Sunrun (RUN) CEO Powell sells 2,229 shares to cover RSU tax

Rhea-AI Filing Summary

Sunrun Inc. Chief Executive Officer Mary Powell reported an open-market sale of 2,229 shares of common stock on March 6, 2026 at a weighted average price of $11.9443 per share. The shares were sold to cover a tax obligation from the settlement of vested restricted stock units. Following this transaction, Powell beneficially owned 1,127,951 shares, including 813,326 restricted stock units that remain subject to forfeiture until they vest.

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

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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^*

Powell Mary

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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

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	03/06/2026		S(1)		2,229	D	$11.9443(2)	1,127,951(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 $11.905 to $11.98 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 813,326 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

	/s/ Jeanna Steele, Attorney-in-Fact	03/09/2026
	** 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.

FAQ

What insider transaction did Sunrun (RUN) report for CEO Mary Powell?

Sunrun reported that CEO Mary Powell sold 2,229 shares of common stock on March 6, 2026. The sale was an open-market transaction and was conducted to cover tax obligations from the settlement of vested restricted stock units.

At what price did Mary Powell’s Sunrun (RUN) shares sell in this Form 4?

The reported shares sold at a weighted average price of $11.9443 per share. A footnote states the sale prices ranged from $11.905 to $11.98 per share, with detailed breakdowns available upon request from the company or regulators.

Why did Sunrun CEO Mary Powell sell shares according to this Form 4?

The Form 4 states the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units. This indicates the disposition was linked to equity compensation taxation rather than a purely discretionary sale of existing investment holdings.

How many Sunrun (RUN) shares does Mary Powell hold after this transaction?

After the reported sale, Mary Powell held 1,127,951 shares of Sunrun common stock. This amount includes 813,326 restricted stock units, which are subject to forfeiture until they vest, reflecting a significant portion tied to ongoing equity compensation.

What does the restricted stock unit disclosure mean in Sunrun’s Form 4?

The Form 4 notes that 813,326 shares in Mary Powell’s reported holdings are restricted stock units. These units are subject to forfeiture until they vest, meaning she only fully owns them as they satisfy the applicable vesting conditions over time.

Is the Mary Powell share sale in Sunrun’s Form 4 an open-market transaction?

Yes. The transaction is coded as an open-market or private sale of common stock. The filing also clarifies that the purpose was to cover tax obligations from vested restricted stock units, even though it used an open-market sale mechanism to generate the required funds.