Gupta Priya 4
Research Summary
AI-generated summary
Archer (ACHR) Interim CFO Priya Gupta Receives Award
What Happened
- Priya Gupta, Interim Chief Financial Officer of Archer Aviation (ACHR), was credited with 14,021 performance-based restricted stock units (RSUs) on 2026-03-10. The units were reported as acquired at $0.00 (award/grant) and are fully vested and may be settled for shares of the company's Class A common stock.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely filing).
- Transaction type/code: A — Award/Grant (acquisition of RSUs) at $0.00 per unit.
- Shares received/vested: 14,021 performance RSUs (first of three tranches).
- Vesting outcome: The first tranche was certified earned at 53.73% of the target amount.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: Vesting is performance-based and conditioned on continued service; the units represent one-third of the 2025 PRSU award and are subject to settlement for shares upon certification.
Context
- These were performance-based RSUs, not an open-market purchase or sale. The award reflects compensation tied to relative total shareholder return and service requirements; it does not by itself indicate a buy or sell signal.
- Because the units were earned and vested (and may be settled for shares), this can increase potential share count if settled, but no sale or cash exercise occurred in this filing.