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Archer Aviation Chief Legal Officer Sells $528K Shares

Archer Aviation's Chief Legal Officer Eric Lentell sold over $528K in shares. The company also beat Q1 2026 earnings expectations.

Luna Torres
ByLuna Torres- Senior Editor
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Eric Lentell, Chief Legal & Strategy Officer at Archer Aviation Inc., sold a total of $528,979 worth of Class A Common Stock across two transactions on May 15 and May 18, 2026. Shares were sold at prices ranging from $5.9527 to $6.0611 per share.

On May 15, Lentell disposed of 39,967 shares at a weighted average price of $6.0611 per share. These were sold in multiple transactions with prices ranging from $6.005 to $6.135. This sale covered tax withholding obligations related to the vesting of performance restricted stock units. On May 18, an additional 48,169 shares were sold at a weighted average price of $5.9527 per share, with transaction prices between $5.87 and $6.13. This second sale also addressed tax withholding from vesting of restricted stock units. Bond.az analysis suggests the stock appears slightly undervalued at current levels.

Prior to these sales, on May 15, Lentell acquired 100,442 shares through the exercise of Restricted Stock Units at $0 per share, part of a vesting schedule.

Following these transactions, Eric Lentell directly holds 141,084 shares of Archer Aviation Class A Common Stock.

In other recent news, Archer Aviation reported Q1 2026 earnings, beating analysts’ expectations with an EPS of -$0.28 versus -$0.30 forecast. Revenue reached $1.6 million, exceeding the anticipated $1.54 million.

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Archer Aviation Chief Legal Officer Sells $528K Shares | Bond.az