Thurman J. Rodgers - 29 Jan 2026 Form 4 Insider Report for SunPower Inc. (SPWR)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: SPWR
Reported as of: 29 Jan 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Apr 2026, 17:30:02 UTC
Prior SEC filing: 04 Dec 2025
Next SEC filing: 17 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael Penney, Attorney-in-Fact for Thurman J. Rodgers

Key filing fact

Thurman J. Rodgers filed Form 4 for SunPower Inc. (SPWR) on 10 Apr 2026.

Key facts

This page summarizes Thurman J. Rodgers's Form 4 filing for SunPower Inc. (SPWR).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 10 Apr 2026, 17:30.

Change

Previous filing in this sequence was filed on 04 Dec 2025.
Current net transaction value: $0.

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 0001183967 Primary reporting owner

Rodgers Thurman J

Relationship: Chief Executive Officer, Director, 10%+ Owner
Address: SUNPOWER INC., 45700 NORTHPORT LOOP EAST, FREEMONT
Signature: /s/ Michael Penney, Attorney-in-Fact for Thurman J. Rodgers
Signature date: 10 Apr 2026

Reported derivative securities

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

SPWR transaction Derivative

12% Convertible Senior Note due 2029

Purchase

Transaction value
Shares
Change %
Price
Shares after: $3,300,000
Date: 29 Jan 2026
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 1,783,783
Exercise price
Footnotes: F1, F2, F4

SPWR transaction Derivative

Simple Agreement for Future Equity

Purchase

Transaction value
Shares
Change %
Price
Shares after: $5,000,000
Date: 08 Apr 2026
Ownership: See Footnote
Underlying class: Equity
Underlying amount: 5,000,000
Exercise price
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The conversion rate for the 12% Convertible Senior Note due 2029 (the "Convertible Note") is equal to 540.5405 shares of common stock per $1,000 principal amount of the Convertible Note, subject to adjustment in accordance with the terms of the Convertible Note.

Footnote F2

The Convertible Note matures on July 1, 2029, unless earlier converted or repurchased. The Reporting Person may convert all or any portion of the Convertible Note prior to the close of business on the business day immediately preceding the maturity date.

Footnote F3

On 4/8/2026, a trust controlled by the Reporting Person purchased a simple agreement for future equity ("SAFE") in exchange for $5,000,000. The SAFE provides that it will automatically convert at the closing of the first financing transaction completed by the Issuer following the issuance of the SAFE, including a financing transaction involving the sale of capital stock, warrants, debt securities or other convertible securities of the Issuer. At the closing of such financing transaction, the SAFE will convert into $5,000,000 of shares, units or increment of the securities issued in such financing transaction based on the price per share, unit or increment of the securities issued and sold by the Issuer.

Footnote F4

The Convertible Note and SAFE are held by the Rodgers Massey Revocable Trust, for which the Reporting Person and his spouse serve as trustees.