Key facts
- This page summarizes Eric Lentell's Form 4 filing for Archer Aviation Inc. (ACHR).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 Apr 2025, 20:03.
Eric Lentell - 28 Mar 2025 Form 4 Insider Report for Archer Aviation Inc. (ACHR)
- Reporting relationship
- General Counsel and Secretary
- Issuer ticker
- ACHR
- Reported as of
- 28 Mar 2025
- Net transaction value
- -$351,793
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2025, 20:03:55 UTC
- Prior SEC filing
- 07 Mar 2025
- Next SEC filing
- 16 May 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Eric Lentell
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Eric Lentell filed Form 4 for Archer Aviation Inc. (ACHR) on 01 Apr 2025.
Change
- Previous filing in this sequence was filed on 07 Mar 2025.
- Current net transaction value: -$351,793.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACHR
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +95,420
- Change %
- Price
- $0.000000
- Shares after
- 95,420
- Date
- 28 Mar 2025
- Ownership
- Direct
ACHR
transaction
Class A Common Stock
Sale
- Transaction value
- $351,793
- Shares
- -50,004
- Change %
- -52%
- Price
- $7.04
- Shares after
- 45,416
- Date
- 31 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACHR
transaction
Derivative
Performance Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -95,420
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 190,840
- Date
- 28 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 95,420
- Exercise price
- Footnotes
- F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units. In accordance with company policy, shares are automatically sold to cover such obligations.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.92 to $7.185, 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.
Footnote F3
Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon the achievement of certain performance criteria and pursuant to the terms of the reporting person's agreement with the Issuer.
Footnote F4
On March 28, 2025, the Issuer's compensation committee certified achievement of the first tranche of the PRSU award granted on March 26, 2024 (the "2024 PRSU Award") at the maximum level, resulting in one-third of the 2024 PRSU Award becoming earned at 200% of the target amount granted.
Footnote F5
The remaining tranches of the PRSU Award may expire if the relevant performance criteria are not achieved within the applicable performance period for such tranche. The performance period for the second and third tranches ends on March 26, 2026 and 2027, respectively.