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sellWeak cluster of 410b5-1 plan

David H Wang sold $3.5M of ACMR

See Remarks at ACM Research, Inc.. 130,000 shares at an average of $26.61, traded Sep 3, 2025, filed Sep 5, 2025.

Warning score
25
Value
$3.5M
130,000 shares
Holdings after
672,708
-18% from before
From 52-week low
+90%
low $14.10, close $26.83
From 52-week high
-16%
high $32.06, as of Sep 3, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $3.5M at market
    +25
  • Share of holdings sold
    Sold 18% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ACMROct 9, 2026 · close 71.37
Since filing Sep 5, 2025: +160.4%SPY +21.9% · excess +138.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001140361-25-034208, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 3, 2025MOption exercise
Class A Common Stock10b5-1
+70,000$1.00$70k742,708Sep 5, 2025
Sep 3, 2025SOpen-market sale
Class A Common Stock10b5-1
-66,057$26.73$1.8M676,651Sep 5, 2025
Sep 3, 2025SOpen-market sale
Class A Common Stock10b5-1
-3,943$27.31$108k672,708Sep 5, 2025
Sep 4, 2025MOption exercise
Class A Common Stock10b5-1
+60,000$1.00$60k732,708Sep 5, 2025
Sep 4, 2025SOpen-market sale
Class A Common Stock10b5-1
-60,000$26.44$1.6M672,708Sep 5, 2025
Sep 3, 2025MOption exercise
Stock Optionderivative10b5-1
-70,000$0.00$0800,002Sep 5, 2025
Sep 4, 2025MOption exercise
Stock Optionderivative10b5-1
-60,000$0.00$0740,002Sep 5, 2025

Related signals

Other insiders at ACM Research, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
10Weak
ACMRsell10b5-1
ACM Research, Inc.
David H Wang
See Remarks
$11M
140,000 shares
-16%
25Weak
ACMRsell 610b5-1
ACM Research, Inc.
David H Wang
See Remarks
$5.2M
110,000 shares
-13%
40Moderate
ACMRsell 610b5-1
ACM Research, Inc.
Mark McKechnie
See Remarks
$4.5M
98,551 shares
-162%
30Weak
ACMRsell 610b5-1
ACM Research, Inc.
Tracy Liu
director
$2.9M
60,000 shares
-39%
27Weak
ACMRsell 610b5-1
ACM Research, Inc.
Haiping Dun
director
$217k
5,000 shares
-100%
30Weak
ACMRsell 610b5-1
ACM Research, Inc.
Lisa Feng
See remarks
$1.4M
30,000 shares
-46%
28Weak
ACMRsell 610b5-1
ACM Research, Inc.
Charles C Pappis
director
$250k
5,000 shares
-100%
40Moderate
ACMRsell 310b5-1
ACM Research, Inc.
Mark McKechnie
See Remarks
$1.1M
31,250 shares
-324%
25Weak
ACMRsell 310b5-1
ACM Research, Inc.
David H Wang
See Remarks
$4.4M
130,000 shares
-15%
40Moderate
ACMRsell 310b5-1
ACM Research, Inc.
Fuping Chen
See remarks
$4.0M
120,000 shares
-120%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David H Wang sold $3.5M of ACMR | InsiderTell