---
schema_version: "secwatch.filing_event.v1"
accession: "0000895419-23-000134"
form_type: "8-K"
ticker: "WOLF"
cik: "0000895419"
company_name: "WOLFSPEED, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:30:34.444898+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed FY2024 Bonus Plan approved: CEO target 140% of base salary, CFO target 100%

## Summary
- Compensation Committee approved FY2024 Bonus Plan on Oct 31, 2023.
- CEO Gregg Lowe target award: 140% of base salary; CFO Neill Reynolds: 100% of base salary.
- Bonus based on revenue (30%), non-GAAP gross margin (30%), adjusted EBITDA (30%), ESG (10%).
- Payout range 0-200% of target; cash bonus determined by performance against pre-set goals.

## SEC filing metadata
- accession: 0000895419-23-000134
- form_type: 8-K
- ticker: WOLF
- cik: 0000895419
- company_name: WOLFSPEED, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895419/000089541923000134/0000895419-23-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895419/000089541923000134/wolfspeed-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-23-000134
- JSON: https://secwatch.observer/filing/0000895419-23-000134.json
- Plain text: https://secwatch.observer/filing/0000895419-23-000134.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
