CHANG DAVID C 4

What Happened

David C. Chang, a director of AXT INC (AXTI), reported the sale of 20,000 shares on 2026-03-10. The transaction was reported as an open-market or private sale at $46.00 per share, with total proceeds listed as $919,918. This was a sale (insider disposition), which is typically a routine liquidity event rather than a direct signal of company prospects.

Key Details

• Transaction date: 2026-03-10
• Transaction type/code: Sale (S) — reported as open market or private sale
• Price per share: $46.00
• Shares sold: 20,000
• Reported proceeds: $919,918
• Form 4 filed: 2026-03-12 (appears timely based on the filing date)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan notes: None provided in the excerpt

Context

Sales by directors can occur for many reasons (taxes, diversification, personal liquidity) and do not necessarily indicate a change in view of the company. For retail investors, purchases often carry more informational weight than routine insider sales. For full details, including post-transaction holdings and any footnotes, consult the official Form 4 (Accession 0001437749-26-007898).