Summary by Futu AI
Thomas H. Werner, the Executive Chairman and a 10% owner of SunPower Corporation, has filed an initial statement of beneficial ownership with the SEC, disclosing his indirect ownership of 240,829 shares of common stock through the Werner Family Trust. The filing, made pursuant to Section 16(a) of the Securities Exchange Act of 1934, was submitted on February 23, 2024, following the event date of February 19, 2024. This form, known as SEC Form 3, is a legal requirement for directors, officers, or owners of more than ten percent of a class of a company's securities and serves as an initial public disclosure of stock ownership in the company.