Form 8-K · Current Report · Filed 2026-07-22
AXT, Inc. Appoints Jia-Bin Duh to Board of Directors
On July 16, 2026, AXT, Inc. expanded its Board of Directors from five to six members with the appointment of Jia-Bin Duh as a Class III Director and independent director. Mr. Duh, who brings over 30 years of senior executive leadership and investor experience in the technology and consumer sectors, particularly in Greater China, will serve on the audit, compensation, and nominating and corporate governance committees. His extensive background includes leadership roles at major multinational corporations such as Hewlett-Packard, Microsoft, and Cisco Systems. Mr. Duh's term will expire at the Company's annual meeting of stockholders in 2028. He will receive compensation under the Company's existing non-employee director compensation policy.
- Filer
- Axt, Inc. AXTI · NASDAQ
- Filed
- Accession
- 0001437749-26-024184
- CIK
- 0001051627
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$56.51
Next session
-6.3%
Since filing
+6.9%
Latest close
$60.43
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AXTI reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, AXTI insiders reported 8 Form 4 transactions — net selling of $5.2M.
About Axt, Inc.
Axt, Inc. is a leading producer of high-performance compound semiconductor substrates. These substrates, such as gallium arsenide (GaAs), enable the efficient functioning of a diverse range of electronic and optoelectronic devices. Axt, Inc. plays a crucial role in enhancing the performance of high-frequency, high-power, and optically sensitive applications. The primary use of these substrates is found in industries like telecommunications, light-emitting diodes (LEDs), and solar cells. With its production facilities located primarily in China, Axt, Inc. serves a global market, catering to technology companies that require high-quality semiconductor materials. Through its extensive research and development initiatives, the company continually innovates to meet the growing demand for substrate materials that support advanced technology products. As a significant provider in the semiconductor supply chain, Axt, Inc. contributes to the advancement of next-generation technologies, supporting sectors that are critical to modern electronics and renewable energy solutions.
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