Does SunPower disclose any related-party relationships for its new CFO?

SunPower states there are no family relationships between Kowalczuk and its directors or executive officers requiring disclosure. It also reports no transactions involving him that require disclosure under Item 404(a) of Regulation S‑K.

SunPower names Tom Kowalczuk as new CFO

Q: Who is the new Chief Financial Officer at SunPower (SPWR)?

SunPower appointed Tom Kowalczuk as Chief Financial Officer and Principal Financial Officer, effective June 30, 2026. He has over 20 years of finance and accounting experience at Bespoken Spirits, Campari and Beam Suntory.

Q: What is Tom Kowalczuk’s compensation package as SunPower CFO?

Kowalczuk will receive a $400,000 annual base salary and a target annual bonus of 50% of base salary. He will also be granted 1,000,000 RSUs as an employment inducement award under Nasdaq rules.

Q: How do Tom Kowalczuk’s RSUs at SunPower vest over time?

Of the 1,000,000 RSUs granted, the first 20% are subject to a 12‑month cliff vesting period. The remaining 80% vest ratably on an annual basis over the following four years, supporting long‑term retention.

Q: When did SunPower’s new CFO appointment become effective?

Tom Kowalczuk’s appointment as Chief Financial Officer and Principal Financial Officer became effective on June 30, 2026. The related offer letter with his compensation terms was entered into on June 26, 2026.

Q: What prior experience does SunPower’s new CFO bring to the role?

Kowalczuk previously served as CFO of Bespoken Spirits and as Vice President of Finance there, plus roles at Campari and Beam Suntory. At Beam Suntory, he supported multi‑site manufacturing operations representing more than $2 billion in annual revenue.

SunPower Inc. has appointed Tom Kowalczuk as its Chief Financial Officer and Principal Financial Officer, effective June 30, 2026.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

SunPower Inc. has appointed Tom Kowalczuk as its Chief Financial Officer and Principal Financial Officer, effective June 30, 2026. He brings more than 20 years of finance and accounting experience, including senior roles at Bespoken Spirits, Campari and Beam Suntory.

Under an offer letter dated June 26, 2026, Kowalczuk will receive a base salary of $400,000 and an annual target bonus equal to 50% of his base salary. He will also be granted 1,000,000 restricted stock units as an employment inducement award, with 20% vesting after a 12‑month cliff and the remainder vesting annually over the following four years.

The company states there are no arrangements or understandings with other persons regarding his selection, no required family relationship disclosures, and no related‑party transactions requiring disclosure under Regulation S‑K.

Insights

SunPower installs a new CFO with a sizable equity package and standard governance disclosures.

The appointment of Tom Kowalczuk as CFO and Principal Financial Officer centralizes financial leadership at SunPower. His background spans FP&A and manufacturing finance at beverage companies, including support for multi‑site operations representing more than $2 billion in annual revenue.

The compensation structure combines a $400,000 base salary, a 50% target bonus, and 1,000,000 RSUs as an inducement award. The 12‑month cliff on the first 20% of RSUs and four‑year vesting on the remainder encourages retention and long‑term alignment with shareholders.

Standard statements that there are no selection arrangements, required family relationships, or related‑party transactions reduce potential governance concerns. Future company filings may provide insight into how Kowalczuk’s experience influences SunPower’s financial strategy and reporting.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

CFO base salary: $400,000 per year Target bonus: 50% of base salary Inducement RSU grant: 1,000,000 RSUs +3 more

6 metrics

CFO base salary $400,000 per year Annual base salary under June 26, 2026 offer letter

Target bonus 50% of base salary Annual target bonus opportunity for CFO role

Inducement RSU grant 1,000,000 RSUs Employment inducement award under Nasdaq rules

Cliff vesting portion 20% of RSUs Subject to 12‑month cliff before vesting

Follow-on vesting period 4 years Remaining RSUs vest ratably over four years

Prior operations scale More than $2 billion revenue Annual revenue of multi-site manufacturing operations he supported at Beam Suntory

Key Terms

restricted stock units, employment inducement award, Principal Financial Officer, Item 404(a) of Regulation S-K, +1 more

5 terms

restricted stock units financial

"Mr. Kowalczuk will be granted 1,000,000 restricted stock units (“RSUs”) as an employment inducement award"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

employment inducement award financial

"1,000,000 restricted stock units (“RSUs”) as an employment inducement award under applicable Nasdaq rules"

An employment inducement award is a grant of company stock, options, or other equity given to a new hire as a joining bonus to encourage them to work for the company. Like a signing bonus in cash, it ties the employee’s pay to the company’s future value and often vests over time. Investors care because these awards increase outstanding shares and compensation costs, affecting per‑share value and motivating executives to meet performance goals.

Principal Financial Officer financial

"appointed Tom Kowalczuk as the Company’s Chief Financial Officer and Principal Financial Officer"

The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.

Item 404(a) of Regulation S-K regulatory

"no transactions involving Mr. Kowalczuk that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K"

Emerging growth company regulatory

"Emerging growth company Item 5.02. Departure of Directors of Certain Officers; Election of Directors"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

Who is the new Chief Financial Officer at SunPower (SPWR)?

SunPower appointed Tom Kowalczuk as Chief Financial Officer and Principal Financial Officer, effective June 30, 2026. He has over 20 years of finance and accounting experience at Bespoken Spirits, Campari and Beam Suntory.

What is Tom Kowalczuk’s compensation package as SunPower CFO?

Kowalczuk will receive a $400,000 annual base salary and a target annual bonus of 50% of base salary. He will also be granted 1,000,000 RSUs as an employment inducement award under Nasdaq rules.

How do Tom Kowalczuk’s RSUs at SunPower vest over time?

Of the 1,000,000 RSUs granted, the first 20% are subject to a 12‑month cliff vesting period. The remaining 80% vest ratably on an annual basis over the following four years, supporting long‑term retention.

When did SunPower’s new CFO appointment become effective?

Tom Kowalczuk’s appointment as Chief Financial Officer and Principal Financial Officer became effective on June 30, 2026. The related offer letter with his compensation terms was entered into on June 26, 2026.

What prior experience does SunPower’s new CFO bring to the role?

Kowalczuk previously served as CFO of Bespoken Spirits and as Vice President of Finance there, plus roles at Campari and Beam Suntory. At Beam Suntory, he supported multi‑site manufacturing operations representing more than $2 billion in annual revenue.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/07/2026 - 08:31 AM Accepted by SEC EDGAR 07/07/2026 - 08:30 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 30, 2026

SunPower Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-40117		93-2279786
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

45700 Northport Loop East, Fremont, CA		94538
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (510) 270-2507

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.0001 per share	SPWR	The Nasdaq Global Market

Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share	SPWRW	The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 5.02. Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Chief Financial Officer and Principal Financial Officer

SunPower Inc (the “Company”) has appointed Tom Kowalczuk as the Company’s Chief Financial Officer and Principal Financial Officer, effective June 30, 2026.

Mr. Kowalczuk, age 43, has more than 20 years of finance and accounting experience. Before joining the Company, Mr. Kowalczuk served as Chief Financial Officer of Bespoken Spirits from February 2025 until June 2026, and prior to that as Vice President of Finance of Bespoken Spirits from March 2024 until February 2025. Prior to Bespoken Spirits, Mr. Kowalczuk served as Director of Supply Chain FP&A for the USA and Canada at Campari February 2023 until March 2024, overseeing FP&A and operational finance support across U.S. and Canadian manufacturing and supply chain operations. Prior to Campari, Mr. Kowalczuk held roles of increasing responsibility at Beam Suntory from 2008 to 2023, most recently serving as Finance Business Partner Manufacturing Excellence, supporting multi-site manufacturing operations representing more than $2 billion in annual revenue. Mr. Kowalczuk holds a Master of Business Administration from the University of Chicago Booth School of Business and a double major in Accounting and Finance from Northeastern Illinois University.

On June 26, 2026, the Company entered into an offer letter (the “Offer Letter”) with Mr. Kowalczuk in connection with his employment as Chief Financial Officer. Pursuant to the Offer Letter, Mr. Kowalczuk will have an annual base salary of $400,000 and an annual target bonus opportunity of 50% of his base salary. Mr. Kowalczuk will be granted 1,000,000 restricted stock units (“RSUs”) as an employment inducement award under applicable Nasdaq rules, of which the first 20% of the RSUs will be subject to a 12-month "cliff" vesting provision and with the remainder vesting ratably on an annual basis over the course of the following four years.

No arrangement or understanding exists between Mr. Kowalczuk and any other person pursuant to which Mr. Kowalczuk was selected to serve as the Company’s Chief Financial Officer and its Principal Financial Officer.

There are no family relationships between Mr. Kowalczuk and any director or executive officer of the Company that would be required to be disclosed pursuant to Item 401(d) of Regulation S-K, and there are no transactions involving Mr. Kowalczuk that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SunPower Inc.
Dated: July 7, 2026
	By:	/s/ Thurman J. Rodgers
		Thurman J. Rodgers
		Chief Executive Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

SunPower names Tom Kowalczuk as new CFO

Rhea-AI Filing Summary

Positive

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