CHEN JESSE 4
4 · AXT INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
AXT Inc (AXTI) Director Jesse Chen Sells 14,452 Shares
What Happened
Jesse Chen, a director of AXT Inc (AXTI), disposed of a total of 14,452 shares in open‑market sales. On 2026-03-06 he sold 2,000 shares at $36.63 each for $73,260, and on 2026-03-09 he sold 12,452 shares at a reported weighted average price of $37.69 for $469,335, bringing the combined proceeds to $542,595. These were outright sales (not purchases or option exercises) and are typically viewed as routine dispositions rather than a direct signal of company prospects.
Key Details
- Transaction dates and prices:
- 2026-03-06: Sale of 2,000 shares @ $36.63 = $73,260
- 2026-03-09: Sale of 12,452 shares @ weighted avg $37.69 = $469,335
- Total shares sold: 14,452; total proceeds: $542,595.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The 3/9 sale price is a weighted average; underlying trades on that day ranged from $37.29 to $38.30. The filer says full per‑trade details will be provided upon SEC, issuer, or shareholder request.
- Timeliness: Form 4 was filed on 2026-03-10; the filing shows no indication of a late report.
Context
Sales by directors can be for many reasons (diversification, liquidity, tax planning) and do not by themselves indicate insider belief about the company’s future. No 10b5‑1 trading plan, gift, or option exercise was disclosed in this filing. Retail investors should consider this info alongside broader insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock
2026-03-06$36.63/sh−2,000$73,260→ 165,064 total - Sale
Common Stock
[F1]2026-03-09$37.69/sh−12,452$469,335→ 152,612 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.29 to $38.30,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.