AXT Inc. files Form 144 for cashless option sale

AXT Inc. files a Form 144 reporting proposed dispositions of Common Stock via a cashless option exercise on 06/01/2026.

Rhea-AI Filing Summary

AXT Inc. files a Form 144 reporting proposed dispositions of Common Stock via a cashless option exercise on 06/01/2026. The notice lists recent sales by related parties on NASDAQ and provides per‑transaction share counts and gross proceeds.

Examples shown include Morris S. Young selling 159,536 shares on 03/02/2026 for $6,911,466.45, 8,300 shares on 03/06/2026 for $329,063.46, and the Young Family Trust selling 30,832 shares on 03/10/2026 for $1,409,908.37. The filing identifies Needham and Company LLC and lists NASDAQ as the market.

Insights

Securities Attorney

Routine Form 144 notice for proposed insider dispositions; procedural disclosure.

Form 144 is a notice that a person intends to sell restricted or control securities in reliance on Rule 144. This filing documents a proposed cashless option exercise on 06/01/2026 and lists recent transactions by Morris S. Young and related trust.

Timing and proceeds are tied to the exercise and sale mechanics; the filing does not state settlement details or whether sales are completed. Subsequent Form 4s or market filings will show final dispositions.

Corporate Finance Analyst

Provides transaction-level transparency but no material corporate finance change.

The filing lists multiple past sales with exact share counts and gross proceeds, useful to trace insider liquidity: e.g., 159,536 shares ($6,911,466.45) on 03/02/2026. These are transactional disclosures, not capital‑raising events for the issuer.

Cash proceeds appear to flow to selling holders; the issuer's cash‑flow treatment for the new exercise is not stated in the excerpt.

Key Figures

Form date: 06/01/2026 Exchange: NASDAQ Sale — Morris S. Young: 159,536 shares +3 more

6 metrics

Form date 06/01/2026 Proposed cashless option exercise date

Exchange NASDAQ Market listed for the securities

Sale — Morris S. Young 159,536 shares Sold on 03/02/2026

Proceeds — Morris S. Young (03/02/2026) $6,911,466.45 Gross proceeds reported for 159,536 shares

Sale — Young Family Trust 30,832 shares Sold on 03/10/2026 for $1,409,908.37

Additional sale — Morris S. Young 125,893 shares Sold on 03/09/2026 for $4,596,655.57

Key Terms

Form 144, cashless option exercise, equity compensation, gross proceeds

4 terms

Form 144 regulatory

"Proposed dispositions of Common Stock via a cashless option exercise"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

cashless option exercise financial

"Securities To Be Sold | 06/01/2026 | Cashless Option Exercise"

equity compensation financial

"06/01/2026 | Equity Compensation"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

gross proceeds financial

"159,536 | 6911466.45"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

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

What does AXT Inc.'s Form 144 on 06/01/2026 report?

It reports proposed dispositions of Common Stock via a cashless option exercise on 06/01/2026. The filing lists transaction dates, share counts, and gross proceeds for recent sales by Morris S. Young and a related trust.

Who are the sellers listed in AXT Inc.'s Form 144 (AXTI)?

The excerpt lists transactions by Morris S. Young and the Young Family Trust. Specific sale dates and share counts are provided, for example 159,536 shares sold by Morris S. Young on 03/02/2026.

What were the proceeds reported for the March 2, 2026 sale by Morris S. Young?

The filing shows Morris S. Young sold 159,536 shares on 03/02/2026 for gross proceeds of $6,911,466.45. The entry is a transaction record of proceeds received by the seller.

Does the Form 144 indicate sales will occur on an exchange?

Yes; the filing identifies NASDAQ as the market for the securities. It also names Needham and Company LLC in the securities-to-be-sold section, consistent with broker involvement.

Are the proceeds from these transactions received by AXT Inc.?

No; the listed transactions show gross proceeds tied to sales by Morris S. Young and the Young Family Trust. The filing does not indicate the issuer receives proceeds from these resale transactions.

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

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Accepted by SEC EDGAR 06/01/2026 - 04:05 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	0001078582
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	AXT INC
SEC File Number	000-24085
Address of Issuer	4281 TECHNOLOGY DR. FREMONT CALIFORNIA 94538
Phone	510.438.4734
Name of Person for Whose Account the Securities are To Be Sold	YOUNG MORRIS S
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

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	Needham and Company LLC 250 Park Avenue, 10th Floor New York NY 10017	85703	9663017.20	65423184	06/01/2026	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	06/01/2026	Cashless Option Exercise	AXT Inc.			85703	06/01/2026	Equity Compensation

* 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
Morris S Young 4281 Technology Dr. Freemont CA 94538	Common	03/02/2026	159536	6911466.45
Morris S Young 4281 Technology Dr. Freemont CA 94538	Common	03/06/2026	8300	329063.46
Morris S Young 4281 Technology Dr Freemont CA 94538	Common	03/09/2026	125893	4596655.57
Young Family Trust 4281 Technology Dr Freemont CA 94538	Common	03/10/2026	30832	1409908.37
Morris S. Young 4281 Technology Dr, Freemont CA 94538	common	03/13/2026	37905	1938018.20

144: Remarks and Signature

Remarks
Date of Notice	06/01/2026
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/Needham and Company LLC, on behalf of Morris S. Young
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)