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Sunrun (RUN) CFO sells shares and reports significant stock gifts

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sunrun Inc. Chief Financial Officer Danny Abajian reported multiple stock transactions in Sunrun common stock. On March 6, 2026, he executed an open-market sale of 1,412 shares at a weighted average price of $11.9787 per share to cover a tax obligation from vested restricted stock units.

He also made bona fide gifts totaling 5,172 shares, split between directly held stock and shares held indirectly through the Abajian Family Trust, where he is a co-trustee. Following these transactions, he held 565,565 directly owned shares, including 559,018 restricted stock units that remain subject to forfeiture until they vest, and 231,622 shares indirectly through the family trust.

Positive

  • None.

Negative

  • None.
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 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)
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 1,412(1) D $11.9787(2) 568,151 D
Common Stock 03/06/2026 G 2,586 D $0 565,565(3) D
Common Stock 03/06/2026 G 2,586 A $0 231,622 I See Footnote(4)
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 $11.965 to $12.01 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 transactions include 559,018 restricted stock units, which are subject to forfeiture until they vest.
4. Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.
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 transactions did Sunrun (RUN) CFO Danny Abajian report?

Sunrun CFO Danny Abajian reported selling 1,412 shares of common stock in an open-market transaction and making bona fide gifts totaling 5,172 shares. The sale was tied to tax obligations from vested restricted stock units, according to the disclosed footnotes.

At what price did Sunrun CFO Danny Abajian sell his RUN shares?

Danny Abajian sold 1,412 Sunrun common shares at a weighted average price of $11.9787 per share. A footnote notes the actual sale prices ranged from $11.965 to $12.01, and detailed breakdowns are available upon request from relevant parties.

How many Sunrun shares did the CFO gift in this Form 4 filing?

The Sunrun CFO reported bona fide gifts totaling 5,172 shares of common stock. These gifts were split between directly held shares and shares held indirectly through the Abajian Family Trust, reflecting both personal and trust-related holdings in the company.

How many Sunrun shares does CFO Danny Abajian own after these transactions?

After the reported transactions, Danny Abajian directly owned 565,565 Sunrun shares, including 559,018 restricted stock units subject to vesting. He also indirectly held 231,622 shares through the Abajian Family Trust, where he serves as a co-trustee.

Why did Sunrun CFO Danny Abajian sell 1,412 RUN shares?

The 1,412-share sale by Sunrun’s CFO was made to cover tax obligations arising from the settlement of vested restricted stock units. This type of transaction is commonly used to satisfy withholding requirements without requiring separate cash payments by the executive.

What does the Form 4 say about the Sunrun CFO’s restricted stock units?

The Form 4 states that shares held following the reported transactions include 559,018 restricted stock units. These units are subject to forfeiture until they vest, meaning the CFO’s ability to retain them depends on satisfying applicable vesting conditions.
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