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ACM Research(ACMR.US) Director Sells US$23.52 Million in Common Stock

Moomoo News ·  Oct 9 09:37

$ACM Research (ACMR.US)$ Director Xing Xiao sold 1.07 million shares of common stock on Oct 4, 7, 8, 2024 at an average price of $22.07 for a total value of $23.52 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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