---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-088191"
form_type: "8-K"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:00:54.292393+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Complete Solaria enters employment agreement with CFO Daniel Foley; $400K salary + 250K RSUs

## Summary
- Base salary of $400,000 per year with annual bonus eligibility of 50% of gross salary.
- Subject to Board approval, 250,000 RSUs granted; 20% vest after 1 year, remaining 80% monthly over 4 years.
- Severance: 6 months base salary and COBRA premiums if terminated without cause or resigns for good reason.
- Employment remains at-will; agreement includes arbitration clause and confidentiality obligations.

## SEC filing metadata
- accession: 0001213900-24-088191
- form_type: 8-K
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000121390024088191/0001213900-24-088191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000121390024088191/ea0217759-8k_complete.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-088191
- JSON: https://secwatch.observer/filing/0001213900-24-088191.json
- Plain text: https://secwatch.observer/filing/0001213900-24-088191.txt

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