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

Director John C. Hodge acquired 450 shares of Wolfspeed, Inc. common stock as part of a non-employee director compensation program.

Summary

• On May 8, 2024, John C. Hodge, a director of Wolfspeed, Inc., acquired 450 shares of common stock.
• The acquisition was part of the Wolfspeed, Inc. Non-Employee Director Stock Compensation and Deferral Program.
• The shares were acquired at a price of $23.56 per share.
• Following the transaction, Hodge directly owns 25,136 shares of Wolfspeed common stock.
• Hodge has granted Bradley D. Kohn, Senior Vice President-Legal and Secretary of Wolfspeed, Inc., power of attorney to execute and file SEC forms on his behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. The director increasing their holdings is a mildly positive signal.

Positives

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

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 slightly positive impact on shareholders as it signals director confidence.

Key Dates