Sunrun (RUN) corrects CFO’s 150,454 performance-based RSU certification

Rhea-AI Filing Summary

Sunrun Inc. Chief Financial Officer Danny Abajian reported an amended Form 4 reflecting the certification of 150,454 performance-based restricted stock units (PRSUs), each representing a right to receive one share of common stock. The performance criteria for this 2024 grant were certified as attained on February 27, 2026.

According to the filing, 100% of the 150,454 PRSUs will vest into shares on April 6, 2026, subject to Abajian’s continued service through that date. Following this acquisition entry, his direct holdings total 579,982 shares of common stock, which include 562,561 restricted stock units that remain subject to forfeiture until they vest.

The amendment clarifies that a prior Form 4 filed on March 3, 2026 used an incorrect PRSU figure; this filing corrects the certified amount to 150,454 PRSUs and states there are no other changes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Abajian Danny

(Last) (First) (Middle)

600 CALIFORNIA STREET, SUITE 1800

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sunrun Inc. [ RUN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		A(1)		150,454	A	$0	579,982(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On May 29, 2024, the Reporting Person was granted PRSUs. Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The Compensation Committee of the Issuer's Board of Directors certifies attainment based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met and 150,454 PRSUs were certified as attained on February 27, 2026. 100% of the PRSUs shall vest and become shares of the Issuer's Common Stock on April 6, 2026, subject to the Reporting Person's continued service through the vesting date. Due to an administrative error, the Form 4 filed on March 3, 2026 included an incorrect figure for the number of PRSUs certified. As reported in this amendment, the number of PRSUs certified was 150,454. There are no other changes reported in this amendment.

2. Shares held following the reported transactions include 562,561 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

	/s/ Jeanna Steele, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Sunrun (RUN) disclose for its CFO?

Sunrun’s CFO Danny Abajian reported an amended acquisition of 150,454 performance-based RSUs. These units were certified as earned after Sunrun met specified performance criteria, and are scheduled to vest into common shares on April 6, 2026, subject to continued service.

Why did Sunrun (RUN) file an amended Form 4 for the CFO?

The amendment corrects an incorrect PRSU figure reported in a prior Form 4. It clarifies that 150,454 PRSUs were certified as attained, and explicitly states there are no other changes reported, making this a mainly administrative correction to earlier disclosure.

When will the 150,454 Sunrun (RUN) PRSUs for the CFO vest?

The 150,454 performance-based RSUs for Sunrun’s CFO will vest and convert into common shares on April 6, 2026. Vesting is conditioned on his continued service with Sunrun through that date, following certification of the performance criteria on February 27, 2026.

How many Sunrun (RUN) shares does the CFO hold after this transaction?

After the reported transaction, Sunrun’s CFO holds 579,982 shares of common stock directly. This total includes 562,561 restricted stock units, which are still subject to forfeiture until they vest according to their respective vesting schedules and service conditions.

What performance conditions applied to the Sunrun (RUN) CFO’s PRSUs?

The PRSUs granted May 29, 2024 were tied to Sunrun’s achievement of specified performance criteria. The Compensation Committee certified those criteria were met on February 27, 2026, resulting in 150,454 PRSUs being confirmed as attained for the CFO’s equity award.