Home / Filing-delay notices (10-Q) / SunPower Inc.

1/5SunPower Inc. (SPWR): Filing-delay notice, quarterly report filed within extension (NT 10-Q)

Filed 2025-05-14 路 Form NT 10-Q 路 Accession 0001213900-25-043329 micro

Market data

Price before filing: $1.99 (2025-05-13 close, split/dividend-adjusted)
Market cap at flag: $154.4M (2025-05-14) 路 Latest: $20.9M (2026-10-16)

What happened next

WindowSPWRSPYvs SPY
30 days-3.5%+1.7%-5.2%2025-06-13
90 days-22.1%+9.8%-32.0%2025-08-12
180 days-15.1%+16.8%-31.9%2025-11-10
1 year-49.2%+29.0%-78.2%2026-05-14

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $90K (4 sales); 1 insider bought $1.5M (6 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-14: red flag filed
2025-05-16Gishen Adam
Director
Sale10,000$1.89$19KnoForm 4
2025-05-16Gishen Adam
Director
Sale7,743$1.89$15KnoForm 4
2025-05-16Gishen Adam
Director
Sale20,000$1.88$38KnoForm 4
2025-05-19Gishen Adam
Director
Sale10,000$1.92$19KnoForm 4
2025-05-30Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase150,000$1.38$207KnoForm 4
2025-05-30Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase150,000$1.38$207KnoForm 4
2025-06-02Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase10,589$1.49$16KnoForm 4
2025-06-02Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase10,588$1.49$16KnoForm 4
2025-06-03Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase303,000$1.68$509KnoForm 4
2025-06-03Rodgers Thurman J
Chief Executive Officer, Director, 10% owner
Purchase303,000$1.68$509KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-13 to 2025-06-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"The registrant is unable to file, without unreasonable effort and expense, its Quarterly Report on Form 10-Q for the quarter ended March 30, 2025 because of a delay in compiling and processing certain information for inclusion in such Quarterly Report on Form 10-Q. The registrant expects to file such Quarterly Report on Form 10-Q on or before the 5th calendar day following the report's prescribed due date. (Attach..."

Quoted from the filing. Source

What this means

The company filed Form NT 10-Q, telling the SEC it could not file its quarterly report on time, and then filed the report within the 5-day extension. The SEC treats a report filed within the extension as timely, so this is the mildest kind of flag, but the notice itself is a warning sign that investors often react to: something, often the audit or the accounting, took longer than planned.

Status: filed within extension (report filed 2025-05-19) · the SEC treats a report filed within the extension as timely

Why this score: report filed within the extension on 2025-05-19

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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