[Form 4] Archer Aviation Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing overview – Archer Aviation Inc. (ACHR)

On 06/27/2025, director Fred M. Diaz received an equity award of 19,102 Restricted Stock Units (RSUs) with a stated purchase price of $0. Each RSU represents the right to acquire one share of Class A common stock upon vesting. The grant will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the company’s 2026 annual stockholders’ meeting, provided Mr. Diaz continues to serve as a director on that date. Following the award, Mr. Diaz holds 19,102 derivative securities directly. The RSUs do not carry an expiration date; they either vest or are forfeited.

This filing reflects routine director compensation and does not include any open-market purchase or sale of Archer Aviation shares. The economic impact to existing shareholders is de minimis because the share count involved is immaterial relative to Archer’s outstanding float. Nevertheless, the grant modestly increases insider equity exposure, aligning the director’s incentives with long-term shareholder value.

Insights

Corporate Governance Analyst

TL;DR: Routine RSU grant to director; neutral corporate-governance signal, negligible dilution.

The 19,102-unit RSU award granted to Director Fred M. Diaz represents standard board compensation rather than an opportunistic insider trade. Because the RSUs vest over a short, service-based schedule and carry no cash cost, they minimally dilute existing shareholders while modestly enhancing director alignment. No buy/sell signal is implied, and the small size (<0.01 % of shares outstanding) renders the event non-material for valuation purposes. Investors may view the grant as routine housekeeping with neutral impact on Archer’s risk profile.

Portfolio Manager

TL;DR: Insignificant position size; filing does not change investment thesis.

From a portfolio-allocation standpoint, this Form 4 does not warrant repositioning. The RSU grant neither signals insider conviction (no cash outlay) nor indicates liquidity needs (no sale). With only 19k shares underlying, total potential dilution is immaterial against Archer’s multi-hundred-million share base. I classify the disclosure as administrative; maintain existing exposure and monitor more substantive catalysts such as FAA certification milestones, production timelines, or upcoming earnings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Diaz Fred M

(Last) (First) (Middle)

C/O ARCHER AVIATION INC.

190 WEST TASMAN DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer Aviation Inc. [ ACHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/27/2025		A		19,102		(2)	(3)	Class A Common Stock	19,102	$0	19,102	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer as of the applicable vesting date.

2. The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2026 annual stockholders' meeting.

3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

	/s/ Eric Lentell, Attorney-in-Fact for Fred M. Diaz	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Archer Aviation (ACHR) shares did Fred M. Diaz acquire?

He was granted 19,102 Restricted Stock Units, each convertible into one Class A common share upon vesting.

Was cash paid for the RSUs reported in this Form 4?

No. The RSUs were granted at a $0 exercise price; they are part of director compensation.

When will the RSUs granted to Fred M. Diaz vest?

They vest on the earlier of one year from 06/27/2025 or the date of Archer’s 2026 annual stockholders’ meeting.

Does this insider filing indicate buying or selling of ACHR stock?

No. It reports an equity award; there were no open-market purchases or sales by the director.

How many Archer Aviation shares does Fred M. Diaz own after the transaction?

Post-grant, he beneficially owns 19,102 derivative securities (RSUs) directly.