SunPower director linked to 1.18M-share, $0.254 buy
A director-associated entity acquired over 1.18 million SPWR shares in a negotiated purchase, while the director now holds about 1.08 million shares directly.
Rhea-AI Filing Summary
SunPower Inc. (SPWR) reported that director William James Anderson had an indirect acquisition of 1,180,637 shares of common stock on September 4, 2026, at a reported price of $0.2541 per share.
The shares were purchased by SameDay Solar, Inc. under a Securities Purchase Agreement dated September 2, 2026, with SunPower; Anderson is a stockholder and director of SameDay Solar and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. Separately, Anderson is reported to hold 1,076,828 SunPower shares directly, and additional shares are held indirectly through Risk Allocations Systems, Inc., for which he also disclaims beneficial ownership. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,180,637 shares
Grant/Award
3 txns
Insider
Anderson William James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,180,637 | $0.2541 | $300K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,228,933 shares (Indirect, See footnote);
Common Stock — 1,076,828 shares (Direct)
Footnotes (2)
- F1. On 9/4/2026, SameDay Solar, Inc. ("Purchaser") purchased shares of common stock pursuant to a Securities Purchase Agreement dated 9/2/2026 between the Issuer and Purchaser. The Reporting Person is a stockholder and a director of Purchaser. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
- F2. Held by Risk Allocations Systems, Inc., of which the Reporting Person is a stockholder. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
Key Figures
Indirect shares acquired: 1,180,637 shares
Reported price per share: $0.2541 per share
Direct holdings after transaction: 1,076,828 shares
+2 more
5 metrics
Indirect shares acquired
1,180,637 shares
Common stock acquired by SameDay Solar, Inc. on September 4, 2026, attributed indirectly to Anderson
Reported price per share
$0.2541 per share
Price for the 1,180,637 SunPower common shares acquired on September 4, 2026
Direct holdings after transaction
1,076,828 shares
SunPower common stock held directly by William James Anderson following the reported transactions
Transaction date
September 4, 2026
Date of the common stock acquisition by SameDay Solar, Inc.
Agreement date
September 2, 2026
Date of the Securities Purchase Agreement between SunPower and SameDay Solar, Inc.
Key Terms
Securities Purchase Agreement, pecuniary interest, beneficial ownership, Section 16
4 terms
Securities Purchase Agreement regulatory
"purchased shares of common stock pursuant to a Securities Purchase Agreement dated 9/2/2026"
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.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest"
beneficial ownership regulatory
"disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these securities for the purpose of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did SunPower (SPWR) report for William James Anderson?
SunPower reported that a company associated with director William James Anderson acquired 1,180,637 common shares on September 4, 2026, at a reported $0.2541 per share, under a Securities Purchase Agreement between SunPower and SameDay Solar, Inc.
Are there additional indirect SPWR holdings reported for William James Anderson?
Yes. Shares are reported as held by Risk Allocations Systems, Inc., where Anderson is a stockholder. He disclaims beneficial ownership of these securities, and the filing does not treat them as fully attributable to him for Section 16 purposes.
Was the SPWR insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 plan; the plan checkbox is not marked as an affirmative 10b5-1 trading plan, and the footnotes do not state that the transactions were made pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
