---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-052848"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:46:55.157617+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Archer Aviation co-CEO Brett Adcock departs, receives severance, remains on board

## Summary
- Separation effective April 13, 2022; Adcock stays on Board of Directors.
- Severance includes 24-month salary continuation ($600k/yr), $600k bonus, and $1.5M special payment.
- Time-based equity accelerated by 24 months; Founder Grant milestones eligible for 15 months post-separation.
- 12-month lock-up on share transfers, with limited sales allowed in Q3/Q4 2022 and Q1 2023.
- Total unvested shares owned individually and via High Drive Growth LLC become fully vested after acceleration.

## SEC filing metadata
- accession: 0001104659-22-052848
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000110465922052848/0001104659-22-052848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000110465922052848/tm2213965d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-052848
- JSON: https://secwatch.observer/filing/0001104659-22-052848.json
- Plain text: https://secwatch.observer/filing/0001104659-22-052848.txt

## Key facts
- Executive change
  Brett Adcock departed as Co-Chief Executive Officer at Archer Aviation Inc..
  - Action: ended
  - Role: Co-Chief Executive Officer
  source text: Brett Adcock, the Company’s Co-Founder and former Co-Chief Executive Officer, will remain on the Company’s Board of Directors. Mr. Adcock’s service as the Company’s Co-Chief Executive Officer ended effective April 13, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000110465922052848/0001104659-22-052848-index.htm
- Executive change
  Adam Goldstein was named as Chief Executive Officer at Archer Aviation Inc..
  - Action: named
  - Role: Chief Executive Officer
  source text: Adam Goldstein has been named the sole Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000110465922052848/0001104659-22-052848-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.