Sunrun (RUN) officer sells 21,037 shares at $20.25 via 10b5-1

Sunrun (RUN): Form 4 insider transaction — The company’s Chief Legal & People Officer reported a sale of 21,037 shares of common stock on 10/09/2025 at $20.25 per share under a Rule 10b5-1 trading plan adopted May 16, 2025.

Rhea-AI Filing Summary

Sunrun (RUN): Form 4 insider transaction — The company’s Chief Legal & People Officer reported a sale of 21,037 shares of common stock on 10/09/2025 at $20.25 per share under a Rule 10b5-1 trading plan adopted May 16, 2025.

Following the transaction, the reporting person beneficially owned 366,264 shares, held directly. This figure includes 244,592 restricted stock units that are subject to forfeiture until they vest.

Insider Trade Summary

Net Seller: 21,037 shares

Net Sell 1 txn

Insider STEELE JEANNA

Role Chief Legal & People Officer

Sold 21,037 shs ($426K)

Type	Security	Shares	Price	Value
Sale	Common Stock	21,037	$20.25	$426K

Holdings After Transaction: Common Stock — 366,264 shares (Direct)

Footnotes (2)

1. F1. The transaction reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted May 16, 2025.
2. F2. Shares held following the reported transaction include 244,592 restricted stock units, which are subject to forfeiture until they vest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sunrun (RUN) disclose in this Form 4?

An officer sold 21,037 shares of common stock on 10/09/2025 at $20.25 per share under a Rule 10b5-1 plan.

Who is the reporting person in RUN’s Form 4?

Sunrun’s Chief Legal & People Officer is the reporting person.

How many shares does the insider hold after the sale?

The insider beneficially owns 366,264 shares directly after the reported transaction.

Are any of the remaining shares unvested or subject to conditions?

Yes. The total includes 244,592 RSUs that are subject to forfeiture until they vest.

Was the transaction pre-arranged under a trading plan?

Yes. It was effected under a Rule 10b5-1 trading plan adopted on May 16, 2025.

What was the transaction code listed?

The filing lists transaction code S, indicating a sale.

What is the ownership form of the reported holdings?

The filing indicates Direct (D) ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/14/2025 - 05:05 PM Learn about SEC filing dates

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).

1. Name and Address of Reporting Person^*

STEELE JEANNA

(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 Legal & People Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/09/2025

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	10/09/2025		S(1)		21,037	D	$20.25	366,264(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. The transaction reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted May 16, 2025.

2. Shares held following the reported transaction include 244,592 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

	/s/ Sundance Banks, Attorney-in-Fact	10/13/2025
	** 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.