Gary L. Fischer - 18 Feb 2026 Form 4 Insider Report for AXT INC (AXTI)

Role: CFO
Signature: /s/ Jeff Sensiba, Attorney-in-Fact
Issuer symbol: AXTI
Transactions as of: 18 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 20 Feb 2026, 17:34:49 UTC
Previous filing: 13 Nov 2025
Next filing: 02 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FISCHER GARY L	CFO	4281 TECHNOLOGY DR., FREMONT	/s/ Jeff Sensiba, Attorney-in-Fact	20 Feb 2026	0001257647

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXTI	Common Stock	Award	$0	+75,718	+21%	$0.000000	437,715	18 Feb 2026	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of at-risk, performance shares ("PSAs") under the Issuer's 2015 Equity Incentive Plan. The PSAs were originally approved to the Reporting Person on February 18, 2025 and are eligible to vest upon the achievement of certain target financial metrics for fiscal year 2025 ("FY2025"). The PSAs reported represent 97.6% of the maximum number of PSAs issuable to the Reporting Person in connection with exceeding the target financial metrics for FY2025.

Content

Represents an award of at-risk, performance shares ("PSAs") under the Issuer's 2015 Equity Incentive Plan. The PSAs were originally approved to the Reporting Person on February 18, 2025 and are eligible to vest upon the achievement of certain target financial metrics for fiscal year 2025 ("FY2025"). The PSAs reported represent 97.6% of the maximum number of PSAs issuable to the Reporting Person in connection with exceeding the target financial metrics for FY2025.