordinary settlement event occurs.
Insider Transaction Report
- Award
Deferred Restricted Stock Units
[F1][F2][F3][F4]2026-05-15+788,552→ 788,552 total→ Class A Common Stock (788,552 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer as of the applicable vesting date.
- [F2]The award shall vest as to 1/12 of the total award quarterly on each of August 15th, November 15th, March 1st, and May 15th. Once time-vested, the restricted stock units will be settled for shares of the Issuer's Class A Common Stock during calendar year 2031 on a date to be determined by the Issuer.
- [F3](Continued from footnote (2)) Notwithstanding the aforementioned deferral period, once vested, deferred stock units will automatically settle earlier upon the earliest to occur of: (i) the reporting person's death, disability, or separation from service with the Issuer, (ii) a Change in Control (as defined under the Issuer's 2021 Amended and Restated Equity Incentive Plan) or (iii) the occurrence of an "unforeseeable emergency" (as defined under Section 409A of the Internal Revenue Code). The events described in subclauses (i), (ii), and (iii) of the preceding sentence are referred to herein as the "Extraordinary Settlement Events." If an Extraordinary Settlement Event occurs before the applicable vesting date, then settlement will occur instead on the applicable vesting date.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.