Sunrun (RUN) CEO tax-related share sale leaves 934K shares held

Rhea-AI Filing Summary

Sunrun Inc. Chief Executive Officer Mary Powell reported an open-market sale of 193,002 shares of Common Stock on April 6, 2026 at a weighted average price of $13.2471 per share. According to the disclosure, these shares were sold to cover tax obligations arising from the settlement of vested restricted stock units.

Following the transaction, Powell directly holds 934,282 shares of Sunrun common stock, which include 437,285 restricted stock units that remain subject to forfeiture until they vest.

Insider Trade Summary

Net Seller: 193,002 shares ($2,556,717)

Net Sell 1 txn

Insider Powell Mary

Role Chief Executive Officer

Sold 193,002 shs ($2.56M)

Type	Security	Shares	Price	Value
Sale	Common Stock	193,002	$13.2471	$2.56M

Holdings After Transaction: Common Stock — 934,282 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 $13.18 to $13.305 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 437,285 restricted stock units, which are subject to forfeiture until they vest.

Key Figures

Shares sold: 193,002 shares Weighted average sale price: $13.2471 per share Post-transaction holdings: 934,282 shares +2 more

5 metrics

Shares sold 193,002 shares Open-market sale on April 6, 2026

Weighted average sale price $13.2471 per share Common Stock sold on April 6, 2026

Post-transaction holdings 934,282 shares Common Stock held directly after transaction

Restricted stock units included 437,285 RSUs RSUs subject to forfeiture until vesting

Sale price range $13.18–$13.305 per share Range of individual trade prices within reported sale

Key Terms

restricted stock units, weighted average sale price, open-market sale, tax obligation

4 terms

restricted stock units financial

"Shares held following the reported transaction include 437,285 restricted stock units, which are subject to forfeiture until they vest."

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."

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^*

Powell Mary

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive 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)		193,002	D	$13.2471(2)	934,282(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 $13.18 to $13.305 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 437,285 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 CEO Mary Powell?

Sunrun reported that CEO Mary Powell sold 193,002 shares of Common Stock on April 6, 2026. The shares were sold at a weighted average price of $13.2471 per share to cover tax obligations from vested restricted stock units.

Was the Sunrun (RUN) CEO’s stock sale a tax-related transaction?

Yes. The filing states the 193,002 shares sold by Sunrun CEO Mary Powell were to cover tax obligations from the settlement of vested restricted stock units. This indicates a mechanistic, compensation-related sale rather than a discretionary portfolio trade.

What price did Sunrun (RUN) CEO Mary Powell receive for the shares sold?

The filing shows a weighted average sale price of $13.2471 per share for the 193,002 Sunrun shares sold. It notes the individual sale prices ranged between $13.18 and $13.305 per share across multiple transactions on April 6, 2026.

How many Sunrun (RUN) shares does the CEO hold after this Form 4 transaction?

After the reported sale, CEO Mary Powell directly holds 934,282 Sunrun common shares. This total includes 437,285 restricted stock units, which remain subject to forfeiture until they vest according to the terms described in the filing footnote.

How many restricted stock units does the Sunrun (RUN) CEO still have?

The filing specifies that Mary Powell’s post-transaction holdings include 437,285 restricted stock units. These units are subject to forfeiture until they vest, meaning she must meet service or performance conditions before they convert into unrestricted common shares.

Does the Sunrun (RUN) Form 4 describe the CEO’s sale as an open-market transaction?

Yes. The transaction is coded as an open-market sale of non-derivative Common Stock. However, the footnote clarifies the primary purpose was covering tax obligations from the settlement of vested restricted stock units, providing important context for interpreting the sale.