SunPower (SPWR) Director Antonio R. Alvarez Gifts 3,000 Shares

What Happened
Antonio R. Alvarez, a director of SunPower Inc., reported a gift of 3,000 shares of SPWR common stock on 2026-09-17. The Form 4 shows the shares were transferred as a gift (transaction code G) with $0.00 listed as the consideration/price.

Key Details

• Transaction date: 2026-09-17; Form 4 filed: 2026-09-18 (appears timely).
• Transaction: Gift of 3,000 shares of SPWR common stock; price reported $0.00.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote (F1): The shares were gifted to his daughter; Alvarez disclaims beneficial ownership of the securities held by his daughter.
• No indication of 10b5-1 plan, option exercise, or tax-withholding in the provided data.

Context
Gifts are transfers for estate, tax, or personal reasons and do not necessarily reflect the insider's view of the company’s outlook. The filing’s footnote clarifies the recipient and disclaims beneficial ownership of the gifted shares.