CHEN JESSE 4

What Happened
Jesse Chen, a director of AXT Inc (AXTI), disposed of a total of 14,452 shares in open‑market sales. On 2026-03-06 he sold 2,000 shares at $36.63 each for $73,260, and on 2026-03-09 he sold 12,452 shares at a reported weighted average price of $37.69 for $469,335, bringing the combined proceeds to $542,595. These were outright sales (not purchases or option exercises) and are typically viewed as routine dispositions rather than a direct signal of company prospects.

Key Details

• Transaction dates and prices:
  • 2026-03-06: Sale of 2,000 shares @ $36.63 = $73,260
  • 2026-03-09: Sale of 12,452 shares @ weighted avg $37.69 = $469,335
• Total shares sold: 14,452; total proceeds: $542,595.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The 3/9 sale price is a weighted average; underlying trades on that day ranged from $37.29 to $38.30. The filer says full per‑trade details will be provided upon SEC, issuer, or shareholder request.
• Timeliness: Form 4 was filed on 2026-03-10; the filing shows no indication of a late report.

Context
Sales by directors can be for many reasons (diversification, liquidity, tax planning) and do not by themselves indicate insider belief about the company’s future. No 10b5‑1 trading plan, gift, or option exercise was disclosed in this filing. Retail investors should consider this info alongside broader insider activity and company fundamentals.