Form 4: AXT CEO Sells 33,130 Shares Under 10b5-1 Plan

AXT Inc.'s CEO, Morris S. Young, sold 33,130 shares of common stock at a weighted average price of $10.395 per share, executed under a Rule 10b5-1 trading plan.

Summary

• Morris S. Young, CEO of AXT Inc., disposed of 33,130 shares of AXT Inc. common stock.
• The transaction occurred on November 17, 2025.
• The shares were sold at a weighted average price of $10.395, with individual sales ranging from $10.15 to $10.81 per share.
• Following this transaction, Mr. Young directly beneficially owns 2,476,360 shares of AXT Inc. common stock.
• The sale was executed pursuant to a Rule 10b5-1(c) trading plan.

Sentiment

Score: 4

Explanation: The sale of shares by the CEO, while executed under a pre-planned 10b5-1 arrangement, is generally perceived as a negative signal by the market. However, the CEO retains a substantial holding, and the pre-planned nature reduces the immediate negative impact.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not based on immediate, non-public information.

Negatives

• A significant sale of 33,130 shares by the CEO could be perceived negatively by investors, potentially signaling a desire to diversify holdings or a lack of confidence.

Future Outlook

NA

Management Comments

• The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.15 to $10.81, 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.

Industry Context

NA

Stakeholder Impact

• Shareholders: May view the CEO's sale as a negative signal, potentially impacting investor sentiment and stock price.

Key Dates

Recommendation

While the CEO's sale of shares is a negative signal, it was conducted under a pre-arranged 10b5-1 plan, which mitigates the immediate concern of opportunistic selling. The CEO still retains a substantial stake in the company. Investors should monitor future filings and company performance for more comprehensive insights before making a definitive buy or sell decision.

Keywords

AXT Inc, AXTI, Morris S. Young, CEO, Insider Sale, Form 4, Stock Transaction, 10b5-1 Plan, Common Stock