Form 4: Director Gifts ACMR Shares to Family Trust

ACM Research Director Haiping Dun gifted 755,090 Class A common shares to a family revocable trust for estate planning purposes.

Summary

• Haiping Dun, a Director of ACM Research, Inc. (ACMR), reported a change in beneficial ownership.
• On November 12, 2025, Dun gifted 755,090 shares of Class A common stock.
• The recipient of the gift is the Haiping Dun & Chi-Pin H Dun Revocable Trust.
• Dun is a co-trustee of this trust, and immediate family members are beneficiaries.
• Following this transaction, Dun directly owns 0 shares but indirectly beneficially owns 755,090 shares through the trust.

Sentiment

Score: 5

Explanation: The transaction is a neutral event for the company's operational performance, representing a transfer of beneficial ownership within the director's control for estate planning purposes.

Positives

• The transaction represents a planned transfer of ownership, likely for estate planning, without an immediate sale into the open market.
• The shares remain beneficially owned by the director through a family trust, indicating continued alignment of interests.

Future Outlook

No forward-looking statements or guidance are provided.

Industry Context

This is an insider transaction related to personal estate planning and does not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• A gift of 755,090 shares of Class A common stock from Director Haiping Dun to the Haiping Dun & Chi-Pin H Dun Revocable Trust, where Dun is a co-trustee and immediate family members are beneficiaries.

Stakeholder Impact

• Shareholders: The beneficial ownership of 755,090 shares remains with the director's family trust, indicating continued alignment of interests, with no immediate impact on the public float or share price beyond the disclosure itself.

Key Dates

Recommendation

This Form 4 filing details an internal transfer of shares by a director to a family trust for estate planning purposes. It does not reflect a change in the director's overall beneficial ownership or confidence in the company, nor does it provide new information regarding the company's operational or financial performance. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

ACM Research, ACMR, Form 4, Insider Transaction, Beneficial Ownership, Stock Gift, Director, Haiping Dun, Estate Planning