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AXT INC

For the period ended May 15, 2025. Filed Apr 3, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 15, 2025 · Filed Apr 3, 2025

AXTI$38.88+5.9%Stored close · as of Nov 6, 2026
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Contents

Summary Compensation Table

The following table sets forth information concerning the compensation earned during the fiscal years ended December 31, 2024, 2023 and 2023, by our current Chief Executive Officer and our Chief Financial Officer (together, the “Named Executive Officers”):

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​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Non-Equity · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Incentive · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Cash · ​ · Stock · ​ · Option · ​ · Plan · ​ · All Other · ​ · ​ · ​
​ · ​ · ​ · ​ · Salary · ​ · Bonus · ​ · Awards · ​ · Awards · ​ · Compensation · ​ · Compensation · ​ · Total
Name and Principal Position​Year​($)​($)​($)(1)​($)(1)​($)(2)​($)​($)
​​​​​​​​​​​​​​​​​​​​​​​
Morris S. Young​2024​$479,000​$—​$404,029​$—​$—​$37,812(3) ​$920,841​
Chief Executive Officer​2023​$479,000​$—​$221,354​$—​$—​$37,812(4) ​$738,166​
​2022​$479,000​$—​$514,257​$—​$385,000​$37,812(5) ​$1,416,069​
​​​​​​​​​​​​​​​​​​​​​​​​​
Gary L. Fischer​2024​$354,000​$—​$166,538​$—​$—​$24,862(6) ​$545,400​
Chief Financial Officer​2023​$354,000​$—​$76,824​$—​$—​$24,862(7) ​$455,686​
​​2022​$354,000​$—​$178,480​$—​$171,000​$24,861(8) ​$728,341​
(1)Valuation based on the dollar amount recognized for financial statement reporting purposes pursuant to ASC Topic 718, Stock Compensation (“ASC 718”). Amounts shown do not reflect compensation actually received by the Named Executive Officer. Instead, the amounts shown are the value of stock awards calculated based on the grant date fair value as determined pursuant to ASC 718.
(2)Amounts consist of bonuses earned for services rendered in fiscal years 2022 to 2024. Performance‑based bonuses are generally paid under our Executive Incentive Plan and reported as Non-Equity Incentive Plan Compensation.
(3)Includes our matching contribution of $19,160 under the tax-qualified 401(k) Plan and our payment on behalf of Dr. Young of $18,652 in term life insurance premiums.
(4)Includes our matching contribution of $19,160 under the tax-qualified 401(k) Plan and our payment on behalf of Dr. Young of $18,652 in term life insurance premiums.
(5)Includes our matching contribution of $19,160 under the tax-qualified 401(k) Plan and our payment on behalf of Dr. Young of $18,652 in term life insurance premiums.
(6)Includes our matching contribution of $14,160 under the tax-qualified 401(k) Plan, and our payment on behalf of Mr. Fischer of $10,702 in term life insurance premiums.
(7)Includes our matching contribution of $14,160 under the tax-qualified 401(k) Plan, and our payment on behalf of Mr. Fischer of $10,702 in term life insurance premiums.
(8)Includes our matching contribution of $14,160 under the tax-qualified 401(k) Plan, and our payment on behalf of Mr. Fischer of $10,701 in term life insurance premiums.
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.