Archer (ACHR) Interim CFO Priya Gupta Sells 7,263 Shares

What Happened Priya Gupta, Interim Chief Financial Officer of Archer Aviation (ACHR), sold 7,263 shares of Archer Class A common stock on March 13, 2026. The weighted-average price reported was $6.27 per share, for total proceeds of roughly $45,575. This was a sale (not a purchase) and was executed to satisfy tax withholding obligations.

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-16 (filing appears timely).
• Price: weighted average $6.27; shares were sold in multiple trades at prices ranging $6.225–$6.315 (F2).
• Reason: Shares were sold to cover tax withholding related to vesting of a 2025 PRSU award (F1). The PRSU vesting was separately reported on a Form 4 filed March 12, 2026.
• Shares owned after transaction: not specified in the information provided.
• Disclosure note: The reporting person will provide a breakdown of the number of shares sold at each price within the stated range upon request (per F2).

Context This was a routine "sell-to-cover" transaction to meet tax obligations arising from equity vesting, which is common and does not necessarily indicate a change in the insider's view of the company. The filing cites company policy of automatic share sales to cover withholding.