RUN Form 144 Discloses 7,077-Share Sale; Recent Seller Dispositions Total 22,444 Shares
Rhea-AI Filing Summary
Sunrun Inc. (RUN) Form 144 notice shows a proposed sale of 7,077 common shares through Charles Schwab & Co., with an aggregate market value of $118,540 and an approximate sale date of 08/26/2025. The filing lists total outstanding shares of 230,732,572. The 7,077 shares correspond to three option exercises acquired on 03/19/2021 (2,359 shares), 06/21/2021 (2,360 shares) and 10/13/2021 (2,358 shares), each paid in cash to Sunrun Inc. The filing also discloses sales by JEANNA STEELE during the past three months totaling 22,444 shares for gross proceeds of $333,832 on 06/06/2025, 07/07/2025 and 08/18/2025. Several identifying fields (CIK, submission contact details, signature/date) appear blank or not provided in the content.
Positive
- Transaction details disclosed: number of shares, aggregate market value, broker, and sale date are provided
- Acquisition provenance listed: dates and nature of acquisition (exercise and hold) and cash payment to Sunrun Inc. are specified
- Recent dispositions reported: sales in the past three months with dates, amounts, and gross proceeds are included
Negative
- Missing filer identifiers: CIK and submission contact information are not provided in the content
- Missing signature/date: the filing content does not show a signed signature block or date of notice/plan adoption
- Limited issuer/contact details: issuer name, SEC file number, and issuer address fields are blank in the provided content
Insights
TL;DR: Filing provides required transaction details but omits key administrative identifiers and signature/date fields, limiting completeness.
The notice includes the number of shares proposed for sale, acquisition dates and methods, broker information, and recent dispositions by the same account. These elements meet core Rule 144 disclosure expectations for reporting the source and size of holdings and recent sales. However, the apparent absence of filer CIK/contact details and missing signature/date entries are material for filing completeness and reviewer traceability. For compliance reviewers, the substantive trading details are present, but administrative gaps should be corrected or clarified.
TL;DR: The proposed sale size is immaterial versus total shares outstanding and follows prior recent sales by the same account.
The 7,077-share proposed sale represents a negligible fraction of the 230.7 million shares outstanding, suggesting limited direct market impact. Recent sales by JEANNA STEELE totaling 22,444 shares for $333,832 indicate the account has been reducing holdings through multiple transactions in the last three months. From a market-impact perspective, these volumes are small relative to company float and are unlikely to move the stock materially.