Form 4: Wolfspeed Director John C. Hodge Acquires Shares as Compensation

Director John C. Hodge acquired 1,642 shares of Wolfspeed common stock as quarterly compensation in lieu of cash.

Summary

• On February 3, 2025, John C. Hodge, a director of Wolfspeed, Inc. (WOLF), acquired 1,642 shares of common stock.
• The shares were acquired as quarterly compensation in lieu of cash under the Wolfspeed, Inc. Non-Employee Director Stock Compensation and Deferral Program.
• The price per share was $6.09.
• Following the transaction, Hodge directly owns 47,640 shares of Wolfspeed common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares as part of a compensation plan is generally viewed as a good sign, but it's not a major market-moving event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Director share acquisitions are common and often tied to compensation plans, aligning director interests with shareholder value.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates