Stellantis N.V. bought ACHR
March 5, 2024 · Form 4 insider transaction
Stellantis N.V. bought 900,000 shares of Archer Aviation Inc. at $4.22 per share, a transaction worth $3.80M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 3 days after the transaction.
Direction
Acquired (buy-side)
Shares
900,000
Price
$4.22
Total value
$3.80M
InsiderStellantis N.V.
Role—
CompanyArcher Aviation Inc. (ACHR)
SecurityClass A Common Stock
Transaction codeP: Open-market purchase
Transaction dateMarch 5, 2024
Filing dateMarch 8, 2024
Shares owned after32,878,137
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents the weighted average of a range of purchase prices from $4.105 to $4.43. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares purchased at each separate price.; Includes 7,500,000 shares owned directly by Stellantis Europe S.p.A. Remaining shares are owned directly by Stellantis N.V.