{"schema_version":"secwatch.filing_event.v1","accession":"0000867773-24-000003","form_type":"8-K","ticker":null,"cik":"0000867773","company_name":"SUNPOWER CORP","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.089578+00:00","generated_at":"2026-06-06T23:42:00.390805+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SunPower adopts restructuring plan, expects $12.8M in charges due to slower sales","bullets":["Restructuring charges of ~$12.8M: $8.2M severance benefits and ~$4.7M write-down of right-of-use assets.","Plan driven by slower sales from higher interest rates; execution targeted by end of Q3 FY2024.","Substantial portion of restructuring charges expected to be incurred in Q1 FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000867773-24-000003","json":"https://secwatch.observer/filing/0000867773-24-000003.json","markdown":"https://secwatch.observer/filing/0000867773-24-000003.md","text":"https://secwatch.observer/filing/0000867773-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000003/0000867773-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000003/spwr-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:42:00.390805+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6ead6d80b9fb2753539eabb4be28ff224ee2fb2f","claim":"SUNPOWER CORP announced a restructuring with charges of approximately $12.8 million.","evidence_excerpt":"in part, by higher interest rates. The plan is intended to improve the economics of the business. The Company expects to incur restructuring charges totaling approximately $12.8 million, consisting of approximately $8.2 million in severance benefits, and expects to write down approximately $4.7 million in right of use assets. The Company plans to execute the","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/867773/000086777324000003/0000867773-24-000003-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $12.8 million"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}