secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0000895419-26-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed enters new employment agreement with CFO van Issum; base $500K
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- Agreement effective Jan 1, 2026; at-will employment, base salary $500,000.
- Target annual bonus of 75% of base salary; equity grants of $3M RSUs and $2M annual mix (40% RSU/60% PSU).
- Sign-on bonus of $450,000 must be repaid if termination for any reason or cause within one year of Sept 1, 2025.
- Relocation reimbursement up to $150,000 (grossed up); Company will provide access to Duke Executive Health program.
- Eligible for Senior Leadership Team Severance Plan; prior agreements with Wolfspeed Europe GmbH superseded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000006/0000895419-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000089541926000006/wolfspeed-20260114.htm
  HTML page:      https://secwatch.observer/filing/0000895419-26-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer