Archer shares rise as Midnight air-show flights draw focus; insider plans sale

  • Archer shares gained in separate reported sessions as Midnight prepared for September 26-27, 2026, demonstrations at the California International Air Show in Salinas.
  • Midnight flew more than 40 miles between Salinas and Hollister at up to 125 mph and 3,550 feet, with each leg lasting about 12 minutes.
  • Benjamin Lyon filed to sell 45,359 Class A shares, valued at approximately $246,299 at the reported $5.43 closing price, under a Rule 10b5-1 plan.

Archer Aviation shares advanced in separate reported updates as its Midnight electric vertical takeoff and landing aircraft prepared for public demonstrations at the California International Air Show in Salinas on September 26 and 27, 2026, while insider Benjamin Lyon disclosed a planned sale of 45,359 Class A shares. Shares closed at $5.43 after a 3.23% Monday gain in one report and at $5.69 after a 4.79% Tuesday gain in a later update; another interim report cited $5.59 after a 3.04% advance, reflecting separate market sessions. Midnight’s No Roads demonstrations included a piloted Salinas-to-Hollister round trip of more than 40 miles at up to 125 mph and 3,550 feet, with each leg lasting about 12 minutes versus at least 40 minutes by road. Archer remains in development, with certification, funding, manufacturing expansion and commercial deployment still ahead.

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