A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 9 filings in this group are Form 4s for ACM Research, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 9 insider filings shown, the breakdown is 5 open-market sale and 4 compensation award. 5 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-10
ACMR insider Wang David H (Director, See Remarks, 10% Owner) sold 140,000 shares (~$10.63M)
Wang David H, listed as Director, See Remarks, 10% Owner at ACM Research, Inc., reported an open-market sale of 140,000 ACMR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
70,000 |
$1.00 |
$70.0K |
S |
Open-market sale
|
4,803 |
$75.99 |
$365.0K |
S |
Open-market sale
|
51,374 |
$77.15 |
$3.96M |
S |
Open-market sale
|
12,323 |
$78.08 |
$962.2K |
S |
Open-market sale
|
1,500 |
$78.57 |
$117.9K |
M |
Option exercise
|
70,000 |
$1.00 |
$70.0K |
S |
Open-market sale
|
33,493 |
$73.80 |
$2.47M |
S |
Open-market sale
|
18,934 |
$74.67 |
$1.41M |
S |
Open-market sale
|
11,666 |
$75.58 |
$881.7K |
S |
Open-market sale
|
4,807 |
$76.73 |
$368.8K |
S |
Open-market sale
|
1,100 |
$77.59 |
$85.3K |
M |
Option exercise
derivative · Stock Option
|
70,000 |
— |
— |
M |
Option exercise
derivative · Stock Option
|
70,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Wang David H (Director, See Remarks, 10% Owner)
Shares: 140,000
Est. Value: $10.63M
Form 4
Compensation award
Tax / Compensation Filing
2026-08-26
ACMR insider Form 4 filed for equity award, exercise, or tax withholding
Pappis Charles C (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option
|
6,400 |
— |
— |
A |
Compensation award
derivative · Restricted Stock Units
|
728 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Pappis Charles C (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-08-26
ACMR insider Form 4 filed for equity award, exercise, or tax withholding
Liu Tracy (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option
|
6,400 |
— |
— |
A |
Compensation award
derivative · Restricted Stock Units
|
728 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Liu Tracy (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-08-26
ACMR insider Form 4 filed for equity award, exercise, or tax withholding
Dun Haiping (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option
|
6,400 |
— |
— |
A |
Compensation award
derivative · Restricted Stock Units
|
728 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Dun Haiping (Director)
Form 4
Open-market sale
Insider Selling
2026-08-21
ACMR insider McKechnie Mark (See Remarks) sold 55,199 shares (~$4.26M)
McKechnie Mark, listed as See Remarks at ACM Research, Inc., reported an open-market sale of 55,199 ACMR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
30,199 |
$19.49 |
$588.6K |
M |
Option exercise
|
25,000 |
$13.89 |
$347.2K |
S |
Open-market sale
|
13,625 |
$76.34 |
$1.04M |
S |
Open-market sale
|
30,365 |
$77.45 |
$2.35M |
S |
Open-market sale
|
11,209 |
$77.89 |
$873.1K |
M |
Option exercise
derivative · Stock Option
|
30,199 |
— |
— |
M |
Option exercise
derivative · Stock Option
|
25,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McKechnie Mark (See Remarks)
Shares: 55,199
Est. Value: $4.26M
Form 4
Open-market sale
Insider Selling
2026-08-20
ACMR insider Dun Haiping (Director) sold 5,000 shares (~$405.7K)
Dun Haiping, listed as Director at ACM Research, Inc., reported an open-market sale of 5,000 ACMR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
5,000 |
$5.60 |
$28.0K |
S |
Open-market sale
|
1,200 |
$80.29 |
$96.3K |
S |
Open-market sale
|
3,400 |
$81.31 |
$276.5K |
S |
Open-market sale
|
400 |
$82.17 |
$32.9K |
M |
Option exercise
derivative · Stock Option
|
5,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Dun Haiping (Director)
Shares: 5,000
Est. Value: $405.7K
Form 4
Compensation award
Tax / Compensation Filing
2026-07-06
ACMR insider Form 4 filed for equity award, exercise, or tax withholding
Wang David H (Director, See Remarks, 10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
6,208 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Wang David H (Director, See Remarks, 10% Owner)
Form 4
Open-market sale
Insider Selling
2026-06-05
ACMR insider Cheav Sotheara (See remarks) sold 18,750 shares (~$1.59M)
Cheav Sotheara, listed as See remarks at ACM Research, Inc., reported an open-market sale of 18,750 ACMR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
13,351 |
$13.89 |
$185.4K |
S |
Open-market sale
|
1,300 |
$84.08 |
$109.3K |
S |
Open-market sale
|
9,212 |
$85.11 |
$784.0K |
S |
Open-market sale
|
2,839 |
$85.77 |
$243.5K |
M |
Option exercise
|
5,399 |
$13.89 |
$75.0K |
S |
Open-market sale
|
2,384 |
$81.73 |
$194.8K |
S |
Open-market sale
|
968 |
$82.61 |
$80.0K |
S |
Open-market sale
|
400 |
$84.01 |
$33.6K |
S |
Open-market sale
|
1,647 |
$85.41 |
$140.7K |
M |
Option exercise
derivative · Stock Option
|
13,351 |
— |
— |
M |
Option exercise
derivative · Stock Option
|
5,399 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Cheav Sotheara (See remarks)
Shares: 18,750
Est. Value: $1.59M
Form 4
Open-market sale
Insider Selling
2026-06-05
ACMR insider Wang David H (Director, See Remarks, 10% Owner) sold 100,002 shares (~$8.84M)
Wang David H, listed as Director, See Remarks, 10% Owner at ACM Research, Inc., reported an open-market sale of 100,002 ACMR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
60,000 |
$1.00 |
$60.0K |
S |
Open-market sale
|
4,300 |
$87.57 |
$376.6K |
S |
Open-market sale
|
6,295 |
$88.98 |
$560.1K |
S |
Open-market sale
|
32,450 |
$89.84 |
$2.92M |
S |
Open-market sale
|
9,925 |
$90.78 |
$901.0K |
S |
Open-market sale
|
5,843 |
$92.38 |
$539.8K |
S |
Open-market sale
|
1,187 |
$93.04 |
$110.4K |
M |
Option exercise
|
40,002 |
$1.00 |
$40.0K |
S |
Open-market sale
|
2,060 |
$83.86 |
$172.8K |
S |
Open-market sale
|
17,543 |
$85.11 |
$1.49M |
S |
Open-market sale
|
10,992 |
$86.07 |
$946.1K |
S |
Open-market sale
|
8,581 |
$87.13 |
$747.7K |
S |
Open-market sale
|
826 |
$87.91 |
$72.6K |
M |
Option exercise
derivative · Stock Option
|
60,000 |
— |
— |
M |
Option exercise
derivative · Stock Option
|
40,002 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Wang David H (Director, See Remarks, 10% Owner)
Shares: 100,002
Est. Value: $8.84M