Emerson David Todd 4
4 · WOLFSPEED, INC. · Filed Oct 1, 2025
Insider Transaction Report
Form 4
WOLFSPEED, INC.WOLF
Emerson David Todd
Chief Operating Officer
Transactions
- Other
COMMON STOCK
2025-09-29−21,300→ 0 total - Other
COMMON STOCK
2025-09-29+178→ 178 total
Footnotes (2)
- [F1]On June 30, 2025, the Issuer and a wholly owned subsidiary filed voluntary petitions commencing cases (the Chapter 11 Cases) under Chapter 11 of Title 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the Court) to implement a prepackaged chapter 11 plan of reorganization (the Plan). On September 8, 2025, the Court entered an order confirming the Plan. On September 29, 2025 (the Effective Date), the Plan became effective pursuant to its terms and the Issuer emerged from bankruptcy. On the Effective Date, all of the outstanding shares of common stock of the Issuer (the Old Common Stock) were cancelled pursuant to the Plan.
- [F2]Pursuant to the terms of the Plan, on the Effective Date holders of the Old Common Stock received their pro rata share of the Issuers new common stock (the New Common Stock) representing, in the aggregate, approximately five percent of the shares of the reorganized Issuer (subject to dilution by the other issuances contemplated in the Plan). The receipt of the New Common Stock in exchange for Old Common Stock was involuntary, without consideration, and in accordance with the Plan approved by the Court.