September 29, 2025 · Form 4 insider transaction
Emerson David Todd sold 21,300 shares of Cree Inc, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
On June 30, 2025, the Issuer and a wholly owned subsidiary filed voluntary petitions commencing cases (the Chapter 11 Cases) under Chapter 11 of Title 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the Court) to implement a prepackaged chapter 11 plan of reorganization (the Plan). On September 8, 2025, the Court entered an order confirming the Plan. On September 29, 2025 (the Effective Date), the Plan became effective pursuant to its terms and the Issuer emerged from bankruptcy. On the Effective Date, all of the outstanding shares of common stock of the Issuer (the Old Common Stock) were cancelled pursuant to the Plan.