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Tech — Hardware

AXT Executive Compensation (FY25)

AXTI · Fremont, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Morris Young
Latest say-on-pay support
=
June 4, 2026
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Data as of October 18, 2026Latest filing (8-K): June 9, 2026
15 filings cited on this page
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161 figures on this page: 150 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Morris Young: $920,841 → $1,673,404 (81.7% higher)
Say-on-pay support: 96.2% → 97.8% (1.6 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is AXT's chief executive and what were they paid?
Morris Young, Chief Executive Officer, received $1,673,404 in total compensation for fiscal 2025. Compared with the $920,841 reported for fiscal 2024, Young's total was 81.7% higher.
What was AXT's say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.8% of votes cast for or against in favor at the meeting held June 4, 2026 for fiscal 2025.
Which companies are in AXT's peer group?
The disclosed peer group includes Alpha & Omega Semiconductor Limited, Amtech Systems, Applied Optoelectronics, Inc., Backblaze and CEVA, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Morris Young
Chief Executive Officer
◇—◇—◇—◇◇
Gary Fischer
Chief Financial Officer and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Morris Young
Chief Executive Officer
◇—◇———◇◇
Gary Fischer
Chief Financial Officer and Corporate Secretary
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Morris Young
Chief Executive Officer
◇—◇———◇◇
Gary Fischer
Chief Financial Officer and Corporate Secretary
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Morris Young
Chief Executive Officer
◇—◇—◇—◇◇
Gary Fischer
Vice President, Chief Financial Officer and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Gary L. FischerOPTION◇——◇—◇◇
Gary L. FischerOPTION◇——◇—◇◇
Morris S. YoungOPTION◇——◇—◇◇
Morris S. YoungOPTION◇——◇—◇◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Morris YoungRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Gary FischerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Gary Fischer
Vice President, Chief Financial Officer and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Non-compete period◇
Morris Young
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jesse Chen
Lead independent director
◇◇————◇
David C. Chang
◇◇————◇
Leonard LeBlanc
—◇————◇
Morris S. Young served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock Awards.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alpha & Omega Semiconductor Limited AOSL
  • Amtech Systems ASYS
  • Applied Optoelectronics, Inc. AAOI
  • Backblaze BLZE
  • CEVA, Inc. CEVA
  • FARO Technologies FARO
  • GSI Technology GSIT
  • Inseego INSG
  • Kopin KOPN
  • KVH Industries KVHI
  • Mitek Systems MITK
  • Pixelworks PXLW
  • Quantum QMCO
  • SmartRent SMRT
  • Vishay Precision Group VPG

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 19, 2022=◇◇◇
2020May 20, 2021=◇◇◇
2019May 21, 2020=◇◇◇
2018May 23, 2019=◇◇◇
2017May 24, 2018=◇◇◇
2016May 25, 2017=◇◇◇
2015May 26, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Morris Young (Chief Executive Officer), FY2025 total compensation $1,673,404 (base salary $479,000) [exec_comp, SEC accession 0001437749-26-010661, filed 2026-03-31]

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What this page does not include

Everything above is a fact AXT disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where AXT sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
161 figures on this page: 150 cited to the filing that reported them, 11 calculated from figures it prints.
150 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001437749-26-020004
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001437749-26-010661
    Compensation Discussion and Analysis · Compensation of Directors · EXECUTIVE COMPENSATION AND RELATED INFORMATION & · OUTSTANDING EQUITY AWARDS AS OF DECEMBER 31, 2025 · and 1 more section
  3. 0001558370-25-007952
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001558370-25-004393
    Summary Compensation Table
  5. 0001558370-24-008474
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001558370-24-004782
    Summary Compensation Table
  7. 0001558370-23-010304
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001558370-23-005621
    Summary Compensation Table
  9. 0001558370-22-009303
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001558370-21-007749
  11. 0001558370-20-006924
  12. 0001558370-19-005309
  13. 0001558370-18-004971
  14. 0001558370-17-004535
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001558370-16-006203
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Velarion, “AXT executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AXTI (accessed 2026).
Short form: data: Velarion

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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers AXT discloses

The companies named in AXTI's own disclosed peer group.

Alpha & Omega Semiconductor LimitedAmtech SystemsApplied Optoelectronics, Inc.BackblazeCEVA, Inc.FARO TechnologiesGSI TechnologyInseegoKopinKVH IndustriesMitek SystemsPixelworksQuantumSmartRentVishay Precision Group

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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