Wolfspeed COO Emerson Todd Surrenders 3,299 Shares for Taxes

What Happened
Emerson David Todd, Chief Operating Officer of Wolfspeed (WOLF), disposed of 3,299 shares on July 15, 2026, at an effective price of $35.10 per share, totaling $115,795. The shares were surrendered back to the company to satisfy tax withholding obligations related to stock awards that vested that day. This was a routine sell-to-cover/tax-withholding action rather than an open-market sale indicating a change in investment stance.

Key Details

• Transaction date: 2026-07-15; filing date: 2026-07-16 (timely filing).
• Price and amount: 3,299 shares at $35.10 per share; total value ≈ $115,795.
• Transaction code: F (disposition to satisfy tax withholding).
• Footnote: Shares were returned to the company to satisfy withholding obligations for awards vesting July 15, 2026.
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication this is a 10% owner transaction or part of a 10b5-1 plan.

Context
Tax-withholding dispositions (surrender or sell-to-cover) are common when restricted stock or other equity awards vest; they are administrative and do not necessarily reflect the insider’s view of the company’s prospects. Purchases or open-market sales can be more indicative of sentiment than routine withholdings.