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SEC EDGAR · Forms 3/4/5Updated through Oct 30, 2026•34 filings

ACMR

ACM Research, Inc.

Net sales of $15.3M over the last 3 months

3 sellers account for the net balance. There is no cluster of three distinct buyers within 30 days. We found no CEO/CFO purchases over 12 months.

How to read this signal

Only open-market P purchases and S sales count toward the signal. Vesting, options, taxes and gifts remain in the source data but do not trigger alerts. Rule 10b5-1 trades are shown as informational.

JSON example

3-month balance

−$15,300,651

0 buyers · 3 sellers

12-month purchases

$0.00

0 distinct insiders

12-month sales

$51,151,405

8 distinct insiders

Highlighted alerts

0

81 Rule 10b5-1 trades treated as informational

Buying cluster · 30 days

Fewer than three distinct buyers

CEO/CFO purchases · 12 months

No executive purchases found

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Form 4 raw → Raspberry

The value is in what we do not call a signal.

The SEC XML stores every transaction. Raspberry keeps that evidence, reads the footnotes and separates voluntary open-market activity from vesting, option exercises, gifts, tax withholding, stock purchase and dividend reinvestment plans and pre-programmed 10b5-1 trades.

100
Raw transactions
Everything returned by the filing
81
Voluntary view
P/S trades after deterministic checks
43
Administrative noise
Stored, never alerted
93
10b5-1
Shown as informational
SEC ownership XML facts
Code
M
Shares
70,000
Price
$1.00
Footnotes
11

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.52 to $76.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2), (3), (4), (5), (6), (7), (8), (9), and (10) to this Form 4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.52 to $77.5, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $77.52 to $78.48, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $78.55 to $78.64, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $73.26 to $74.21, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $74.26 to $75.22, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $75.28 to $75.95, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $76.38 to $77.35, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $77.59 to $77.59, inclusive. The option is fully vested and exercisable.

Raspberry interpretation
Informational — no alert

Reason: administrative_code. The trade is reported under a Rule 10b5-1 plan.

Verify in SEC EDGAR

Recent transactions

Voluntary purchases and sales; administrative noise stays hidden.

81 transactions

Wang David H

See Remarks

Sale 10b5-1
Shares
4,807
Price
$76.73
Value
$368,841
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
11,666
Price
$75.58
Value
$881,716
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
18,934
Price
$74.67
Value
$1,413,802
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
33,493
Price
$73.80
Value
$2,471,783
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
1,100
Price
$77.59
Value
$85,349
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
1,500
Price
$78.57
Value
$117,855
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
12,323
Price
$78.08
Value
$962,180
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
51,374
Price
$77.15
Value
$3,963,504
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
4,803
Price
$75.99
Value
$364,980
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
11,209
Price
$77.89
Value
$873,069
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
30,365
Price
$77.45
Value
$2,351,769
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
13,625
Price
$76.34
Value
$1,040,133
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
400
Price
$82.17
Value
$32,868
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
3,400
Price
$81.31
Value
$276,454
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
1,200
Price
$80.29
Value
$96,348
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
1,647
Price
$85.41
Value
$140,670
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
400
Price
$84.01
Value
$33,604
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
968
Price
$82.61
Value
$79,966
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
2,384
Price
$81.73
Value
$194,844
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
2,839
Price
$85.77
Value
$243,501
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
9,212
Price
$85.11
Value
$784,033
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
1,300
Price
$84.08
Value
$109,304
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
17,543
Price
$85.11
Value
$1,493,085
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
2,060
Price
$83.86
Value
$172,752
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
826
Price
$87.91
Value
$72,614
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
8,581
Price
$87.13
Value
$747,663
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
10,992
Price
$86.07
Value
$946,081
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
1,187
Price
$93.04
Value
$110,438
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
5,843
Price
$92.38
Value
$539,776
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
9,925
Price
$90.78
Value
$900,992
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
32,450
Price
$89.84
Value
$2,915,308
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
6,295
Price
$88.98
Value
$560,129
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
4,300
Price
$87.57
Value
$376,551
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
1,858
Price
$67.54
Value
$125,489
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
1,309
Price
$67.21
Value
$87,978
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
500
Price
$65.09
Value
$32,545
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
1,333
Price
$63.84
Value
$85,099
Open SEC filing

Pappis Charles C

Director

Sale 10b5-1
Shares
5,000
Price
$52.00
Value
$260,000
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
564
Price
$46.57
Value
$26,265
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
29,348
Price
$45.74
Value
$1,342,378
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
8,639
Price
$44.94
Value
$388,237
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
982
Price
$46.55
Value
$45,712
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
47,108
Price
$45.74
Value
$2,154,720
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
11,910
Price
$44.89
Value
$534,640
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
702
Price
$46.57
Value
$32,692
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
38,737
Price
$45.74
Value
$1,771,830
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
10,561
Price
$44.92
Value
$474,400
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
4,627
Price
$48.34
Value
$223,669
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
55,373
Price
$47.89
Value
$2,651,813
Open SEC filing

Liu Tracy

Director

Sale 10b5-1
Shares
3,377
Price
$48.25
Value
$162,940
Open SEC filing

Liu Tracy

Director

Sale 10b5-1
Shares
11,623
Price
$47.81
Value
$555,696
Open SEC filing

Liu Tracy

Director

Sale 10b5-1
Shares
12,784
Price
$48.19
Value
$616,061
Open SEC filing

Liu Tracy

Director

Sale 10b5-1
Shares
32,216
Price
$47.06
Value
$1,516,085
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
900
Price
$43.94
Value
$39,546
Open SEC filing

Dun Haiping

Director

Sale 10b5-1
Shares
4,100
Price
$43.37
Value
$177,817
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
200
Price
$46.58
Value
$9,316
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
14,800
Price
$46.07
Value
$681,836
Open SEC filing

Pappis Charles C

Director

Sale 10b5-1
Shares
5,000
Price
$50.09
Value
$250,450
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
6,950
Price
$50.24
Value
$349,168
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
8,050
Price
$49.81
Value
$400,971
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
22,500
Price
$35.45
Value
$797,625
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
996
Price
$34.26
Value
$34,123
Open SEC filing

McKechnie Mark

See Remarks

Sale 10b5-1
Shares
7,754
Price
$33.50
Value
$259,759
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
40,183
Price
$34.42
Value
$1,383,099
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
19,817
Price
$33.52
Value
$664,266
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
1,200
Price
$33.56
Value
$40,272
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
68,800
Price
$33.05
Value
$2,273,840
Open SEC filing

Chen Fuping

See remarks

Sale 10b5-1
Shares
300
Price
$33.57
Value
$10,071
Open SEC filing

Chen Fuping

See remarks

Sale 10b5-1
Shares
19,700
Price
$33.05
Value
$651,085
Open SEC filing

Chen Fuping

See remarks

Sale 10b5-1
Shares
100,000
Price
$33.20
Value
$3,320,000
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
15,000
Price
$33.77
Value
$506,550
Open SEC filing

Feng Lisa

See remarks

Sale 10b5-1
Shares
15,000
Price
$32.76
Value
$491,400
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
10,000
Price
$35.00
Value
$350,000
Open SEC filing

Wang Jian

See remarks

Sale 10b5-1
Shares
30,000
Price
$35.00
Value
$1,050,000
Open SEC filing

Liu Tracy

Director

Sale 10b5-1
Shares
15,000
Price
$33.00
Value
$495,000
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
60,000
Price
$26.44
Value
$1,586,400
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
3,943
Price
$27.31
Value
$107,683
Open SEC filing

Wang David H

See Remarks

Sale 10b5-1
Shares
66,057
Price
$26.73
Value
$1,765,704
Open SEC filing

Wang Jian

See remarks

Sale 10b5-1
Shares
30,000
Price
$32.00
Value
$960,000
Open SEC filing

Cheav Sotheara

See remarks

Sale 10b5-1
Shares
11,152
Price
$30.00
Value
$334,560
Open SEC filing

Wang Jian

See remarks

Sale 10b5-1
Shares
30,000
Price
$30.00
Value
$900,000
Open SEC filing