Priya Gupta

About Priya Gupta

Priya Gupta is Acting Chief Financial Officer (Principal Financial Officer) of Archer Aviation (ACHR). She has served as Acting CFO since September 9, 2024, after joining Archer as Vice President of Finance in April 2022; she continues in this capacity following the July 7, 2025 CFO transition and signs SOX certifications as Acting CFO . Gupta holds a B.A. in Economics from Delhi University and an MBA from Purdue University’s Daniels School of Business; prior roles include VP Finance at Volansi and progressively senior finance positions at Bloom Energy (Director of Finance) . Archer’s one- and three-year TSR through year-end 2024 were 58.8% and 17.3%, respectively, framing pay-for-performance context during her tenure .

Past Roles

Organization	Role	Years	Strategic Impact
Archer Aviation	Acting Chief Financial Officer; Acting Principal Financial Officer	Sep 2024 – present	Leads finance amidst commercialization and capital allocation; executed SOX 302/906 certifications
Archer Aviation	Vice President of Finance	Apr 2022 – Sep 2024	Senior finance leadership during certification and manufacturing buildout
Volansi, Inc.	Vice President of Finance	Jun 2021 – Apr 2022	Finance leadership at aerial logistics/drone company
Bloom Energy Corporation	Finance roles, including Director of Finance	Sep 2011 – Jun 2021	Progressive finance responsibilities at energy technology manufacturer

External Roles

No external board roles disclosed for Gupta.

Fixed Compensation

Component	2024 Detail
Base Salary	$338,000
Target Bonus % of Salary	35%
Actual Annual Bonus Paid (2024)	$100,555 (85% of target based on 70% corporate, 100% individual)
One-time Interim CFO bonus	$57,790 (for Acting CFO service Sep 9–Dec 31, 2024)
2023 Bonus paid in equity	RSUs 28,237 granted 2/23/2024 (fully vested; annual bonus settlement)

2024 Equity Grants (Time-based RSUs)

Grant Date	Shares	Grant Date Fair Value ($)	Vesting Schedule
5/1/2024	42,998	171,992	Three-year schedule: 1/12 on 5/15/2024, then quarterly thereafter

Note: No PSUs or options were granted to Priya Gupta in 2024; equity awards disclosed are time-based RSUs .

Performance Compensation

Annual Bonus Plan (2024)

Metric	Weighting	Target	Actual	Payout Mechanic	Result
Corporate Goals (Manufacturing, Flight Test, FAA Certification, Commercialization, Cash Burn)	50% of Gupta’s bonus	Multiple operational targets across 5 goals	Achieved at 70% of target aggregate	50% corporate weighting	Contributed to 85% total payout
Individual Performance	50% of Gupta’s bonus	Pre-set individual objectives	Achieved 100%	50% individual weighting	Contributed to 85% total payout

Total payout: $100,555 (85% of target for 2024) .

Equity Ownership & Alignment

Holding Type (as of 12/31/2024)	Unvested Shares	Market Value ($)	Notes
RSUs (grant 7/11/2022)	48,712	474,942
RSUs (grant 5/1/2024)	32,247	314,408

Insider Trading/Alignment Policies: Company prohibits hedging and, except in limited circumstances, pledging of Archer stock; any pledging requires prior approval by General Counsel . Robust clawback policy applies to Section 16 officers for incentive compensation in the event of restatements or misconduct; adopted Nov 1, 2023 .
Ownership guidelines: Not disclosed for executives; director guidelines are disclosed separately.

Employment Terms

Term	Detail
Employment/Indemnity	Entered company’s standard form Indemnity Agreement upon appointment as Acting CFO
Change-in-Control & Severance Agreement	Not a party to Archer’s Change in Control and Severance Agreement (unlike other NEOs)
Severance/COC Economics	No specific severance or CoC multiples disclosed for Gupta
Clawback	Compensation Recovery Policy aligned with SEC/NYSE Rule 10D-1; enforcement up to 100% of incentive comp in cases of fraud/misconduct
Insider Trading Policy	Prohibits hedging/shorting; pledging generally prohibited without approval

Performance & Track Record

Acting CFO certifications: Signed SOX 302 and 906 certifications for Q3 2025 10-Q; designated Acting CFO and Principal Financial Officer .
CFO commentary (Q3 2025 call): Guided adjusted EBITDA loss of $110–$140 million for Q4; capex stepped up to support aircraft build/manufacturing; disclosed Lilium ($21M) and Hawthorne ($126M cash) acquisition cash needs .
Company TSR context: One-year TSR 58.8%; three-year TSR 17.3% (through YE 2024) .

Compensation Committee/Program Context

Say-on-Pay approval: 99.6% approval in 2024, indicating strong shareholder support for executive compensation program .
Peer Group: 2024 peer group included Ambarella, Aurora, Bloom Energy, Calix, ChargePoint, Cohu, Impinj, Joby Aviation, Luminar, Novanta, Power Integrations, QuantumScape, Rambus, Shoals, Stem; revised in Oct 2024 for 2025 to include LiveWire, Eve, Navitas, Evolv and remove certain larger caps .

Investment Implications

Alignment: Gupta’s compensation is primarily cash salary and formula-driven annual bonus plus time-based RSUs; with no PSUs disclosed for her in 2024, her equity exposure is retention-weighted rather than performance-conditioned, though corporate PSU framework applies to other NEOs and Company TSR targets overall .
Selling pressure: Quarterly vesting RSUs (2012 and 2024 grants) create ongoing settlement events; monitor Form 4 filings for any sales as shares vest to gauge potential selling pressure. Company policy restricts hedging/pledging, which supports alignment and reduces leverage-based risk .
Retention risk: Absence of a Change-in-Control and Severance Agreement for Gupta leaves her with less contractual protection vs. peers, which can be a retention consideration in strategic transactions . However, strong say-on-pay support and robust clawback/insider policies signal governance discipline .
Execution: As Acting CFO, Gupta is central to capital stewardship amid manufacturing ramp and acquisitions; her guidance on adjusted EBITDA and capex intensity underscores near-term cash burn focus and financing/investment cadence . Investors should track bonus metric design (corporate goals weighting) and TSR outcomes in 2025 to assess pay-for-performance alignment continuity .