---
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"
generated_at: "2026-05-20T16:50:38.216474+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed appoints COO, targets EBITDA break-even at $800M revenue, enters grace period on interest payment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-25-000076
- JSON: https://secwatch.observer/filing/0000895419-25-000076.json
- Plain text: https://secwatch.observer/filing/0000895419-25-000076.txt

## Key facts
- Executive change
  David Emerson was appointed as Executive Vice President and Chief Operating Officer at WOLFSPEED, INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer
  source text: appointed David Emerson, Ph.D., to serve as the Company’s Executive Vice President (“EVP”) and Chief Operating Officer (“COO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/895419/000089541925000076/0000895419-25-000076-index.htm

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