CITIGROUP INC - 30 Oct 2025 Form 4 Insider Report for WOLFSPEED, INC. (WOLF)

Reporting relationship: 10%+ Owner
Issuer ticker: WOLF
Reported as of: 30 Oct 2025
Net transaction value: +$70,608
SEC form: 4
Accepted by SEC: 04 Nov 2025, 06:04:24 UTC
Prior SEC filing: 13 Sep 2022
Source filing: View source filing
Reporting owner signature: Citigroup Inc., By:/s/Ronny Ostrow, Assistant Secretary

Key filing fact

CITIGROUP INC filed Form 4 for WOLFSPEED, INC. (WOLF) on 04 Nov 2025.

Key facts

This page summarizes CITIGROUP INC's Form 4 filing for WOLFSPEED, INC. (WOLF).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 04 Nov 2025, 06:04.

Change

Previous filing in this sequence was filed on 13 Sep 2022.
Current net transaction value: +$70,608.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000831001 Primary reporting owner

CITIGROUP INC

Relationship: 10%+ Owner
Address: 388 GREENWICH STREET, NEW YORK
Signature: Citigroup Inc., By:/s/Ronny Ostrow, Assistant Secretary
Signature date: 03 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WOLF transaction

Common Stock, $0.00125 par value

Purchase

Transaction value: $3,029,972
Shares: +116,002
Change %: +4.5%
Price: $26.12
Shares after: 2,701,627
Date: 30 Oct 2025
Ownership: See footnote
Footnotes: F1, F2

WOLF transaction

Common Stock, $0.00125 par value

Purchase

Transaction value: $660,696
Shares: +24,773
Change %: +0.92%
Price: $26.67
Shares after: 2,726,400
Date: 31 Oct 2025
Ownership: See footnote
Footnotes: F2, F4

WOLF transaction

Common Stock, $0.00125 par value

Purchase

Transaction value: $1,469,934
Shares: +53,530
Change %: +2%
Price: $27.46
Shares after: 2,779,930
Date: 31 Oct 2025
Ownership: See footnote
Footnotes: F2, F3

WOLF transaction

Common Stock, $0.00125 par value

Sale

Transaction value: $5,089,994
Shares: -194,423
Change %: -7%
Price: $26.18
Shares after: 2,585,507
Date: 31 Oct 2025
Ownership: See footnote
Footnotes: F2, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WOLF transaction Derivative

Equity Swap (obligation to sell)

Other

Transaction value: $0
Shares: +1
Change %
Price: $0.000000
Shares after: 1
Date: 30 Oct 2025
Ownership: See footnote
Underlying class: Common Stock, $0.00125 par value
Underlying amount: 883,924
Exercise price: $26.12
Footnotes: F2, F6

WOLF transaction Derivative

Equity Swap (obligation to sell)

Other

Transaction value: $0
Shares: +1
Change %
Price: $0.000000
Shares after: 1
Date: 30 Oct 2025
Ownership: See footnote
Underlying class: Common Stock, $0.00125 par value
Underlying amount: 116,076
Exercise price: $26.12
Footnotes: F2, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

CITIGROUP INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares of Wolfspeed, Inc. common stock, $0.00125 par value (the "Shares") were purchased in multiple transactions at prices ranging from $25.97 to $26.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth herein.

Footnote F2

This Form 4 is being filed by Citigroup Inc. ("Citigroup" or the "Reporting Person"), which is the sole stockholder of Citigroup Global Markets Inc. ("CGMI") and Citibank, N.A. ("CBNA"), with respect to the securities held by CGMI and CBNA. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any.

Footnote F3

The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $27.01 to $27.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth herein.

Footnote F4

The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $26.01 to $27.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth herein.

Footnote F5

The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $25.84 to $26.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth herein.

Footnote F6

CBNA entered into a cash-settled total return swap on October 30, 2025 pursuant to which it will pay any increase in, and receive any decrease in, the price of 883,924 shares of Common Stock, from an initial price per share of $26.12. The final valuation date (subject to early termination by the parties) is June 24, 2026.

Footnote F7

CBNA entered into a cash-settled total return swap on October 30, 2025 pursuant to which it will pay any increase in, and receive any decrease in, the price of 116,076 shares of Common Stock, from an initial price per share of $26.12. The final valuation date (subject to early termination by the parties) is June 24, 2026.

SEC remarks

The Reporting Person has agreed to disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein. These transactions are being reported late due to an inadvertent administrative error.