Lentell Eric sold ACHR
March 27, 2026 · Form 4 insider transaction
Lentell Eric sold 50,000 shares of Archer Aviation Inc. at $5.30 per share, a transaction worth $265.0K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2025, as amended on December 23, 2025.; This transaction was effected to offset certain tax liabilities and other related costs incurred by the reporting person in connection with the previous settlement of restricted stock units.; Following the reported transaction, in addition to the 50,119 shares of Class A Common Stock beneficially owned by the Reporting Person, the Reporting Person held restricted stock units representing contingent rights to receive up to an aggregate 548,955 shares of the Issuer's Class A Common Stock, which restricted stock units are subject to service-based vesting schedules and vest according to their respective terms.