RUN Form 4: Mary Powell disposes 11,699 shares; retains 876,590
Rhea-AI Filing Summary
Mary Powell, who serves as Chief Executive Officer and a Director of Sunrun Inc. (RUN), reported a change in beneficial ownership dated 10/06/2025. The filing shows a sale of 11,699 shares of Common Stock executed to cover tax obligations arising from the settlement of vested restricted stock units. The weighted average sale price was reported as $19.3436, with the per-share sale price range between $19.18 and $19.48. After the sale, the reporting person beneficially owned 876,590 shares, which include 595,301 restricted stock units that remain subject to forfeiture until they vest.
Positive
- Reporting person retains substantial holdings: 876,590 shares remain beneficially owned following the sale
- Sale purpose disclosed: shares were sold specifically to cover tax obligations from vested RSUs
Negative
- Disposition recorded: 11,699 shares were sold on 10/06/2025
- Large portion unvested: 595,301 restricted stock units remain subject to forfeiture until vesting, representing potential future share issuance
Insights
Insider sold a small block to satisfy taxes while retaining majority interest.
The reported transaction is a sale of 11,699 shares to cover tax obligations from vested restricted stock units; the filer reports a weighted average price of $19.3436 and a disclosed range of $19.18 to $19.48. This type of sale is commonly administrative rather than an express vote of no confidence by management.
The reporting person continues to hold 876,590 shares, including 595,301 RSUs that are not yet vested, which preserves significant alignment with shareholders but also indicates future dilution risk if those RSUs vest. Watch for subsequent Form 4 filings around vesting dates or additional sales within a 90-day window.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,699 | $19.3436 | $226K |
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 $19.18 to $19.48 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 595,301 restricted stock units, which are subject to forfeiture until they vest.