CHEN JESSE 4
4 · AXT INC · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
AXT INC (AXTI) Director Jesse Chen Sells 16,500 Shares
What Happened
Jesse Chen, a director of AXT INC (AXTI), sold a total of 16,500 shares in three open-market transactions between June 8 and June 10, 2026, for aggregate proceeds of about $1,484,537. The individual transactions reported were: 6,000 shares on 2026-06-08 at a weighted avg. price of $94.00 (proceeds $564,007); 1,500 shares on 2026-06-09 at $93.30 (proceeds $139,950); and 9,000 shares on 2026-06-10 at a weighted avg. price of $86.73 (proceeds $780,580). These are sales (code S), which are often routine disposition of holdings rather than a buy signal.
Key Details
- Transaction dates and prices:
- 2026-06-08: 6,000 shares @ $94.00 (weighted avg.), proceeds $564,007. (Footnote F1: shares sold across prices $91.12–$95.88.)
- 2026-06-09: 1,500 shares @ $93.30, proceeds $139,950.
- 2026-06-10: 9,000 shares @ $86.73 (weighted avg.), proceeds $780,580. (Footnote F2: shares sold across prices $83.00–$90.00.)
- Total sold: 16,500 shares for ~$1,484,537.
- Shares owned after transaction: not stated in the filing.
- Filing: Form 4 filed June 10, 2026, reporting trades from June 8–10; this filing appears timely (Form 4 is generally due within two business days).
- No 10b5-1 plan, option exercise, gift, or tax-withholding clause is referenced in the disclosed footnotes; detailed per-trade price breakdowns are available upon SEC or issuer request per the footnotes.
Context
Sales by officers or directors can be routine (diversification, cash needs, planned sales) and do not necessarily indicate a change in company outlook. This filing documents only sales; there were no purchases, option exercises, or awards disclosed in this report.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-08$94.00/sh−6,000$564,007→ 88,947 total - Sale
Common Stock
2026-06-09$93.30/sh−1,500$139,950→ 87,447 total - Sale
Common Stock
[F2]2026-06-10$86.73/sh−9,000$780,580→ 78,447 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 $91.12 to $95.88,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 $83.00 to $90.00,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.