AXT (NASDAQ: AXTI) CEO reports bona fide gifts of company shares

Rhea-AI Filing Summary

AXT Inc. CEO Morris S. Young reported two bona fide gift transfers of AXT common stock on March 2, 2026. The Form 4 shows indirect dispositions of 17,200 shares and 10,000 shares at a stated price of $0.00 per share, held through the Young Family Trust DTD. Following these gifts, indirect ownership reported for this security was 2,641,574 shares.

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^*

YOUNG MORRIS S

(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
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		G		17,200	D	$0	2,651,574	I	By Young Family Trust DTD
Common Stock	03/02/2026		G		10,000	D	$0	2,641,574	I	By Young Family Trust DTD

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	03/03/2026
	** 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 CEO Morris S. Young?

AXT reported that CEO Morris S. Young made two bona fide gift transfers of common stock on March 2, 2026. The Form 4 shows indirect dispositions of 17,200 and 10,000 shares, both recorded at a price of $0.00 per share.

How many AXT (AXTI) shares were transferred in the reported gifts?

The filing shows two separate gift transfers of AXT common stock: one for 17,200 shares and another for 10,000 shares. Both are classified as bona fide gifts, meaning there was no sale proceeds and the price per share is listed as $0.00.

What was the nature of ownership for the AXT (AXTI) shares gifted by the CEO?

The gifted AXT shares were reported as held indirectly through the Young Family Trust DTD. The Form 4 labels the ownership as indirect, with the nature of ownership specifically described as “By Young Family Trust DTD” for both transactions.

What does transaction code G mean in the AXT (AXTI) CEO’s Form 4?

Transaction code G on the CEO’s Form 4 indicates a bona fide gift of securities. In this case, both transactions are coded G and described as gift transfers of AXT common stock, with a reported price of $0.00 per share, reflecting no sale proceeds.

How many AXT (AXTI) shares did the CEO report owning after the gift transfers?

After the reported gift transfers, the Form 4 shows indirect ownership of 2,641,574 shares of AXT common stock. This figure reflects the total shares indicated as held indirectly through the Young Family Trust DTD following the last reported transaction on March 2, 2026.

Were the AXT (AXTI) CEO’s reported transactions classified as buys or sells?

The transactions were not classified as buys or sells; they were bona fide gifts. The Form 4 records them with transaction code G and describes the action as gift transfers, which are dispositions without sale proceeds rather than open-market purchases or sales.