AXT INC (AXTI) Director Leonard LeBlanc Sells 4,000 Shares

What Happened
Leonard J. LeBlanc, a director of AXT INC (AXTI), reported the sale of 4,000 shares on August 17, 2026. The shares were disposed at $96.07 each, for a total transaction value of $384,280. The filing reports the transaction as an open-market or private sale (code S), i.e., a sale rather than a purchase.

Key Details

• Transaction date and price: Aug 17, 2026 — 4,000 shares at $96.07 per share.
• Total value: $384,280.
• Transaction type/code: Sale (S), reported as open-market or private sale.
• Filing date and timeliness: Form 4 filed Aug 19, 2026 — filed within the standard two business days (timely).
• Shares owned after transaction: Not disclosed in the provided filing summary.
• No 10b5-1 plan, tax withholding, or other footnotes were reported in the information provided.

Context
This was a sale by a company director. Sales by insiders can be routine (diversification, personal liquidity, etc.) and a single sale does not by itself indicate a change in the director’s view of the company. Retail investors should look at patterns of insider activity (multiple insiders or repeated purchases/sales) and other company fundamentals before drawing conclusions.