Goldstein Adam D 4

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.