AXT INC (AXTI) CFO Gary L. Fischer Sells Shares

What Happened

Gary L. Fischer, Chief Financial Officer of AXT INC (AXTI), reported two open-market sales totaling 89,032 shares for aggregate proceeds of approximately $4,505,146. On 2026-03-12 he sold 8,256 shares at a weighted average price of $50.20 for $414,431; on 2026-03-13 he sold 80,776 shares at a weighted average price of $50.64 for $4,090,715. Both transactions are coded as sales (S) on the Form 4.

Key Details

• Transaction dates: 2026-03-12 (8,256 shares @ $50.20, $414,431) and 2026-03-13 (80,776 shares @ $50.64, $4,090,715). Total: 89,032 shares, ~$4.51M.
• Report filed: Form 4 filed 2026-03-16 (timely within SEC two-business-day requirement).
• Footnotes: Reported prices are weighted averages. The Mar 12 sales were executed in multiple trades at prices ranging $50.02–$50.72 (F1); the Mar 13 sales ranged $50.19–$51.38 (F2). The filing notes the issuer or reporting person can provide per-trade details on request.
• Shares owned after transaction: Not specified in the transaction details provided here — consult the full Form 4 for the reporting person’s post-transaction beneficial ownership.

Context

These were open-market sales (routine dispositions) rather than purchases or option exercises. Sales by executives are common for liquidity, diversification, or tax planning; they are factual disclosures and do not, by themselves, indicate company performance. For complete ownership and timing context, review the full SEC Form 4 (accession 0001437749-26-008379).