Lentell Eric 4

What Happened Eric Lentell, Archer Aviation’s Chief Legal & Strategy Officer, sold 8,059 shares of Archer Class A common stock on March 13, 2026. The weighted average sale price was $6.27 per share (range $6.225–$6.315), for gross proceeds of approximately $50,569. According to the filing, the shares were sold to satisfy the reporting person's tax withholding obligations in connection with the vesting of a 2025 PRSU award.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (file appears timely—filed within the SEC’s two-business-day window).
• Shares sold: 8,059; weighted average price reported $6.27; sale prices ranged $6.225–$6.315 per share.
• Total proceeds: ≈ $50,569 (gross).
• Reason: Shares were sold automatically to cover tax withholding on vested 2025 PRSU award (footnote F1).
• Footnote F2: weighted-average price; reporting person can provide breakdown of sales by individual price on request.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context This was a tax-withholding sale tied to the vesting of restricted stock units (PRSUs), a routine administrative transaction (not an independent open-market investment decision). Such sales are common when companies automatically sell shares to cover taxes on newly vested awards and should not be read as a direct signal of the insider’s view on the stock.