FMR LLC Discloses 3.21M-Share, 12.4% Stake in Wolfspeed (WOLF)

Rhea-AI Filing Summary

FMR LLC and Abigail P. Johnson reported beneficial ownership of 3,210,752 shares of Wolfspeed Inc. common stock, representing 12.4% of the outstanding class as of the filing. The filing is a Schedule 13G dated the event 09/30/2025 and signed on 10/06/2025, indicating the stake is held in the ordinary course of business and not for the purpose of changing or influencing control. The report shows sole dispositive power over all reported shares and no shared voting or dispositive power. The filing also notes that one or more other persons have rights to receive dividends or proceeds, but none exceed 5% individually.

Positive

• Material stake disclosed: FMR LLC reports 3,210,752 shares which is 12.4% of the class
• Passive classification: The Schedule 13G certification states the position is held in the ordinary course and not to influence control
• Sole dispositive power: FMR LLC (and Abigail P. Johnson as an investor) report sole dispositive power over all reported shares

Negative

• Concentrated ownership: A single holder at 12.4% represents a meaningful block that could affect market liquidity or be a focus in governance discussions
• Limited transparency on beneficiaries: The filing notes others have rights to dividends/proceeds but does not identify any >5% holders, leaving some secondary exposures unspecified

Insights

Institutional Ownership Analyst

Large passive stake: 3.21M shares (12.4%) held and reported as passive.

FMR LLC reports beneficial ownership of 3,210,752 shares, equal to 12.4% of Wolfspeed common stock. The Schedule 13G classification and the certification language indicate the position is held in the ordinary course of business and is not intended to change or influence control.

The holding confers meaningful economic exposure but the filing shows no shared voting power and the filer asserts no intent to influence control. Monitor any future Schedule 13D filings or amendments if voting power or intent changes; short‑term horizon: next quarterly filings or any 13D triggers.

Corporate Governance Specialist

A single investor holding >5% raises governance attention despite passive classification.

A 12.4% stake typically requires investor relations and governance teams to note the holder for engagement or disclosure purposes. The filing also states some other persons may have dividend/proceeds rights but none exceed 5%, which limits unidentified concentrated third‑party exposures.

Watch for any changes in voting/dispositive power or coordinated group disclosures in the near term, particularly around company shareholder meetings and proxy seasons (next 12 months).

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

WOLFSPEED INC/DE

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

97785W106

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 97785W106

1

Names of Reporting Persons

FMR LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,131,601.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,210,752.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,210,752.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.4 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 97785W106

1

Names of Reporting Persons

Abigail P. Johnson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,210,752.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,210,752.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.4 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WOLFSPEED INC/DE
(b)	Address of issuer's principal executive offices: 4600 Silicon Drive,Durham,NC,USA,27703
Item 2.
(a)	Name of person filing: FMR LLC
(b)	Address or principal business office or, if none, residence: 245 Summer Street, Boston, Massachusetts 02210
(c)	Citizenship: Not applicable
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 97785W106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3210752.00
(b)	Percent of class: 12.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page.
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 3210752.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of WOLFSPEED INC/DE. No one other person's interest in the COMMON STOCK of WOLFSPEED INC/DE is more than five percent of the total outstanding COMMON STOCK.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See attached Exhibit 99.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FMR LLC

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:	10/06/2025

Abigail P. Johnson

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:	10/06/2025

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

How many Wolfspeed (WOLF) shares does FMR LLC report owning?

FMR LLC reports beneficial ownership of 3,210,752 shares, representing 12.4% of the outstanding common stock.

Does the Schedule 13G say FMR LLC intends to influence control at Wolfspeed (WOLF)?

No. The certification states the shares were acquired and are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control.

Who else is listed on the filing besides FMR LLC?

Abigail P. Johnson is also listed, with the same 3,210,752 shares and 12.4% reported; signatures were provided by an authorized representative on 10/06/2025.

Does FMR LLC report any shared voting or dispositive power over the Wolfspeed shares?

No. The filing shows 0 shared voting power and 0 shared dispositive power; sole dispositive power equals the reported share total.

Are there any other holders with >5% disclosed in this filing?

The filing states that one or more other persons are known to have rights to dividends or proceeds but explicitly says no other person's interest exceeds 5%.