Sunrun (RUN) legal chief sells 901 shares to cover RSU taxes

Rhea-AI Filing Summary

Sunrun Inc. Chief Legal & People Officer Jeanna Steele reported an open-market sale of 901 shares of common stock at a weighted average price of $11.9689 per share. According to the disclosure, the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units.

Following this tax-related sale, Steele beneficially holds 461,290 shares of Sunrun common stock, including 332,724 restricted stock units that remain subject to forfeiture until they vest.

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

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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^*

STEELE JEANNA

(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 Legal & People 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)		901	D	$11.9689(2)	461,290(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 $11.955 to $11.98 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 332,724 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

	/s/ Jeanna Steele	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 transaction did Sunrun (RUN) report for Jeanna Steele?

Sunrun reported that Chief Legal & People Officer Jeanna Steele sold 901 shares of common stock. The sale was an open-market transaction executed to cover tax obligations from vested restricted stock units, rather than a discretionary reduction in her overall economic exposure.

At what price were Jeanna Steele’s Sunrun (RUN) shares sold?

The 901 Sunrun shares were sold at a weighted average price of $11.9689 per share. The actual sale prices ranged between $11.955 and $11.98 per share, as noted, with detailed price breakdowns available upon request from the reporting person.

Why did Sunrun officer Jeanna Steele sell 901 RUN shares?

The filing explains that Jeanna Steele sold 901 Sunrun shares to cover tax obligations arising from the settlement of vested restricted stock units. Such tax-related sales are common when equity awards vest and typically do not reflect a change in long-term investment intent.

How many Sunrun (RUN) shares does Jeanna Steele hold after the sale?

After the reported transaction, Jeanna Steele beneficially holds 461,290 Sunrun common shares. This total includes 332,724 restricted stock units that are subject to forfeiture until they vest, meaning part of her reported holdings are still contingent on future vesting conditions.

Were the remaining Sunrun (RUN) holdings of Jeanna Steele fully vested?

No. The filing states that her post-transaction holdings include 332,724 restricted stock units. These units are subject to forfeiture until they vest, so a substantial portion of her reported interest in Sunrun depends on satisfying vesting requirements over time.