SPWR ▲ +3.4% - SunPower Inc. $SPWR SunPower CEO-Affiliated Trust Invests $2M Through Future-Equity Agreement ? • SunPower entered into a $2M SAFE agreement with the Rodgers Massey Revocable Living Trust, which is affiliated with CEO and Chairman T.J. Rodgers. • The investment will automatically convert into securities in SunPower’s next equity financing at the same price offered to investors in that financing, without a discount. • The SAFE carries no interest rate or repayment schedule, and the trust will not receive voting or other shareholder rights until the instrument converts into equity. SunPower shares rose 3.4% following news that a trust affiliated with CEO T.J. Rodgers invested $2 million in the company through a SAFE (Simple Agreement for Future Equity) agreement. The investment will convert into equity securities during SunPower's next financing round at the same terms offered to other investors, signaling confidence from company leadership in the firm's future prospects. 30-AUG-2026 04:40 PM ET