Gupta Priya 4
4 · Archer Aviation Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Archer (ACHR) Interim CFO Priya Gupta Sells 10,172 Shares
What Happened
Priya Gupta, Interim Chief Financial Officer of Archer Aviation (ACHR), reported a sale of 10,172 shares of Archer Class A common stock on March 5, 2026. The reported weighted-average price was $6.46 per share, for total proceeds of approximately $65,721. The sale was executed to satisfy tax-withholding obligations related to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filed timely).
- Sale type/code: S (sale); weighted-average price $6.46; per-share prices in the sale ranged from $6.315 to $6.775.
- Reason: Shares sold to cover tax withholding on RSU vesting (see footnote F1).
- Ownership after transaction: Not specified in the details provided here (see the filed Form 4 for the reporting person's post-transaction holdings).
- Additional notes: Footnote F2 notes the price is a weighted average and the reporter can provide breakdowns on request; footnote F3 corrects prior reports to add five shares acquired via the employee stock purchase plan (exempt transactions previously omitted).
Context
This sale was a tax-withholding disposition following RSU vesting—routine administrative transactions like this are common and do not necessarily indicate a change in the insider's view of the company. For investors, purchases typically carry more weight as signals; this reported sale appears procedural.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-05$6.46/sh−10,172$65,721→ 171,754 total
Footnotes (3)
- [F1]Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 3, 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.315 to $6.775 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]For clarity, the total reported in Table I after giving effect to the reported transaction has been corrected to reflect five additional shares not included in the reporting person's prior Section 16 reports. The shares were acquired by the reporting person in one or more transactions with the issuer pursuant to its employee stock purchase plan. Such transactions are exempt pursuant to Rules 16a3(f)(1)(i)(B) and 16b3(c), and were previously omitted due to administrative error.