Archer Aviation Director Michael Spellacy Sells 470,000 Shares
| Reporter Name | Spellacy Michael |
| Relationship | Director |
| Type | Sell |
| Amount | $4,700,000 |
| SEC Filing | Form 4 |
Michael Spellacy, a Director at Archer Aviation, sold 470,000 shares of Class A Common Stock on December 18, 2024, at a price of $10.0 per share, totaling $4,700,000. Following these transactions, Spellacy no longer directly owns any shares but indirectly retains 1,162,183 shares through Achill Holdings LLC, where he is the sole managing member.
SEC Filing: Archer Aviation Inc. [ ACHR ] - Form 4 - Dec. 20, 2024