Muniz Thomas Paul 4
4 · Archer Aviation Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) CTO Thomas Muniz Receives 16,358-Share Award
What Happened
Muniz Thomas Paul, Archer Aviation’s Chief Technology Officer, was reported to have acquired 16,358 shares on March 10, 2026 as the result of a performance-based restricted stock unit (PRSU) award vesting. The reported acquisition price is $0.00 (award settlement), so the reported cash value in the filing is $0.
Key Details
- Transaction date: March 10, 2026 (Certification Date)
- Transaction type/code: Award/Grant (A) — performance-based restricted stock units (PRSUs) converted to shares
- Shares acquired: 16,358; Price reported: $0.00; Reported cash value: $0
- Shares owned after transaction: not specified in the information provided in this summary filing
- Footnotes: F1–F2 explain this is one-third of a 2025 PRSU Award (granted Feb 17, 2025) that vested based on relative total shareholder return and continued service; the first tranche was certified at 53.73% of target and the earned RSUs were fully vested and may be settled for Class A common stock on the Certification Date
- Filing timeliness: no late filing indicated in the supplied data
Context
This was not an open-market purchase or sale but the vesting/settlement of a performance-based equity award. Performance PRSUs vest only if both performance (relative TSR) and continued service conditions are met; one of three tranches has now been certified as earned at a reduced (53.73%) payout relative to target. Such awards are common compensation for executives and represent compensation realization rather than a directional trade signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-03-10+16,358→ 1,361,788 total
Footnotes (2)
- [F1]The reported transaction represents the certification of achievement of the first of three tranches of a performance-based restricted stock unit award granted to the reporting person by the Issuer's compensation committee on February 17, 2025 (the "2025 PRSU Award"). Vesting of each tranche of the 2025 PRSU Award is based on relative total stockholder return and is subject to the reporting person's continued service through the certification date of achievement of the relevant tranche.
- [F2]On March 10, 2026 (the "Certification Date"), the Issuer's compensation committee certified achievement of the first tranche of the 2025 PRSU Award, resulting in one-third of the 2025 PRSU Award becoming earned at 53.73% of the target amount granted. The performance restricted stock units comprising the first tranche of the 2025 PRSU Award so earned are fully vested and may be settled for shares of the Issuer's Class A common stock on the Certification Date.