SunPower director buys 983K shares at $0.2541

SunPower director J. Daniel McCranie received nearly one million newly issued shares via a negotiated securities purchase agreement.

Rhea-AI Filing Summary

SunPower Inc. (SPWR) reported that director J. Daniel McCranie983,864 shares of common stock on September 4, 2026, at $0.2541 per share, issued pursuant to a Securities Purchase Agreement dated September 2, 2026. After this grant, he holds 2,227,033 shares directly and 93,650 shares indirectly through the Dan and Kathy McCranie Revocable Trust, where he and Kathy McCranie serve as trustees. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

Grant/Award: 983,864 shares

Grant/Award 2 txns

Insider MCCRANIE J DANIEL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	983,864	$0.2541	$250K
holding	Common Stock F2	--	--	--

Holdings After Transaction: Common Stock — 2,227,033 shares (Direct); Common Stock — 93,650 shares (Indirect, See note)

Footnotes (2)

1. F1. Shares of common stock issued on 9/4/2026 pursuant to the Securities Purchase Agreement dated 9/2/2026 between the Issuer and the Reporting Person.
2. F2. Consists of 93,650 shares of common stock held by the Dan and Kathy McCranie Revocable Trust (the "Trust"). The reporting person serve as trustees of the Trust.

Key Figures

Shares acquired: 983,864 shares Price per share: $0.2541 per share Direct holdings after transaction: 2,227,033 shares +2 more

5 metrics

Shares acquired 983,864 shares Common stock issued to J. Daniel McCranie on September 4, 2026

Price per share $0.2541 per share Reported value for the 983,864 shares issued on September 4, 2026

Direct holdings after transaction 2,227,033 shares Direct SunPower common stock held by J. Daniel McCranie following the acquisition

Indirect holdings via trust 93,650 shares Common stock held by the Dan and Kathy McCranie Revocable Trust, where the reporting person serves as trustee

Transaction date September 4, 2026 Date the 983,864-share acquisition was reported

Key Terms

Securities Purchase Agreement, Revocable Trust, indirect ownership, Rule 10b5-1 trading plan

4 terms

Securities Purchase Agreement financial

"pursuant to the Securities Purchase Agreement dated 9/2/2026 between the Issuer and the Reporting Person"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

Revocable Trust financial

"held by the Dan and Kathy McCranie Revocable Trust (the "Trust")"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

indirect ownership financial

"Consists of 93,650 shares of common stock held by the Dan and Kathy McCranie Revocable Trust"

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is reported for these transactions"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What insider transaction did SPWR director J. Daniel McCranie report?

He reported an acquisition of 983,864 shares of SunPower common stock on September 4, 2026, received as a grant or award, with a reported value of $0.2541 per share.

How were the new SPWR shares issued to J. Daniel McCranie?

The 983,864 shares were issued on September 4, 2026, pursuant to a Securities Purchase Agreement dated September 2, 2026, between SunPower Inc. and J. Daniel McCranie.

What are J. Daniel McCranie’s total reported SPWR holdings after this Form 4?

After the reported acquisition, he holds 2,227,033 SunPower shares directly and 93,650 shares indirectly through the Dan and Kathy McCranie Revocable Trust.

Are any of J. Daniel McCranie’s SPWR shares held indirectly?

Yes. 93,650 shares are held by the Dan and Kathy McCranie Revocable Trust, for which J. Daniel and Kathy McCranie serve as trustees.

Was the SPWR insider transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for these transactions.

What per-share price is associated with the SPWR shares acquired by J. Daniel McCranie?

The acquisition of 983,864 shares of SunPower common stock is reported at $0.2541 per share, as part of the Securities Purchase Agreement.

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

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Available on EDGAR 09/09/2026 - 04:31 PM Accepted by SEC EDGAR 09/09/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCCRANIE J DANIEL

(Last) (First) (Middle)

C/O SUNPOWER INC.

1403 N. RESEARCH WAY

(Street)

OREM UTAH 84097

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SunPower Inc. [ SPWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2026		A		983,864(1)	A	$0.2541(1)	2,227,033	D
Common Stock								93,650	I	See note(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares of common stock issued on 9/4/2026 pursuant to the Securities Purchase Agreement dated 9/2/2026 between the Issuer and the Reporting Person.

2. Consists of 93,650 shares of common stock held by the Dan and Kathy McCranie Revocable Trust (the "Trust"). The reporting person serve as trustees of the Trust.

	/s/ Michael Penney, Attorney-in-Fact for J. Daniel McCranie	09/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)