Sunrun (RUN) CFO Danny Abajian gifts 34K shares and sells stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunrun Inc. Chief Financial Officer Danny Abajian reported several insider equity moves in Sunrun common stock. He made bona fide gifts totaling 34,104 shares, including 17,052 shares held indirectly through a family trust where he is co-trustee and 17,052 shares held directly. He also sold 16,495 shares at a weighted average price of $13.1865 per share to cover tax obligations from the settlement of vested restricted stock units. Following these transactions, he holds 420,318 shares directly and 374,105 shares indirectly, and these holdings include 395,213 restricted stock units that remain subject to forfeiture until they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,495 shares ($217,511)
Net Sell
3 txns
Insider
Abajian Danny
Role
Chief Financial Officer
Sold
16,495 shs ($218K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,495 | $13.1865 | $218K |
| Gift | Common Stock | 17,052 | $0.00 | -- |
| Gift | Common Stock | 17,052 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 420,318 shares (Direct, null);
Common Stock — 374,105 shares (Indirect, See Footnote)
Footnotes (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 $12.965 to $13.34 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 395,213 RSUs, which are subject to forfeiture until they vest. The shares are held by a family trust, of which the reporting person is co-trustee.
Key Figures
Open-market sale: 16,495 shares at $13.1865
Gifted shares total: 34,104 shares
Direct holdings after transactions: 420,318 shares
+3 more
6 metrics
Open-market sale
16,495 shares at $13.1865
Common stock sale on 2026-07-06 to cover tax obligations
Gifted shares total
34,104 shares
Bona fide gifts of common stock on 2026-07-06
Direct holdings after transactions
420,318 shares
Common stock directly owned after reported transactions
Indirect holdings after transactions
374,105 shares
Common stock held through a family trust after gifts
Restricted stock units included
395,213 RSUs
RSUs included in post-transaction holdings, subject to forfeiture until vesting
Gift via family trust
17,052 shares
Indirect bona fide gift from family trust where CFO is co-trustee
Key Terms
bona fide gift, restricted stock units, weighted average sale price, RSUs, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"Shares sold to cover 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 395,213 RSUs, which are subject to forfeiture until they vest."
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.
family trust financial
"The shares are held by a family trust, of which the reporting person is co-trustee."
FAQ
What insider transactions did Sunrun (RUN) CFO Danny Abajian report?
Danny Abajian reported gifts and a tax-related sale of Sunrun shares. He gifted 34,104 shares in total and sold 16,495 shares of common stock. The sale was specifically to cover tax obligations from vested restricted stock units, according to the filing’s footnotes.
What are Danny Abajian’s Sunrun (RUN) holdings after these transactions?
After the transactions, Danny Abajian holds substantial Sunrun equity. He owns 420,318 shares directly and 374,105 shares indirectly. The filing adds that shares held following the reported transactions include 395,213 restricted stock units that are subject to forfeiture until they vest.
What do the restricted stock units (RSUs) in the Sunrun (RUN) Form 4 represent?
The RSUs represent unvested equity awards that can be forfeited if conditions aren’t met. The filing states post-transaction holdings include 395,213 RSUs, which remain subject to forfeiture until they vest, so they are not yet fully owned free and clear.