Sunrun (RUN) revenue chief sells shares to pay RSU tax obligations

Rhea-AI Filing Summary

Sunrun Inc. executive Paul S. Dickson reported an open-market sale of 127,673 shares of Common Stock at a weighted average price of $13.2489 per share. The shares were sold to cover tax obligations arising from the settlement of vested restricted stock units.

After this transaction, Dickson directly holds 707,126 shares of Sunrun Common Stock, which include 333,349 restricted stock units that remain subject to forfeiture until they vest.

Insider Trade Summary

Net Seller: 127,673 shares ($1,691,527)

Net Sell 1 txn

Insider Dickson Paul S.

Role Pres. & Chief Revenue Officer

Sold 127,673 shs ($1.69M)

Type	Security	Shares	Price	Value
Sale	Common Stock	127,673	$13.2489	$1.69M

Holdings After Transaction: Common Stock — 707,126 shares (Direct)

Footnotes (1)

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 $13.185 to $13.33 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 333,349 restricted stock units, which are subject to forfeiture until they vest.

Key Figures

Shares sold: 127,673 shares Weighted average sale price: $13.2489 per share Price range: $13.185–$13.33 per share +2 more

5 metrics

Shares sold 127,673 shares Open-market sale on 2026-04-06 to cover tax obligation

Weighted average sale price $13.2489 per share Common Stock sold on 2026-04-06

Price range $13.185–$13.33 per share Range of sale prices for reported transaction

Shares held after transaction 707,126 shares Direct Common Stock holdings following sale

Restricted stock units included 333,349 RSUs RSUs within post-transaction holdings, subject to forfeiture until vesting

Key Terms

restricted stock units, weighted average sale price, forfeiture, open-market sale, +1 more

5 terms

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."

forfeiture financial

"restricted stock units, which are subject to forfeiture until they vest."

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax obligation financial

"Shares sold to cover tax obligation from settlement of vested restricted stock units."

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^*

Dickson Paul S.

(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)
	Pres. & Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

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	04/06/2026		S(1)		127,673	D	$13.2489(2)	707,126(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 $13.185 to $13.33 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 333,349 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Anna Nagornaia, Attorney-in-Fact	04/08/2026
	** 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) report for Paul S. Dickson?

Sunrun reported that Paul S. Dickson sold 127,673 shares of Common Stock in an open-market transaction. The weighted average sale price was $13.2489 per share, and the transaction was undertaken to cover tax obligations from vested restricted stock units.

What price did Paul S. Dickson receive per Sunrun (RUN) share in this sale?

The reported weighted average sale price was $13.2489 per Sunrun share. According to the disclosure, individual sale prices ranged between $13.185 and $13.33 per share, with full breakdowns available upon request from the company, the Commission staff, or security holders.

How many Sunrun (RUN) shares does Paul S. Dickson hold after the reported sale?

Following the transaction, Paul S. Dickson holds 707,126 shares of Sunrun Common Stock directly. This total includes 333,349 restricted stock units that are still subject to forfeiture conditions until they fully vest according to their award terms.

Why did Paul S. Dickson sell Sunrun (RUN) shares in this Form 4 filing?

The filing states the shares were sold to cover tax obligations from the settlement of vested restricted stock units. This indicates the sale is linked to equity compensation vesting rather than a standalone open-market decision unrelated to tax liabilities from those awards.

What does the footnote about restricted stock units mean for Sunrun (RUN) holdings?

The footnote explains that Dickson’s post-transaction holdings include 333,349 restricted stock units. These units represent contingent equity that can be forfeited if vesting conditions are not met, so they differ from fully vested and freely tradable common shares.