Summary by Moomoo AI
Peter Faricy, an officer, director, and former CEO of SunPower Corporation, is set to sell 70,000 shares of common stock on 03/27/2024. The shares to be sold were acquired through various transactions, including restricted stock vesting under a registered plan and purchases directly from the issuer. The most recent acquisition of shares occurred on 05/05/2023, with a total of 11,652 shares obtained. Over the past few months, Faricy has engaged in multiple sales transactions, with a total of 288,289 securities sold, amounting to gross proceeds of $768,442.96. This upcoming sale continues a pattern of divestment by Faricy, reflecting his transaction history with the company's stock.