Archer Aviation Inc. insider Michael Spellacy reported a change in beneficial ownership of Archer’s Class A common stock tied to restricted stock units, according to a Form 4 filed June 30, 2026. The reported transaction date was June 26, 2026. The filing describes restricted stock units, or RSUs, each representing a contingent right to receive one share of Archer Class A common stock. The RSUs are subject to Spellacy’s continued service with the company through the applicable vesting date. The award “vested or vests” in full on the earlier of either the one-year anniversary of the grant date or the date of Archer’s 2026 annual stockholders’ meeting. The securities are reported as indirectly owned through Achill Holdings LLC. Spellacy is identified as the sole managing member of that entity, meaning he may be deemed to beneficially own the Archer securities held through it. The supplied filing text does not include the transaction table showing the number of RSUs or shares involved, the transaction code, any acquisition or disposition price, or Spellacy’s exact beneficial ownership after the transaction. It also does not indicate an open-market purchase or sale. Instead, the available details point to an equity-award-related ownership change involving RSUs that convert into Archer Class A common stock on a one-for-one basis. The RSUs do not expire; they either vest according to the stated schedule or are cancelled before vesting. The Form 4 was signed on June 30, 2026, by Eric Lentell as attorney-in-fact for Michael Spellacy.
Stock detail
Archer Aviation (ACHR) stock price, chart, and key data
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Stock detail
Archer Aviation
ACHR · XNYS
-$0.24 (-4.69%) past day
$4.88
Overnight $4.91 (+0.62%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Day range
$4.76 - $5.16
Close price
$5.11
Market cap
$3.9B
P/E ratio
-17.41
About the company
Archer Aviation Inc A
Archer Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. The company is building a platform to deliver aircraft, technologies, and services to customers world-wide across commercial and defense sectors.
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