Archer Aviation CTO Sells Over $612,000 in Company Shares

Thomas Muniz, the Chief Technology Officer of Archer Aviation, has sold 150,000 shares of the company's stock. The transaction generated total proceeds of approximately $612,450. The shares were sold at a weighted average price of $4.083. This sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which was adopted by Muniz in December 2023. Following the sale, the CTO still owns 512,143 shares of the company.

Official Source: https://www.investing.com/news/insider-trading-news/muniz-archer-aviation-cto-sells-612k-in-shares-93CH-4551010

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