Sunrun (NASDAQ: RUN) CRO sells shares to cover tax from RSU vesting

Rhea-AI Filing Summary

Sunrun Inc. President and Chief Revenue Officer Paul S. Dickson reported an open-market sale of 15,613 shares of common stock. The weighted average sale price was $13.1846 per share, with individual sale prices ranging from $12.935 to $13.335.

According to the footnotes, the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units, making this a compensation-related, non-discretionary transaction. After the sale, Dickson directly held 839,539 shares, including 444,494 restricted stock units that remain subject to forfeiture until they vest.

Insider Trade Summary

Net Seller: 15,613 shares ($205,851)

Net Sell 1 txn

Insider Dickson Paul S.

Role Pres. & Chief Revenue Officer

Sold 15,613 shs ($206K)

Type	Security	Shares	Price	Value
Sale	Common Stock	15,613	$13.1846	$206K

Holdings After Transaction: Common Stock — 839,539 shares (Direct, null)

Footnotes (1)

1. Shares sold to cover tax obligation from settlement of vested restricted stock units. Price represents the weighted average sale price of the shares sold. The sale price ranged from $12.935 to $13.335 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. Shares held following the reported transaction include 444,494 RSUs, which are subject to forfeiture until they vest.

Key Figures

Shares sold: 15,613 shares Weighted average sale price: $13.1846 per share Shares held after transaction: 839,539 shares +1 more

4 metrics

Shares sold 15,613 shares Open-market sale on 2026-07-06

Weighted average sale price $13.1846 per share Sale prices ranged from $12.935 to $13.335

Shares held after transaction 839,539 shares Direct holdings following reported sale

RSUs included in holdings 444,494 RSUs Subject to forfeiture until they vest

Key Terms

restricted stock units, weighted average sale price, RSUs, open-market sale

4 terms

restricted stock units financial

"tax obligation from settlement of vested restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted average sale price financial

"Price represents the weighted average sale price of the shares sold."

RSUs financial

"Shares held following the reported transaction include 444,494 RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/07/2026 - 05:08 PM Accepted by SEC EDGAR 07/07/2026 - 05:07 PM Learn about SEC filing dates

FAQ

What insider transaction did Sunrun (RUN) report for Paul S. Dickson?

Sunrun reported that Paul S. Dickson sold 15,613 shares of common stock. The sale was described as an open-market transaction carried out to cover tax obligations from vested restricted stock units.

At what price did Paul S. Dickson sell Sunrun (RUN) shares?

The weighted average sale price was $13.1846 per Sunrun share. Footnotes note the actual sale prices ranged between $12.935 and $13.335 per share across the individual transactions making up the reported total.

Why did Sunrun executive Paul S. Dickson sell shares in this Form 4?

The filing states the shares were sold to cover a tax obligation from the settlement of vested restricted stock units. This indicates the sale was linked to compensation-related vesting rather than a purely discretionary decision to reduce his equity stake.

How many Sunrun (RUN) shares does Paul S. Dickson hold after this sale?

Following the reported sale, Paul S. Dickson directly holds 839,539 Sunrun common shares. This total includes 444,494 restricted stock units that are still subject to forfeiture until they vest according to the company’s equity award terms.

What does the Form 4 reveal about Paul S. Dickson’s RSUs at Sunrun (RUN)?

The Form 4 discloses that Dickson’s post-transaction holdings include 444,494 restricted stock units. These RSUs are subject to forfeiture until they vest, meaning they only convert to unrestricted shares if the vesting conditions are satisfied.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Dickson Paul S.

(Last) (First) (Middle)

600 CALIFORNIA STREET, SUITE 1800

(Street)

SAN FRANCISCO CALIFORNIA 94108

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Pres. & Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026

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

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

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

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	07/06/2026		S(1)		15,613	D	$13.1846(2)	839,539(3)	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. Shares sold to cover tax obligation from settlement of vested restricted stock units.

2. Price represents the weighted average sale price of the shares sold. The sale price ranged from $12.935 to $13.335 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

3. Shares held following the reported transaction include 444,494 RSUs, which are subject to forfeiture until they vest.

Remarks:

	/s/ Anna Nagornaia, Attorney-in-Fact	07/07/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)