---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-046258"
form_type: "8-K"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:20:22.411703+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Complete Solaria CEO Chris Lundell steps down; severance agreement approved

## Summary
- Chris Lundell stepped down as CEO on April 24, 2024; remains on board of directors.
- Severance includes 6 months base salary paid over 6 months starting 60 days post-separation.
- COBRA premium reimbursement for up to 12 months; alternative cash payment if nondiscrimination rules violated.
- 350,000 stock options granted: 100,000 vest immediately; 250,000 vest monthly over 5 years.
- Retains 94,452 board options granted December 3, 2023.

## SEC filing metadata
- accession: 0001213900-24-046258
- form_type: 8-K
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000121390024046258/0001213900-24-046258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000121390024046258/ea0206801-8k_complete.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-046258
- JSON: https://secwatch.observer/filing/0001213900-24-046258.json
- Plain text: https://secwatch.observer/filing/0001213900-24-046258.txt

## Key facts
- Executive change
  Chris Lundell departed as Chief Executive Officer at SunPower Inc..
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Chris Lundell had stepped down as the Company’s Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390024046258/0001213900-24-046258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.