Wolfspeed, Inc. (NYSE: WOLF) director reports no beneficial ownership
Rhea-AI Filing Summary
Wolfspeed, Inc. reported that Andreas W. Mattes, serving as a director, submitted an initial statement of beneficial ownership of securities (Form 3). The report lists no transactions and shows no reportable holdings of Wolfspeed securities for him at the time of the statement.
Positive
- None.
Negative
- None.
Key Figures
Reported transactions: 0
1 metrics
Reported transactions
0
No buy, sell, gift, or derivative transactions disclosed for Andreas W. Mattes
Key Terms
reporting person, ten percent owner, Rule 10b5-1
3 terms
reporting person regulatory
"The reportingPersons field identifies the reporting person and their roles."
ten percent owner regulatory
"The is_ten_percent_owner flag indicates if the reporting person holds 10% or more."
Rule 10b5-1 regulatory
"The aff_10b5_one field relates to Rule 10b5-1 trading plan status."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Wolfspeed (WOLF) director Andreas W. Mattes' Form 3 disclose?
It shows that Andreas W. Mattes, a director of Wolfspeed, Inc., submitted an initial Form 3 ownership report. The statement lists no reported holdings or transactions in Wolfspeed securities for him at that time, focusing purely on his status as a reporting person.
Are there any insider buy or sell transactions in Wolfspeed (WOLF) reported for Andreas W. Mattes?
No. The insider data for Andreas W. Mattes shows zero buy, sell, or derivative transactions. The Form 3 functions solely as an initial ownership statement, without any accompanying trading activity disclosed for Wolfspeed securities.
What is the role of Andreas W. Mattes in Wolfspeed (WOLF) as shown in this Form 3?
The Form 3 identifies Andreas W. Mattes as a director of Wolfspeed, Inc.. He is not flagged as a ten percent owner or officer, so his reporting obligation here is tied to his board membership rather than a large ownership stake.
Does the Wolfspeed (WOLF) Form 3 for Andreas W. Mattes involve a Rule 10b5-1 trading plan?
The Form 3 data includes a Rule 10b5-1 indicator field, but no trading plan status is affirmed and no transactions are reported. The filing serves only as an initial ownership disclosure, not as a record of plan-based trades.