YOUNG MORRIS S 4

What Happened
Morris S. Young, CEO and Director of AXT Inc. (AXTI), disposed of shares in three transactions reported on Form 4. On 2026-03-03 he gifted 3,780 shares (gift, $0 proceeds). He then sold 8,300 shares on 2026-03-06 for a weighted average price of $39.65 (proceeds ~$329,063) and sold 125,893 shares on 2026-03-09 for a weighted average price of $36.51 (proceeds ~$4,596,656). Total open-market sale proceeds were approximately $4,925,719. These were sales (not purchases), which are often routine insider disposals.

Key Details

• Transaction types: G = Gift (3/03/2026, 3,780 shares), S = Sale (3/06/2026, 8,300 shares; 3/09/2026, 125,893 shares).
• Reported weighted-average prices:
  • 3/06/2026: $39.65 (range per footnote F1: $39.10–$39.85).
  • 3/09/2026: $36.51 (range per footnote F2: $35.00–$38.81).
• Total proceeds from open-market sales: ~$4.93 million; gift reported at $0.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing date: 2026-03-10 (Form 4 accession 0001437749-26-007604); the filing does not indicate any late-filing flag.
• Footnotes F1/F2 note that the reported prices are weighted averages and that the seller can provide the per-transaction breakdown upon request.

Context

• Gifts are transfers for reasons other than a sale and do not necessarily reflect the insider’s view of the company’s prospects.
• These sales were open-market trades (not option exercises or awards). The weighted-average pricing footnotes indicate multiple individual trades executed across price ranges.
• For retail investors, purchases by insiders are often more informative of confidence in the stock; routine sales (including gifts) are common and can be for diversification, tax, or personal reasons—filings alone do not reveal motive.