SunPower (SPWR) Director J. Daniel McCranie Receives 983,864 Shares

What Happened
J. Daniel McCranie, a director of SunPower Inc., acquired 983,864 shares of SunPower common stock on September 4, 2026. The shares were issued at $0.25 per share for a total reported value of $250,000 under a Securities Purchase Agreement.

Key Details

• Transaction date and price: 9/4/2026 at $0.25 per share (total $250,000).
• Transaction type: Code A — grant/award/other acquisition (shares issued under a purchase agreement dated 9/2/2026).
• Shares owned/related holdings: Footnote notes 93,650 shares are held by the Dan and Kathy McCranie Revocable Trust (the reporting person is a trustee). The filing does not provide a full post-transaction total share count beyond the shares issued.
• Filing timeliness: Form 4 was filed on 9/9/2026 (five days after the transaction), which appears late relative to the standard two-business-day Form 4 deadline.

Context
This was an issuance under a securities purchase agreement, not a market purchase or sale; such transactions are often part of financing or structured agreements and do not by themselves indicate the director’s view of the stock. Footnote details clarify the trust ownership and the agreement date (9/2/2026).