Axt (AXTI) executive compensation, 2026 proxy

Morris S. Young, Chief Executive Officer, was paid $1.7M in fiscal 2025, up 58% from $1.1M the year before. The CEO-to-median-employee pay ratio was 97:1, on median employee pay of $9,540.

Filed
March 31, 2026
Annual meeting
May 14, 2026
Pay year
fiscal 2025
Named executives
2
CEO total pay
$1.7M+58% vs prior year
CEO to median employee
97:1median $9,540
CEO pay in equity
59%$983,482 in awards
Prior say-on-pay support
88%of votes cast
Secondary Offering Proceeds
$100MRaised in late December
Operating Expense Reduction
$5.4M14% decrease over 2024
Second Half Revenue Growth
27%Compared to first half of 2025
Capital Expenditures
$6MHeld flat year on year

How Young was paid

$1.7M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary29%Stock awards59%Non-equity incentive10%All other compensation2%

Named executive officers

ExecutiveTotal
Morris S. YoungChief Executive Officer$1,673,404
Gary L. FischerChief Financial Officer$839,526

What changed and why

  • 8.1%Chief executive officer salary was increased by 8.1% effective November 1, 2025.
  • 8.8%Chief financial officer salary was increased by 8.8% effective November 1, 2025.
  • At-risk equity shares for 2025 were earned because the financial metric relating to annual revenue was exceeded.
  • First quarter cash bonuses were converted to restricted stock awards.
  • Discretionary portion of the named executive officer bonus was reduced or eliminated because the company was not profitable.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.