Xiao Xing - 04 Oct 2024 Form 4 Insider Report for ACM Research, Inc. (ACMR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Oct 2024, 21:30:56 UTC
Prior SEC filing
03 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark McKechnie, Attorney-in-Fact for Xiao Xing

Key filing fact

Xiao Xing filed Form 4 for ACM Research, Inc. (ACMR) on 08 Oct 2024.

Key facts

  • This page summarizes Xiao Xing's Form 4 filing for ACM Research, Inc. (ACMR).
  • 6 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Oct 2024, 21:30.

Change

  • Previous filing in this sequence was filed on 03 Oct 2024.
  • Current net transaction value: -$23,516,561.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACMR transaction

Class A Common Stock

Sale

Transaction value
$12,390,021
Shares
-580,873
Change %
-17%
Price
$21.33
Shares after
2,823,033
Date
04 Oct 2024
Ownership
See Footnote
Footnotes
F1, F2, F3
ACMR transaction

Class A Common Stock

Sale

Transaction value
$2,595,777
Shares
-119,127
Change %
-4.2%
Price
$21.79
Shares after
2,703,906
Date
04 Oct 2024
Ownership
See Footnote
Footnotes
F1, F3, F4
ACMR transaction

Class A Common Stock

Sale

Transaction value
$4,034,477
Shares
-173,005
Change %
-6.4%
Price
$23.32
Shares after
2,530,901
Date
07 Oct 2024
Ownership
See Footnote
Footnotes
F1, F3, F5
ACMR transaction

Class A Common Stock

Sale

Transaction value
$2,560,806
Shares
-101,018
Change %
-4%
Price
$25.35
Shares after
2,429,883
Date
07 Oct 2024
Ownership
See Footnote
Footnotes
F1, F3, F6
ACMR transaction

Class A Common Stock

Sale

Transaction value
$25,412
Shares
-977
Change %
-0.04%
Price
$26.01
Shares after
2,428,906
Date
07 Oct 2024
Ownership
See Footnote
Footnotes
F1, F3, F7
ACMR transaction

Class A Common Stock

Sale

Transaction value
$1,910,067
Shares
-90,396
Change %
-3.7%
Price
$21.13
Shares after
2,338,510
Date
08 Oct 2024
Ownership
See Footnote
Footnotes
F1, F3, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 8 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Shanghai Science and Technology Venture Capital Co., Ltd. ("SSTVC") on June 12, 2024.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.71 to $21.705, 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 footnotes (2), (4), (5), (6), (7) and (8) to this Form 4.

Footnote F3

These shares are owned by SSTVC. The reporting person is an employee of an affiliate of SSTVC. The reporting person disclaims beneficial ownership of the shares owned by SSTVC except to the extent of the reporting person's pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.71 to $22.10, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.05 to $23.91, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.01 to $26.005, inclusive.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.01 to $26.02, inclusive.

Footnote F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.53 to $21.51, inclusive.

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