AXT INC — Director's Dealing 2006

Feb 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2006-02-21

Reporting Person: YOUNG MORRIS S (Director, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-21	Common Stock	S	137600	$2.65	Disposed	1521171	Direct
2006-02-21	Common Stock	S	1600	$2.66	Disposed	1519571	Direct
2006-02-21	Common Stock	S	3550	$2.67	Disposed	1516021	Direct
2006-02-21	Common Stock	S	4350	$2.68	Disposed	1511671	Direct
2006-02-21	Common Stock	S	2900	$2.69	Disposed	1508771	Direct