Welcome to our dedicated page for AXT SEC filings (Ticker: AXTI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
AXT, Inc. filings document the regulatory disclosures of a Nasdaq-listed manufacturer of compound semiconductor substrate wafers. Recent Form 8-K reports cover results of operations and financial condition, Regulation FD information, exhibit filings for earnings releases, and capital-structure disclosures involving its common stock.
The filing record also includes material definitive agreement disclosure for an underwriting agreement, exchange-registration information for AXTI common stock, and definitive proxy materials addressing shareholder voting matters, board and committee governance, director independence, and executive compensation.
AXT, Inc. filed a Form S-3 shelf registration to permit the sale, from time to time, of common stock, warrants and units. The prospectus describes general terms and states that specific amounts, prices and net proceeds will be set in prospectus supplements. The company notes all manufacturing occurs in the People’s Republic of China through PRC subsidiaries and joint ventures and discloses supply‑chain, dividend and PRC regulatory risk information.
AXT, Inc. is asking stockholders to approve several key items at its May 14, 2026 annual meeting, including electing two Class I directors, an advisory vote on executive pay, ratifying BPM LLP as auditor, and an amendment to increase authorized common stock from 70,000,000 to 120,000,000 shares.
Holders of 55,578,599 shares of common stock as of March 20, 2026 can vote in person or by proxy, with most materials delivered online to reduce costs. The board, led by CEO and Chair Dr. Morris Young and lead independent director Jesse Chen, highlights its independent committees, performance‑linked cash bonuses and performance‑based restricted stock awards, and recommends voting FOR all proposals, including the adjournment authority if more time is needed to secure approval of the share increase.
AXT, Inc. is soliciting proxies for its annual meeting of stockholders to be held on May 14, 2026 at its Fremont, California offices. Registered holders of common stock as of March 20, 2026 (55,578,599 shares outstanding) may vote.
Agenda items include election of two Class I directors, an advisory say-on-pay vote, ratification of BPM LLP as auditor, and a proposal to amend the Restated Certificate of Incorporation to increase authorized common shares from 70,000,000 to 120,000,000 in substantially the form attached as Appendix A. The Board recommends a vote FOR all proposals.
AXT, Inc. is a materials science company that manufactures high‑performance semiconductor substrates—indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge)—entirely in China through subsidiaries and joint ventures. These wafers serve data centers, 5G infrastructure, fiber optics, LEDs, lasers and solar cells, with InP closely tied to AI‑driven high‑speed data transmission.
The company runs a vertically integrated supply chain for key raw materials like high‑purity gallium, arsenic, germanium and pBN crucibles, giving cost and sourcing advantages. Substrates provided 67% of 2025 revenue, with raw materials at 33%. International sales dominate: 98% of 2025 revenue came from outside North America.
AXT highlights significant geopolitical and regulatory exposure. All wafers are made in China, and exports face evolving Chinese permit regimes and U.S.–China trade frictions. U.S. tariffs on its wafer imports rose to 70% in 2025, contributing to North America revenue falling from 8% of total in 2024 to about 2% in 2025. A February 2026 U.S. Supreme Court decision invalidated many IEEPA‑based tariffs, though key Section 232 and 301 tariffs remain. The company also depends on Chinese approvals for Tongmei’s planned STAR Market IPO, where investors hold a 7.28% redeemable noncontrolling interest of about $49 million.
AXT Inc. director Jesse Chen reported selling AXT common stock in two open-market transactions. On March 12, 2026, he sold 6,003 shares at a weighted-average price of $48.9541 per share, leaving 117,609 shares held directly after that trade.
On March 13, 2026, he sold an additional 8,083 shares at a weighted-average price of $50.2497 per share, resulting in 109,526 shares of AXT common stock held directly following the transactions. The filing notes both prices are weighted averages across multiple trades within disclosed price ranges.
AXT Inc. CEO Morris S. Young reported an indirect sale of 37,905 shares of AXT common stock on March 13, 2026, executed by the Young Family Trust DTD. The open-market sale occurred at a weighted average price of $51.1283 per share, with individual trades ranging from $50.87 to $51.45. Following the transaction, the reported indirect holdings stood at 2,275,328 shares of common stock.
AXT Inc.'s CFO, Gary L. Fischer, reported open-market sales of company stock. He sold 80,776 shares of common stock on March 13, 2026 at a weighted average price of $50.6427 per share and 8,256 shares on March 12, 2026 at a weighted average price of $50.1975 per share. The prices on each day reflected multiple trades within stated ranges. After these transactions, Fischer directly held 191,278 shares of AXT common stock.
AXT Inc. submitted Form 144 relating to proposed sales of Common stock and disclosed recent dispositions by related holders. The filing lists multiple open-market sales over the past three months by Morris S. Young and the Young Family Trust, including sales of 159,536 shares on 03/02/2026 and 30,832 shares on 03/10/2026.
The entries show transaction dates, share counts, and gross proceeds for each sale; no offering terms or registration amounts are stated in the excerpt.
AXT Inc. director and CEO Morris S. Young reported an open-market sale of 30,832 shares of Common Stock on March 10, 2026. The sale was effected indirectly through the Young Family Trust DTD at a weighted average price of $45.599 per share.
According to the filing, the shares were sold in multiple transactions at prices ranging from $44.52 to $46.63. After this transaction, the trust’s indirect holdings shown in the filing total 2,313,233 shares of AXT Inc. common stock.
AXT Inc director David C. Chang sold 20,000 shares of common stock in an open-market transaction. The sale occurred on March 10, 2026 at an average price of $45.9959 per share. After this transaction, he directly holds 72,744 AXT Inc shares.