{"schema_version":"secwatch.filing_event.v1","accession":"0000895419-25-000076","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2025-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.708300+00:00","generated_at":"2026-05-20T16:50:38.216474+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wolfspeed appoints COO, targets EBITDA break-even at $800M revenue, enters grace period on interest payment","bullets":["David Emerson appointed EVP/COO effective no later than June 30, 2025; base salary $500K with $2M in equity grants.","Targets adjusted EBITDA break-even at $800M annualized revenue and positive unlevered OCF of ~$200M in FY2026.","Targeting positive levered free cash flow in FY2027; ongoing constructive discussions with lenders.","Elected to enter 30-day grace period for interest payment due June 2, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000895419-25-000076","json":"https://secwatch.observer/filing/0000895419-25-000076.json","markdown":"https://secwatch.observer/filing/0000895419-25-000076.md","text":"https://secwatch.observer/filing/0000895419-25-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000089541925000076/0000895419-25-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000089541925000076/wolfspeed-20250522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T16:50:38.216474+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad09ead3fa","claim":"David Emerson was appointed as Executive Vice President and Chief Operating Officer at WOLFSPEED, INC..","evidence_excerpt":"appointed David Emerson, Ph.D., to serve as the Company’s Executive Vice President (“EVP”) and Chief Operating Officer (“COO”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/895419/000089541925000076/0000895419-25-000076-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}