Gupta Priya 4

What Happened

• Priya Gupta, Interim Chief Financial Officer of Archer Aviation (ACHR), had restricted stock units convert into shares on May 15, 2026 (multiple conversions totaling 20,398 shares reported as acquisitions at $0.00). Some of those converted shares were surrendered/treated as disposals at $0.00 (tax withholding). On May 18, 2026 she sold 9,860 shares in the open market for a weighted-average price of $5.95, generating total proceeds of $58,694.
• These transactions are routine follow-ups to RSU vesting (not a cash purchase). The converted shares were not bought with cash; the sale appears to be to satisfy tax-withholding obligations related to the vesting.

Key Details

• Transaction dates: conversions/vests on 2026-05-15; open-market sale on 2026-05-18. Filing date: 2026-05-19 (filed within the Form 4 deadline).
• Sale price: weighted average $5.95 (range reported $5.87–$6.13 per share). Total proceeds from the open-market sale: $58,694.
• Amounts: conversions reported of 3,583; 6,524; and 10,291 shares (total 20,398). Open-market sale of 9,860 shares. Several equal-number disposals at $0 reflect share withholding/conversion treatment.
• Shares owned after the transactions: not specified in the provided filing details.
• Notable footnotes: F1—shares sold to satisfy tax withholding on RSU vesting; F2—price is a weighted average and trades ranged $5.87–$6.13; F3–F7—these were restricted stock units with scheduled quarterly vesting and do not expire.

Context

• These were conversions of RSUs (derivative exercise/conversion), not cash purchases. The presence of $0 acquisitions and matching $0 dispositions indicates shares were converted and some withheld or surrendered for taxes; the separate open-market sale generated proceeds to address withholding obligations.
• This filing documents routine executive compensation vesting and tax-related selling rather than an independent bullish purchase signal.