Notice of Proposed Sale · 144
AXT Inc
AXTINASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- AXT INC
- Issuer CIK
- 0001051627
- SEC file number
- 000-24085
- Phone
- 510.438.4734
- Person for whose account securities are to be sold
- LEBLANC LEONARD J
- Relationships to issuer
- Director
- Street
- 4281 TECHNOLOGY DR.
- City
- FREMONT
- State / country code
- CA
- Postal code
- 94538
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Class A | 2,000 | 175,020.00 | 65,423,184 | 08/07/2026 | NASDAQ | Purshe Kaplan Sterling |
Broker / market maker — proposed row 1, entry 1
- Name
- Purshe Kaplan Sterling
- Street
- 80 State Street
- City
- Albany
- State / country code
- NY
- Postal code
- 12207
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Class A | 05/15/2026 | Stock Award | AXT | 10,000 | N | 05/15/2026 | Compensation |
| Class A | 05/23/2014 | Stock Award | AXT | 10,000 | N | 05/23/2014 | Compensation |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| Leblanc Living Trust | AXT INC | 06/10/2026 | 500 | 44,705.07 |
Seller — prior-sale row 1, entry 1
- Name
- Leblanc Living Trust
- Street
- 4281 Technology Dr
- City
- Fremont
- State / country code
- CA
- Postal code
- 94538
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Notice signature
- Notice date
- 08/07/2026
- Signed
- Carmen Zamores as a duly authorized representative of National Financial Services LLC, as attorney-in-fact for LEBLANC LEONARD J
Company context
AXT is a material science company that develops and manufactures high-performance compound and single element semiconductor substrate wafers comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). The company’s substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. End markets include AI/data center connectivity, 5G infrastructure, passive optical networks, LED lighting, lasers, sensors, power amplifiers for wireless devices and satellite solar cells. AXT’s worldwide headquarters are in Fremont, California where the company maintains sales, administration and customer service functions. AXT has its Asia headquarters in Beijing, China and manufacturing facilities in three separate locations in China. In addition, as part of its supply chain strategy, the company has partial ownership in over ten companies in China producing raw materials for its manufacturing process. For more information, see AXT’s website at https://investors.axt.com.