AXT INC — Director's Dealing 2025

Nov 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2025-11-14

Reporting Person: YOUNG MORRIS S (CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-14	Common Stock	M	70000	$5.21	Acquired	2509490	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-14	Stock Option (Right to Buy)	$5.21	M	70000	Disposed	2026-10-28	Common Stock (70000)	Direct

Footnotes

F1: Exercise of restricted stock awards which were originally granted on 10/28/2016 and became first exercisable on 10/28/2017.

F2: Exercise of restricted stock awards which were originally granted on 10/28/2016 and became first exercisable on 10/28/2017.