Lentell Eric 4

What Happened Eric Lentell, Archer Aviation's Chief Legal & Strategy Officer, reported the vesting/award of 78,659 restricted stock units on April 20, 2026. The Form 4 lists the transaction as an award/grant (code A) for 78,659 shares at $0.00 (total reported value $0), reflecting settlement of performance-based RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely filing).
• Reported shares: 78,659 RSUs vested and to be settled for Class A common stock shortly after certification.
• Vesting specifics: This is the second of three tranches from a March 26, 2024 performance-based RSU award; the compensation committee certified vesting at 164.87% of target for the two-year period ending March 26, 2026.
• Continued service required: Vesting is subject to Lentell’s continued service through the vesting date per the award terms.
• Filing code: A = Award/Grant. No sale or cash exercise was reported.

Context This transaction reflects a performance-based RSU vesting (an issuance of shares) rather than a purchase or sale — a neutral-to-positive event that doesn't directly signal insider buying or selling. The award vests based on relative total stockholder return and required committee certification, which occurred on April 20, 2026; the RSUs will be settled in shares shortly after that certification. Shares owned after the transaction were not specified in the provided filing.