Wolfspeed awards director 16,529 RSUs of stock
A Wolfspeed director received a time-vested RSU award totaling 16,529 shares, with vesting spread over three years.
Rhea-AI Filing Summary
WOLFSPEED, INC. (symbol: WOLF) is the issuer of record for a Form 4 filing submitted to the SEC. Mattes Andreas W reported acquisition or exercise transactions in this Form 4 filing.
WOLFSPEED, INC. (WOLF) reported that director Andreas W. Mattes received an award of 16,529 shares of common stock in the form of restricted stock units on September 1, 2026. One-third of these RSUs vest on September 1, 2027, with the remainder vesting quarterly over the following two years, and he now holds 16,529 shares directly. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 16,529 shares
Grant/Award
1 txn
Insider
Mattes Andreas W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK F1 | 16,529 | $0.00 | $0.00 |
Holdings After Transaction:
COMMON STOCK — 16,529 shares (Direct)
Footnotes (1)
- F1. Award of restricted stock units ("RSUs"). One-third of such RSUs vest on September 1, 2027, and the remainder vest quarterly in proportional amounts thereafter for the remaining two years of the vesting schedule.
Key Figures
RSUs granted: 16,529 shares
Grant price per share: $0.00 per share
Shares held after transaction: 16,529 shares
+2 more
5 metrics
RSUs granted
16,529 shares
Restricted stock unit award to director Andreas W. Mattes on September 1, 2026
Grant price per share
$0.00 per share
Reported price for the 16,529 RSUs granted as equity compensation
Shares held after transaction
16,529 shares
Total Wolfspeed common stock held directly by Andreas W. Mattes after the award
Initial vesting date
September 1, 2027
One-third of the RSUs vest on this date
Vesting period
2 additional years after initial vesting
Remaining RSUs vest quarterly over the following two years
Key Terms
restricted stock units ("RSUs"), vesting schedule, Rule 10b5-1
3 terms
restricted stock units ("RSUs") financial
"Award of restricted stock units ("RSUs"). One-third of such RSUs vest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting schedule financial
"thereafter for the remaining two years of the vesting schedule."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this award."
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.
FAQ
What transaction did Wolfspeed (WOLF) report for Andreas W. Mattes on this Form 4?
The company reported that director Andreas W. Mattes received a grant of 16,529 restricted stock units (RSUs) of Wolfspeed common stock on September 1, 2026 as a compensation-related award, not a market purchase.
What is the vesting schedule of the 16,529 RSUs granted by Wolfspeed (WOLF)?
One-third of the 16,529 RSUs vest on September 1, 2027. The remaining RSUs vest quarterly in proportional amounts over the following two years, according to the award’s vesting schedule.
What are Andreas W. Mattes’s Wolfspeed (WOLF) holdings after this RSU award?
Following the reported grant, Andreas W. Mattes has 16,529 shares of Wolfspeed common stock reported as held directly. This reflects the total non-derivative holdings shown after the transaction on the Form 4.
Was the Wolfspeed (WOLF) RSU transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, meaning the reported RSU award to Andreas W. Mattes was not disclosed as being made under a Rule 10b5-1 trading plan.
Does this Wolfspeed (WOLF) Form 4 report any stock sales by Andreas W. Mattes?
No. The Form 4 reports only an acquisition of 16,529 RSUs and shows no sales or dispositions of Wolfspeed common stock by Andreas W. Mattes in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.