Gupta Priya 4

What Happened
Interim CFO Gupta Priya was granted 123,492 restricted stock units (RSUs) on February 9, 2026. The grant is reported as a derivative award (code A) with a reported acquisition price of $0.00 (no cash paid). RSUs represent a contingent right to receive one share of Archer Aviation Class A common stock for each unit once vesting conditions are met.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-11 (appears timely under Form 4 rules).
• Instrument: 123,492 RSUs (derivative award), reported price $0.00.
• Vesting: Award vests in tranches (1/12 initially; first tranche vests Mar 1, 2026), then quarterly on May 15, Aug 15, Nov 15, and Mar 1 thereafter. (See footnotes F1–F3.)
• Expiration: RSUs do not expire; they either vest or are cancelled prior to vesting.
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: A = Award/Grant.

Context
This grant is a compensation award, not an open-market purchase or sale. RSUs are contingent on continued service and do not represent immediately tradeable shares until they vest and are delivered. Because the grant price is $0.00, no cash changed hands at grant — market value (if any) will depend on Archer’s stock price when/if units vest.