AXT INC CFO Sells $16.8 Million in Stock, Significantly Reducing Holdings
AXTI filed a Ownership and Investor Activity on elevated volume (2.0× avg).
Summary
AXT INC's CFO, Gary L. Fischer, executed a substantial open market sale of 405,233 shares for approximately $16.8 million, significantly reducing his direct ownership.
Key Events · Ownership and Investor Activity · AXTI
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CFO Sells Significant Stake
Gary L. Fischer, the Chief Financial Officer of AXT INC, sold 405,233 shares of common stock in an open market transaction.
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Substantial Proceeds Generated
The sale generated approximately $16,798,934 in proceeds for the CFO.
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Reduced Direct Holdings
This transaction significantly reduced the CFO's direct ownership in the company to 280,310 shares.
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Follows Prior Intent to Sell
This sale follows a Form 144 filed by Mr. Fischer on March 2, 2026, which indicated an intent to sell shares.
Analysis · AXTI · Manufacturing
This Form 4 filing reports a substantial open market sale by AXT INC's Chief Financial Officer, Gary L. Fischer. The sale of 405,233 shares, valued at approximately $16.8 million, represents a significant transaction for a key executive. This follows a Form 144 filing by Mr. Fischer on March 2, 2026, indicating an intent to sell shares. The execution of such a large sale by a C-suite officer can be interpreted by investors as a negative signal regarding the company's near-term prospects or a move for personal liquidity, and it significantly reduces the CFO's direct ownership in the company.
How filings like this one have moved
In the 30 days to Sep 22, 2026, 39.7% of the 335 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.40%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AXTI was trading at $41.01 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $1.13 to $47.03. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.