Thomas Paul Muniz - 07 Jan 2025 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Signature
/s/ Eric Lentell, Attorney-in-Fact for Thomas Paul Muniz
Issuer symbol
ACHR
Transactions as of
07 Jan 2025
Net transactions value
-$600,000
Form type
4
Filing time
10 Jan 2025, 19:00:07 UTC
Previous filing
18 Dec 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Sale $600,000 -50,000 -4.5% $12.00 1,070,360 07 Jan 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 5, 2024.