Sec Form 4 Filing - Rodgers Thurman J @ SunPower Inc. - 2026-07-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Rodgers Thurman J
2. Issuer Name and Ticker or Trading Symbol
SunPower Inc. [ SWPR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O SUNPOWER INC., 1403 N. RESEARCH WAY
3. Date of Earliest Transaction (MM/DD/YY)
07/01/2026
(Street)
OREM, UT84097
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/01/2026 P 7,226,186 A 28,816,676 I See Note ( 1 )
Common Stock 07/01/2026 P 633,250 A 2,471,485 I See Note ( 2 )
Common Stock 485,562 I See Note ( 3 )
Common Stock 463,589 I See Note ( 4 )
Common Stock 463,589 I See Note ( 5 )
Common Stock 8,842 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rodgers Thurman J
C/O SUNPOWER INC.
1403 N. RESEARCH WAY
OREM, UT84097
X X Chief Executive Officer
Signatures
/s/ Michael Penney, Attorney-in-Fact for Thurman J. Rodgers 07/06/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Consists of 7,226,186 shares of common stock issued to the Rodgers Massey Revocable Living Trust dtd 4/4/11 (the "Revocable Trust") on July 1, 2026 pursuant to an equity-for-interest exchange transaction consummated with respect to interest amounts otherwise payable pursuant to the 12% convertible senior notes due 2029, 10% convertible senior secured notes due 2029 and 7% convertible senior notes due 2029 held by the Revocable Trust. The reporting person and his spouse serve as trustees of the Revocable Trust.
( 2 )Consists of 633,250 shares of common stock issued to the Rodgers Family Freedom and Free Markets Charitable Trust (the "Charitable Trust") on July 1, 2026 pursuant to an equity-for-interest exchange transaction consummated with respect to interest amounts otherwise payable pursuant to the 12% convertible senior notes due 2029, 10% convertible senior secured notes due 2029 and 7% convertible senior notes due 2029 held by the Charitable Trust. The reporting person and his spouse serve as trustees of the Charitable Trust.
( 3 )These shares are held by Rodgers Capital, LLC. The reporting person is the manager of Rodgers Capital, LLC.
( 4 )These shares are held by the TJ Rodgers 2012 Irrevocable Trust dtd 12/26/12, for which the reporting person serves as trustee.
( 5 )These shares are held by the Valeta Massey 2012 Irrevocable Trust dtd 12/26/12, for which the reporting person's spouse serves as trustee.

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).

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