AXT Inc. CFO Gary L. Fischer filed a Form 4 on October 29, 2026, disclosing an acquisition of 8,524 shares of common stock through a restricted stock grant dated October 27, 2026.

Key Highlights

  • Reporting person: Gary L. Fischer, Chief Financial Officer of AXT Inc. (NASDAQ:AXTI)
  • Transaction date: October 27, 2026
  • Shares acquired: 8,524 shares of common stock via transaction code A (acquisition)
  • Price paid: $0, described as a grant of restricted stock under the issuer's 2025 Equity Incentive Plan
  • Post-transaction holdings: 199,802 shares of common stock held directly following the reported transaction
  • Purpose noted: The filing states the grant was "in consideration for past services rendered by the Reporting Person"

Fischer's Restricted Stock Award Under AXT's 2025 Equity Incentive Plan

According to the Form 4 filing, Gary L. Fischer, the Chief Financial Officer of AXT Inc. (NASDAQ:AXTI), received a grant of 8,524 shares of restricted common stock on October 27, 2026. The acquisition is recorded under transaction code A at a price of $0, consistent with an equity award rather than an open-market purchase. The filing identifies the grant as being made under the issuer's 2025 Equity Incentive Plan.

The filing states the transaction is "exempt under Rule 16b-3" and was granted "in consideration for past services rendered by the Reporting Person." The grant is described as subject to the terms of a restricted stock agreement, though the specific vesting schedule or conditions of that agreement are not detailed in the Form 4 itself. The form was signed by Jeff Sensiba as attorney-in-fact on October 29, 2026.

Following the reported transaction, the filing discloses that Fischer beneficially owns 199,802 shares of AXT Inc. common stock directly. No derivative securities transactions were reported in Table II of this filing.

What Was Disclosed

This Form 4 discloses a restricted stock grant of 8,524 shares of AXT Inc. common stock to CFO Gary L. Fischer on October 27, 2026, at $0 cost, under the company's 2025 Equity Incentive Plan, bringing his direct beneficial ownership to 199,802 shares.