Lentell Eric, General Counsel and Secretary, has demonstrated a consistent pattern of selling shares in Archer Aviation (ACHR) over the past year, with no recorded purchases in SEC filings. Since March 2025, Eric has executed nine sales totaling approximately $3.4 million, with the largest single transaction occurring on June 30, 2025, when shares worth $1.02 million were sold. Recent activity includes multiple sales in March 2026, including dispositions of $265,000 and $268,000 on March 27 and March 26, respectively, followed by a $50,569 sale on March 13 and a $241,577 transaction on March 5. Earlier sales include a $310,959 transaction in November 2025 and a $481,016 sale in August 2025.
The filings show Eric’s transactions are concentrated solely in ACHR, with no diversification across other securities. The absence of any buy transactions suggests a one-directional approach to reducing his position in the company. While several filings in March and August 2025, as well as March 2026, include transactions coded as "M" (derivative transactions) or "A" (awards), these entries reflect no monetary value, indicating they may involve equity grants or option exercises rather than open-market purchases. The repeated sales, particularly clustered around quarterly periods, align with a steady divestment strategy rather than sporadic disposals. The data does not indicate whether these sales are part of a prearranged trading plan, but the consistency in direction and timing underscores a clear reduction in Eric’s holdings.
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