Form 4: AXT Inc. Director Jesse Chen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Jesse Chen reports acquisition and disposal of AXT Inc. common stock on May 16, 2024.
Summary
- On May 16, 2024, Jesse Chen, a director of AXT Inc., reported changes in beneficial ownership of the company's common stock.
- Chen acquired 23,323 shares of common stock.
- Chen disposed of 0 shares of common stock at $0.
- Following the reported transactions, Chen beneficially owns 154,166 shares of AXT Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. The sentiment is neither positive nor negative without additional context.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be a signal to investors.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction involving AXT Inc. common stock. |
| 05/20/2024 | Date of signature on the report. |
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