Lentell Eric 4
4 · Archer Aviation Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) Chief Legal & Strategy Officer Eric Lentell Sells 3,754 Shares
What Happened
- Eric Lentell, Chief Legal & Strategy Officer of Archer Aviation (ACHR), sold 3,754 shares of Class A common stock on June 11, 2026. The weighted-average sale price was $5.00 per share for total proceeds of approximately $18,764. The sale was executed to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (filed within the standard two-business-day window).
- Price: Weighted average $5.00; actual trade prices ranged from $4.98 to $5.035 per share. (Reporting person can provide a breakdown on request.)
- Total proceeds: ~$18,764.
- Reason: Shares sold automatically to cover tax withholding on RSU vesting (RSU vesting was separately reported on Form 4 filed May 19, 2026).
- Shares owned after transaction: Not specified in the summary provided (see the filing for the exact post-transaction holdings).
- Footnotes: F1 = sale to cover tax withholding per company policy. F2 = weighted-average price; multiple sale prices within reported range.
Context
- This was a routine sale to cover tax obligations associated with RSU vesting rather than a discretionary open-market liquidation for investment reasons. Such tax-withholding sales are common and typically not interpreted as a direct signal of insider sentiment about the company’s prospects.
Insider Transaction Report
Form 4
Lentell Eric
Chief Legal & Strategy Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-06-11$5.00/sh−3,754$18,764→ 137,330 total
Footnotes (2)
- [F1]Represents shares of the issuer's Class A common stock sold to satisfy the reporting person's tax withholding obligations, which were 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 May 19, 2026. In accordance with company policy, shares are automatically sold to cover such obligations.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.98 to $5.035 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.
Signature
/s/ Eric Lentell|2026-06-15