Chief Legal & Strategy Officer Eric Lentell sells 88,136 shares at Archer Aviation for $528,979.59; holdings drop -38.5%
Lentell conducted 2 separate sales totaling 88,136 shares for $528,979.59 on May 15–18, 2026, reducing his position by 38.5% from 229,220 to 141,084 shares. The sales occurred at prices ($6.06 and $5.95) above the current market price of $5.91, yet the stock has declined 59.6% from its 52-week high of $14.62 and 15.2% over the prior 90 days. Archer Aviation remains unprofitable with net income of $-217,700,000.00 against quarterly revenue of $1,600,000.00, creating fundamental headwinds. His prior sales at ACHR show mixed timing outcomes: 2 of 5 prior sells were well-timed at the 90-day mark, while his cross-ticker track record shows an average 90-day return of 1.0% after sells, suggesting limited predictive accuracy overall at this or other securities.