AXT Inc Director Jesse Chen Sells 22,000 Shares in June 2026
This SEC Form 4 filing reports that Jesse Chen, a director of AXT Inc (AXTI), sold a total of 22,000 shares of common stock over two days in June 2026. On June 11, 2026, Chen sold 9,000 shares at a weighted average price of $88.5481 per share, with the actual transactions occurring at prices ranging from $87.38 to $89.50. The following day, June 12, 2026, Chen sold an additional 13,000 shares at a weighted average price of $95.7738 per share, with transactions ranging from $88.70 to $103.33. Following these sales, Chen's direct ownership in AXT Inc decreased from 78,447 shares to 56,447 shares. The filing was signed by attorney-in-fact Jeff Sensiba on June 15, 2026. These transactions represent significant insider selling activity by a company director during this period.