Stellantis N.V. bought ACHR
March 11, 2024 · Form 4 insider transaction
Stellantis N.V. bought 800,000 shares of Archer Aviation Inc. at $4.83 per share, a transaction worth $3.86M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
800,000
Price
$4.83
Total value
$3.86M
InsiderStellantis N.V.
Role—
CompanyArcher Aviation Inc. (ACHR)
SecurityClass A Common Stock
Transaction codeP: Open-market purchase
Transaction dateMarch 11, 2024
Filing dateMarch 12, 2024
Shares owned after36,251,720
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents the weighted average of a range of purchase prices from $4.66 to $4.95. 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.