CHEN JESSE 4
4 · AXT INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
AXT INC (AXTI) Director Jesse Chen Sells Shares
What Happened Jesse Chen, a director of AXT Inc. (AXTI), sold a total of 29,000 shares in two open-market transactions: 14,000 shares on 2026-03-10 at a weighted average price of $46.15 (proceeds ~$646,106) and 15,000 shares on 2026-03-11 at a weighted average price of $47.13 (proceeds ~$706,941). Total proceeds were approximately $1,353,047. These were outright sales (dispositions), not purchases or option exercises.
Key Details
- Transaction dates and prices:
- 2026-03-10: 14,000 shares sold @ weighted avg $46.15 (prices ranged $45.60–$46.63). (Footnote F1)
- 2026-03-11: 15,000 shares sold @ weighted avg $47.13 (prices ranged $46.83–$47.68). (Footnote F2)
- Total shares sold: 29,000; total proceeds: ≈ $1.35 million.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Report filed 2026-03-12 for transactions on 2026-03-10 and 2026-03-11 — appears to be filed within the standard two-business-day window (timely).
- Footnotes: Both sales reported as weighted average prices with per-trade ranges; the filer will provide full per-transaction details upon SEC/issuer/securityholder request.
Context
- These transactions are sales (dispositions). Sales by insiders can be routine (e.g., diversification or liquidity) and do not by themselves prove a change in insider sentiment. No option exercises, awards, or gifts are reported in this filing.
Insider Transaction Report
Form 4
AXT INCAXTI
CHEN JESSE
Director
Transactions
- Sale
Common Stock
[F1]2026-03-10$46.15/sh−14,000$646,106→ 138,612 total - Sale
Common Stock
[F2]2026-03-11$47.13/sh−15,000$706,941→ 123,612 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.60 to $46.63,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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.83 to $47.68,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.
Signature
/s/ Jeff Sensiba, Attorney-in-Fact|2026-03-12