AXT Inc CEO Morris Young Exercises Options & Sells Shares

AXT Inc CEO Morris S. Young executed significant stock option exercises and share sales on June 1-2, 2026. He exercised 73,897 stock options at $5.21 per share and immediately sold the same number of shares at a weighted average price of $112.3907. The following day, he exercised an additional 11,806 options at $5.21 and sold 123,601 shares at $113.3291. The options were originally granted on October 28, 2016 and became exercisable on October 28, 2017, with all shares fully vested. Following these transactions, Young's direct holdings decreased from 2,335,225 to 2,149,533 common shares, while his remaining stock option holdings decreased from 478,852 to 467,046. The sales represent cashless exercises with same-day sales, allowing Young to capture significant gains between the exercise price and market prices ranging from $107.70 to $121.48.