Perkins Tosha 4

What Happened

• Tosha Perkins, Chief Administrative Officer of Archer Aviation (ACHR), was credited with 18,695 shares on March 10, 2026 as the first vested tranche of a 2025 performance-based restricted stock unit (PRSU) award. The shares were reported as acquired at $0.00 (award settlement), reflecting a certification by Archer’s compensation committee.

Key Details

• Transaction date: March 10, 2026 (reported on Form 4 filed March 12, 2026). Transaction code: A (award/grant/acquisition).
• Shares reported acquired: 18,695 RSUs at $0.00 per share (no cash paid).
• Vesting detail: This tranche is one-third of the 2025 PRSU Award and was certified earned at 53.73% of target (footnotes F1–F2). The earned PRSUs are fully vested and may be settled for Class A common shares on the certification date.
• Continued service condition: Vesting was conditioned on Perkins’s continued service through the certification date for this tranche.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Filed March 12, 2026 for a March 10, 2026 transaction — timely under Form 4 rules.

Context

• This was a performance-based RSU vesting event (not an open-market purchase or sale). Awards settled at $0.00 acquisition price are common for vested equity compensation; they do not necessarily indicate a purchase or sale intent. The award reflects partial achievement (53.73%) of the performance goals for the first of three tranches.