Archer (ACHR) Chief Strategy Officer Eric Lentell Sells 100,000 Shares

What Happened

• Eric Lentell, Chief Strategy Officer of Archer Aviation (ACHR), sold 100,000 shares of Class A common stock on 2026-08-20 at $6.31 per share, generating proceeds of $631,000. The Form 4 reports the disposition as an open-market (S) sale executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-08-20 — 100,000 shares @ $6.31 (total $631,000).
• Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2026 (Footnote F1).
• Holdings after sale: 85,011 shares of Class A common stock beneficially owned plus restricted stock units (RSUs) representing rights to up to 435,687 additional shares, subject to service-based vesting (Footnote F2).
• Filing date: Form filed 2026-08-21 reporting the 2026-08-20 transaction — appears to be filed promptly (not flagged as late).

Context

• This was a sale (not a purchase or option exercise). Sales executed under 10b5-1 plans are often pre-scheduled and may be routine; filings alone do not indicate the insider’s view of the company. The RSUs noted are contingent and vest over time per their terms.