WOLFSPEED, INC. — Form 8-K

Wolfspeed, Inc. approved an Employee Stock Purchase Plan (ESPP) effective August 25, 2026, authorizing up to 1,700,000 shares of Common Stock for employee purchases. The plan permits eligible employees to purchase shares at 85% of Fair Market Value (the lower of enrollment or purchase date price) through payroll deductions up to 15% of compensation, with a $25,000 annual accrual limit per employee. The plan includes both a Section 423(b) tax-qualified component and a Non-Section 423(b) component for foreign subsidiaries, subject to Board administration and future stockholder approval.