SunPower grants 1M RSUs to new CFO Tom Kowalczuk
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SunPower Inc. (NASDAQ: SPWR) disclosed an inducement grant of 1.0 million restricted stock units to Tom Kowalczuk, who was appointed as the company's Chief Financial Officer on June 30, 2026.
The RSUs vest over five years, with 20% vesting one year after the grant date and the remaining 80% vesting in equal annual installments over the following four years, contingent on Kowalczuk's continuous service through each vesting date.
The grant was approved by SunPower's board of directors without shareholder approval as an employment inducement award under Nasdaq Stock Market Listing Rule 5635(c), which requires public announcement of such awards.
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