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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 983,864 | $0.2541 | $250K |
| Holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- 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.
- 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
Key Terms
Securities Purchase Agreement financial
Revocable Trust financial
indirect ownership financial
Rule 10b5-1 trading plan regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPWR director J. Daniel McCranie report?
What are J. Daniel McCranie’s total reported SPWR holdings after this Form 4?
Was the SPWR insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.