{"id":894955,"date":"2025-10-10T17:03:03","date_gmt":"2025-10-10T21:03:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\/"},"modified":"2025-10-10T17:03:03","modified_gmt":"2025-10-10T21:03:03","slug":"sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\/","title":{"rendered":"SunPower Reports Inducement Grants in Connection with Sunder Acquisition"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">OREM, Utah, Oct.  10, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ni8Dm_FfZY3Te_2mR5N_uDeVh_KndzejwfQADc0eAI5RMD9v0QEKJBr_JmyGUxpzKJhz84B52Nqa4-NWbkvEzw==\" rel=\"nofollow\" target=\"_blank\">SunPower<\/a> (Complete Solaria, Inc.; herein \u201cSunPower,\u201d the \u201cCompany,\u201d or Nasdaq: \u201cSPWR\u201d) a solar technology, services, and installation company, today announced that on October 8, 2025 it made inducement grants to three key employees of Sunder Energy as a material inducement to employment with SunPower following its acquisition of Sunder Energy. The inducement grants consist of time-based restricted stock units (\u201cRSUs\u201d) for a total of 2.7 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with such vesting subject to the RSU recipient\u2019s continuous service through each vesting date. The RSUs are also subject to accelerated vesting in the event the RSU recipient\u2019s employment is terminated by the Company without cause.<\/p>\n<p align=\"justify\">These inducement grants were approved by the board of directors of the Company and granted outside of the Company\u2019s 2023 Equity Incentive Plan as a material inducement to entering into employment with SunPower in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n<p align=\"justify\">\n        <strong>About SunPower<br \/><\/strong>SunPower (Nasdaq: SPWR) is a leading residential solar services provider in North America. The Company\u2019s digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kijBlqKawjnB7NKIk3GvLRtYPqrNGuWuRiIw7onx9s_1JM6RkQMWRSSZb3yqR8urBeM9tcxJCsGtVZjijhmU_cGNC4enQy_Z9xqL8ZYCTT8QNm22MhSq-gxhoMjyQv2MtkxiyVjCEm5DTmDg-iEjeH-eGuvb1wop7qhqbuVQtKwmZsK63OzUaQREaSWJxAi4DBaDk8RpyW4tuRga9bcdaxogPIxgvYYiiVkoLl7H2s5lt8JNvGDYKVIAk1j4rLplrGTpN4tpDdjoNP08gyRAqg==\" rel=\"nofollow\" target=\"_blank\">www.us.sunpower.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:30%;width:30%;min-width:30%;text-align: left;vertical-align: middle;vertical-align: top\">\n            <strong>Company Contacts:<\/strong>\n          <\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Jeanne Nguyen<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Sioban Hickie<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">CFO<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">VP Investor Relations<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:jeanne.nguyen@sunpower.com\" rel=\"nofollow\" target=\"_blank\"><br \/>\n              <u>jeanne.nguyen@sunpower.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:IR@sunpower.com\" rel=\"nofollow\" target=\"_blank\"><br \/>\n              <u>IR@sunpower.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">(801) 477-5847<\/td>\n<\/tr>\n<\/table>\n<p>\n        <br \/>Source: SunPower<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MzQ2MSM3MTg5NTk1IzIyNTgzMzE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjUwNDRlYzQtZWY2ZS00MzA4LWJkNDgtNDgyZGI1OWExNjNmLTEyNjk4ODAtMjAyNS0xMC0xMC1lbg==\/tiny\/SunPower.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OREM, Utah, Oct. 10, 2025 (GLOBE NEWSWIRE) &#8212; SunPower (Complete Solaria, Inc.; herein \u201cSunPower,\u201d the \u201cCompany,\u201d or Nasdaq: \u201cSPWR\u201d) a solar technology, services, and installation company, today announced that on October 8, 2025 it made inducement grants to three key employees of Sunder Energy as a material inducement to employment with SunPower following its acquisition of Sunder Energy. The inducement grants consist of time-based restricted stock units (\u201cRSUs\u201d) for a total of 2.7 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with such vesting subject to the RSU recipient\u2019s continuous service through each vesting date. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SunPower Reports Inducement Grants in Connection with Sunder Acquisition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-894955","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SunPower Reports Inducement Grants in Connection with Sunder Acquisition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SunPower Reports Inducement Grants in Connection with Sunder Acquisition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OREM, Utah, Oct. 10, 2025 (GLOBE NEWSWIRE) &#8212; SunPower (Complete Solaria, Inc.; herein \u201cSunPower,\u201d the \u201cCompany,\u201d or Nasdaq: \u201cSPWR\u201d) a solar technology, services, and installation company, today announced that on October 8, 2025 it made inducement grants to three key employees of Sunder Energy as a material inducement to employment with SunPower following its acquisition of Sunder Energy. The inducement grants consist of time-based restricted stock units (\u201cRSUs\u201d) for a total of 2.7 million shares of SunPower common stock, with 20% of the RSUs vesting one year after grant and the remainder vesting in equal monthly installments thereafter until the fifth anniversary of the grant date, with such vesting subject to the RSU recipient\u2019s continuous service through each vesting date. &hellip; Continue reading &quot;SunPower Reports Inducement Grants in Connection with Sunder Acquisition&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-10T21:03:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MzQ2MSM3MTg5NTk1IzIyNTgzMzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SunPower Reports Inducement Grants in Connection with Sunder Acquisition\",\"datePublished\":\"2025-10-10T21:03:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/\"},\"wordCount\":253,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU0MzQ2MSM3MTg5NTk1IzIyNTgzMzE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sunpower-reports-inducement-grants-in-connection-with-sunder-acquisition\\\/\",\"name\":\"SunPower Reports Inducement Grants in Connection with Sunder Acquisition - 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