Summary by Moomoo AI
Thomas H. Werner, Chairman of the Board at Wolfspeed, Inc., executed a planned purchase of 683 shares of common stock on October 24, 2023. The transaction was conducted on the open market at a price of $32.0481 per share, indicating a strong vote of confidence in the company's future. Following this acquisition, Werner's direct beneficial ownership in Wolfspeed stands at 71,049 shares, held through a family trust. This move could signal to investors a positive outlook from the company's leadership.