Lentell Eric 4
4 · Archer Aviation Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) Chief Legal & Strategy Officer Eric Lentell Sells 37,390 Shares
What Happened
Eric Lentell, Chief Legal & Strategy Officer of Archer Aviation (ACHR), reported the sale of 37,390 shares on March 5, 2026. The shares were disposed for total proceeds of approximately $241,577 at a weighted-average price of $6.46 per share. The transaction is reported as a sale and was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely filing).
- Transaction type/code: Sale (S); described as shares sold to satisfy tax withholding (F1).
- Price: Weighted average $6.46; sale prices ranged from $6.315 to $6.775 per share (F2).
- Proceeds: ~$241,577.
- Shares owned after transaction: The Form 4 notes a corrected total in Table I (one additional share was added to correct a prior Form 4); see the filing for the exact post-transaction holding (F3).
- Footnotes: F1 = tax-withholding sale for RSU vesting (previously reported RSU vesting on Form 4 filed Mar 3, 2026). F2 = weighted-average price and price range; full per-price breakdown available on request. F3 = correction of one share to prior report.
Context
This was a withholding sale tied to RSU vesting (a routine transaction to cover taxes), not an independent open-market buy/sell signal of new conviction. Such tax-withholding disposals are common after awards vest and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-05$6.46/sh−37,390$241,577→ 139,483 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.