Research Summary
AI-generated summary of this SEC filing
WOLFSPEED COO Emerson Todd Gifts 718 Shares
What Happened
Emerson David Todd, Chief Operating Officer of WOLFSPEED, reported a disposition by gift of 718 shares of Wolfspeed common stock on August 31, 2026. The filing shows a transaction price of $0.00 and reported proceeds of $0. The Form 4 notes the transfer was a bona fide gift to a family member and that no consideration was received.
Key Details
- Transaction date: 2026-08-31; Transaction code: G (gift); Price: $0.00; Shares transferred: 718; Reported proceeds: $0.
- Filing: Form 4 filed with the SEC on 2026-09-01 (reporting the 2026-08-31 transfer). The filing does not indicate a late report.
- Shares owned after transaction: not specified in the filing.
- Remark in filing: transfer described as a bona fide gift to a family member; no payment was received.
Context
A "G" gift is a disposition of shares but does not involve cash proceeds and does not, by itself, indicate the insider's view of the company. Such transfers are often for personal or family reasons; they are routinely reported on Form 4 so investors can track changes in insider ownership.