Lentell Eric 4

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.