Form 4: Archer Aviation Director Oscar Munoz Reports Stock Transactions
SEC Form 4 Filing
Director Oscar Munoz reports the acquisition and disposal of Archer Aviation Inc. Class A Common Stock and Restricted Stock Units.
Summary
- On June 21, 2024, Oscar Munoz, a director of Archer Aviation Inc., reported transactions involving the company's Class A Common Stock and Restricted Stock Units.
- Munoz disposed of 29,674 shares of Class A Common Stock.
- Following the reported transaction, Munoz beneficially owns 359,653 shares of Class A Common Stock.
- Munoz also acquired 54,644 Restricted Stock Units, which will vest on the earlier of the one-year anniversary of the grant date or the date of the Issuer's 2025 annual stockholders' meeting.
- Munoz holds 54,644 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides insight into the holdings of a key company director.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders.
Key Dates
| Date | Description |
|---|---|
| 2024-03-21 | Date of Limited Power of Attorney execution. |
| 2024-06-21 | Date of transaction involving Class A Common Stock and Restricted Stock Units. |
| 2024-06-24 | Date of signature of the report. |
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