AXT (NASDAQ: AXTI) director sells 40,000 shares across two days

Rhea-AI Filing Summary

AXT Inc. director David C. Chang reported selling common stock in two open-market transactions. On March 4, 2026, he sold 20,000 shares at an average price of $38.5319 per share. On March 5, 2026, he sold another 20,000 shares at $38.4238 per share.

These sales totaled 40,000 shares of AXT common stock. Following the March 5 transaction, Chang held 92,744 shares of AXT common stock with direct ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHANG DAVID C

(Last) (First) (Middle)

4281 TECHNOLOGY DR.

(Street)

FREMONT CA 94538

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AXT INC [ AXTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		S		20,000	D	$38.5319	112,744	D
Common Stock	03/05/2026		S		20,000	D	$38.4238	92,744	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jeff Sensiba, Attorney-in-Fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AXT (AXTI) report for David C. Chang?

AXT reported that director David C. Chang executed two open-market sales of common stock. He sold a total of 40,000 AXT shares over two days, according to a Form 4 insider filing detailing the dates, share amounts, prices, and remaining direct holdings.

How many AXT (AXTI) shares did David C. Chang sell in this Form 4?

David C. Chang sold 40,000 shares of AXT common stock in total. The Form 4 shows two separate transactions of 20,000 shares each, both classified as open-market sales of non-derivative common stock under transaction code S, with direct ownership reported.

On what dates did David C. Chang sell AXT (AXTI) shares and at what prices?

David C. Chang sold AXT shares on March 4, 2026 and March 5, 2026. He sold 20,000 shares at an average price of $38.5319 on March 4 and 20,000 shares at $38.4238 on March 5, all reported as open-market sales.

How many AXT (AXTI) shares does David C. Chang hold after these insider sales?

After the reported sales, David C. Chang directly holds 92,744 shares of AXT common stock. The Form 4 shows his total direct share count declining from 112,744 shares after the first sale to 92,744 shares following the second open-market transaction.

What type of transactions are reported in this AXT (AXTI) Form 4 filing?

The filing reports two non-derivative transactions in AXT common stock, each coded S for sale. Both are described as open-market sales or private transactions, involving 20,000 shares per trade under direct ownership, executed on consecutive days in early March 2026.