Sunrun (RUN) CFO receives 130,611 RSU equity grant, boosts holdings

Rhea-AI Filing Summary

Abajian Danny reported acquisition or exercise transactions in this Form 4 filing.

Sunrun Inc. Chief Financial Officer Danny Abajian received an equity award of 130,611 shares of Common Stock, structured as restricted stock units. The filing states that 25% of these RSUs vest on April 6, 2027, with the rest vesting quarterly thereafter, contingent on continued service. Following this grant, he directly holds 439,305 shares, including RSUs that remain subject to forfeiture until they vest, and indirectly holds 355,085 shares through the Abajian Family Trust, where he serves as co‑trustee.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Abajian Danny

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	130,611	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 439,305 shares (Direct); Common Stock — 355,085 shares (Indirect, See Footnote)

Footnotes (1)

1. Each share is represented by a restricted stock unit ("RSU"). 25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date. Shares held following the reported transaction include 432,758 RSUs, which are subject to forfeiture until they vest. Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.

Key Figures

RSU grant size: 130,611 shares Direct holdings after grant: 439,305 shares Indirect trust holdings: 355,085 shares +2 more

5 metrics

RSU grant size 130,611 shares Common Stock RSU award to CFO on April 10, 2026

Direct holdings after grant 439,305 shares Total Common Stock directly held following transaction

Indirect trust holdings 355,085 shares Common Stock held by Abajian Family Trust

Initial vesting date April 6, 2027 25% of RSUs vest on this date, subject to service

RSUs subject to forfeiture 432,758 RSUs Total RSUs held after transaction that must vest

Key Terms

restricted stock unit ("RSU"), vest, subject to forfeiture, co-trustee

4 terms

restricted stock unit ("RSU") financial

"Each share is represented by a restricted stock unit ("RSU")."

vest financial

"25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

subject to forfeiture financial

"Shares held following the reported transaction include 432,758 RSUs, which are subject to forfeiture until they vest."

co-trustee financial

"Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee."

Form 4 Insider Transactions: What Each Field Means →

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^*

Abajian Danny

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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	04/10/2026		A		130,611(1)	A	$0	439,305(2)	D
Common Stock								355,085	I	See Footnote(3)

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. Each share is represented by a restricted stock unit ("RSU"). 25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date.

2. Shares held following the reported transaction include 432,758 RSUs, which are subject to forfeiture until they vest.

3. Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.

Remarks:

	/s/ Anna Nagornaia, Attorney-in-Fact	04/14/2026
	** 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)

FAQ

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

Sunrun reported that CFO Danny Abajian received a grant of 130,611 shares of Common Stock in the form of restricted stock units. This equity award represents compensation rather than an open-market purchase or sale and vests over time, aligning his interests with long-term company performance.

How do the new RSUs for Sunrun (RUN) CFO vest over time?

The 130,611 RSUs granted to Sunrun’s CFO vest gradually. Twenty-five percent vest on April 6, 2027, and the remaining units vest in equal quarterly installments thereafter. Vesting is conditioned on his continued service with the company through each scheduled vesting date.

How many Sunrun (RUN) shares does the CFO hold after this Form 4?

After the reported grant, Sunrun’s CFO directly holds 439,305 shares of Common Stock, including RSUs subject to forfeiture until vesting. He also indirectly holds 355,085 shares through the Abajian Family Trust, where he serves as co‑trustee, reflecting both direct and trust-based ownership.

Are the newly granted Sunrun (RUN) RSUs immediately owned without conditions?

The newly granted 130,611 RSUs are subject to vesting conditions and potential forfeiture. A footnote explains that 432,758 RSUs held after the transaction, which include this grant, will be forfeited if vesting conditions, such as continued service through each vesting date, are not satisfied.

What does the indirect ownership entry mean in Sunrun (RUN) CFO’s Form 4?

The indirect ownership line reflects 355,085 Sunrun shares held by the Abajian Family Trust. A footnote states these securities are held of record by the trust, for which Danny Abajian is co‑trustee, indicating trust-level record ownership associated with his role as co‑trustee.