CEO Morris S Young sold 197,498 shares for $22,312,925.65 across 2 trades (2026-06-01/02) at $112.39–$113.33; retains 2,149,533 shares plus 945,898 derivative holdings.
Morris S Young, CEO of AXT INC (AXTI), executed 2 separate sales totaling 197,498 shares for $22,312,925.65 on June 1–2, 2026, at prices of $112.39 and $113.33—significantly above the current price of $106.70 and well above the 52-week low of $1.45. His non-derivative holdings decreased from 2,347,031 shares to 2,149,533 shares, a reduction of 8.4%. The transaction occurred while the company faces fundamental headwinds: it reported negative net income of $-1,620,000.00 in its latest quarter, annual revenue declined 11.1% year-over-year, and it was unprofitable over its most recent full fiscal year. His prior 5 sales at AXTI (March 2026) each showed positive 90-day returns, with a 0.00% well-timed rate at the 90-day mark. The CEO retains 945,898 derivative shares (stock option holdings), indicating continued equity exposure beyond his non-derivative position.