AXT Inc (AXTI) director Jesse Chen sells 14,452 shares

Rhea-AI Filing Summary

AXT Inc director Jesse Chen reported open-market sales of company common stock. On March 9, 2026, Chen sold 12,452 shares at a weighted average price of $37.6915 per share. On March 6, 2026, he sold 2,000 shares at $36.63 per share.

After these transactions, Chen directly holds 152,612 shares of AXT common stock. The filing notes that the larger sale on March 9 was executed through multiple trades at prices ranging from $37.29 to $38.30, and detailed trade breakdowns are available on request.

Insights

Equity markets analyst

Director’s sales are modest relative to remaining holdings.

Director Jesse Chen sold a total of 14,452 shares of AXT Inc common stock in open-market transactions at prices around the high‑$30 range. These are straightforward sales with no associated option exercises or derivative activity reported.

Following the transactions, Chen still directly owns 152,612 shares, indicating he retains a meaningful equity position. The weighted-average pricing and trade range disclosure reflect standard transparency; there is no mention of a pre-arranged trading plan in the excerpt.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

CHEN JESSE

(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)
03/06/2026

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	03/06/2026		S		2,000	D	$36.63	165,064	D
Common Stock	03/09/2026		S		12,452	D	$37.6915(1)	152,612	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:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.29 to $38.30,inclusive. Upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate transaction.

	/s/ Jeff Sensiba, Attorney-in-Fact	03/10/2026
	** 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

How many AXT Inc (AXTI) shares did director Jesse Chen sell?

Director Jesse Chen sold a total of 14,452 AXT Inc shares. This includes 12,452 shares on March 9, 2026, at a weighted average price of $37.6915 and 2,000 shares on March 6, 2026, at $36.63 per share.

At what prices did Jesse Chen’s recent AXT Inc (AXTI) share sales occur?

Chen sold 2,000 shares at $36.63 on March 6, 2026. On March 9, 2026, he sold 12,452 shares at a weighted average price of $37.6915, with individual trades ranging from $37.29 to $38.30 per share.

How many AXT Inc (AXTI) shares does Jesse Chen hold after these transactions?

After the reported sales, Jesse Chen directly holds 152,612 shares of AXT Inc common stock. This post-transaction balance reflects his remaining direct ownership stake as disclosed in the Form 4, following the two open-market sale transactions in March 2026.

What type of transactions did Jesse Chen execute in AXT Inc (AXTI) stock?

Chen executed open-market sales of AXT Inc common stock. Both transactions are coded as “S” for sale and described as sales in open market or private transactions, with no derivative exercises, tax withholdings, or gifts reported in this filing excerpt.

Was the March 9, 2026 AXT Inc (AXTI) sale by Jesse Chen a single trade?

The March 9, 2026 sale was not a single trade. The Form 4 states the $37.6915 price is a weighted average, covering multiple transactions with prices ranging between $37.29 and $38.30 per share, and detailed trade data is available upon request.