Form 144: Proposed 50,000-Share Sale After Option Exercise

Morgan Stanley Smith Barney LLC submitted a Form 144 notice for the proposed sale of 50,000 shares of Common Stock related to a stock option exercise dated 03/12/2026.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice for the proposed sale of 50,000 shares of Common Stock related to a stock option exercise dated 03/12/2026. The filing records the method as cash and lists the transaction in connection with securities traded on NASDAQ.

The notice also discloses a prior sale of 60,000 shares on 03/11/2026 with an aggregate reported value of $2,875,386.00.

Insights

Capital Markets Analyst

Form 144 reports a proposed cash sale of 50,000 shares after an option exercise.

The filing lists a 50,000 share sale tied to a stock option exercise dated 03/12/2026, with the distribution method shown as cash. The notice references trading on NASDAQ.

It also records a recent sale of 60,000 shares on 03/11/2026 with an aggregate value of $2,875,386.00. Subsequent disclosures may clarify actual sale timing and settlement details.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ACMR's Form 144 filed by Morgan Stanley report?

The filing reports a proposed sale of 50,000 shares tied to a stock option exercise dated 03/12/2026. It lists the sale method as cash and shows prior sales on 03/11/2026.

Who is identified as the filer in the ACMR Form 144?

The notice lists Morgan Stanley Smith Barney LLC as the filer in its role as an executive financial services broker. The document also shows an associated individual address for HUI WANG in Fremont, California.

How many shares were sold recently before the proposed 50,000-share sale?

The Form 144 records a sale of 60,000 shares on 03/11/2026 with an aggregate reported value of $2,875,386.00. That prior sale is disclosed separately from the 50,000-share notice.

Does the Form 144 specify how proceeds will be handled for ACMR shares?

The filing indicates the proposed 50,000-share transaction is tied to a stock option exercise and lists the transaction type as cash. The document does not elaborate on proceeds recipients beyond this method.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/12/2026 - 04:27 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001721580
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ACM RESEARCH, INC.
SEC File Number	001-38273
Address of Issuer	42307 Osgood Road, Suite I Fremont CALIFORNIA 94539
Phone	(510) 445-3700
Name of Person for Whose Account the Securities are To Be Sold	HUI WANG
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director
Relationship to Issuer	10% Stockholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	2278825.00	60705783	03/12/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/12/2026	Stock Option Exercise	ISSUER			50000	03/12/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
HUI WANG 42307 Osgood Road, Suite I Fremont CA 94539	Common	03/11/2026	60000	2875386.00

144: Remarks and Signature

Remarks
Date of Notice	03/12/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/29/2024
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Hui Wang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)