AXT INC (AXTI) CEO Morris S. Young Sells 30,832 Shares

What Happened
Morris S. Young, CEO and Director of AXT INC (AXTI), sold 30,832 shares in open-market transactions on March 10, 2026 for a weighted average price of $45.60 per share, for aggregate proceeds of $1,405,908. The sale was reported on a Form 4 filed March 12, 2026.

Key Details

• Transaction type: Sale (open market) — Form 4 code S
• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (no late filing indicated)
• Price reported: weighted average $45.60; individual trades ranged from $44.52 to $46.63 (per footnote)
• Shares sold: 30,832; total proceeds: $1,405,908
• Shares owned after the transaction: not reported in the excerpt provided
• Footnote: Reporting person states the $45.60 is a weighted average and that sale details by individual trade will be provided upon SEC/issuer/security-holder request
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation included in the provided details

Context
This was a sale by the company’s CEO. Sales are common and do not necessarily indicate company prospects; purchases are generally more informative about insider sentiment. The filing indicates multiple open-market trades (hence the weighted average price) rather than a single block sale.