STOCK TITAN

Sunrun (RUN) CEO Mary Powell sells shares to cover RSU tax obligations

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sunrun Inc. Chief Executive Officer Mary Powell reported an open-market sale of 23,985 shares of common stock on July 6, 2026 at a weighted average price of $13.1868 per share. The sale was made to cover tax obligations arising from the settlement of vested restricted stock units. After this transaction, she directly holds 1,111,535 shares of Sunrun common stock, including 589,322 RSUs that remain subject to forfeiture until they vest. The sale prices ranged between $12.95 and $13.355 per share.

Positive

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Insider Powell Mary
Role Chief Executive Officer
Sold 23,985 shs ($316K)
Type Security Shares Price Value
Sale Common Stock 23,985 $13.1868 $316K
Holdings After Transaction: Common Stock — 1,111,535 shares (Direct, null)
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 $12.95 to $13.355 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 589,322 RSUs, which are subject to forfeiture until they vest.
Shares sold 23,985 shares Open-market sale on July 6, 2026
Weighted average sale price $13.1868 per share Common stock sale on July 6, 2026
Sale price range $12.95–$13.355 per share Price range for reported share sales
Shares held after transaction 1,111,535 shares Direct holdings following reported sale
RSUs included in holdings 589,322 RSUs Subject to forfeiture until they vest
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 589,322 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.
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FAQ

What insider transaction did Sunrun (RUN) CEO Mary Powell report?

Mary Powell reported selling 23,985 shares of Sunrun common stock in open-market transactions. The sale was executed at a weighted average price of $13.1868 per share to cover tax obligations from recently vested restricted stock units.

Why did Sunrun (RUN) CEO Mary Powell sell 23,985 shares?

The shares were sold to cover tax obligations tied to the settlement of vested restricted stock units. Such tax-related sales are typically mechanical events connected to equity compensation, rather than discretionary portfolio decisions about the company’s stock.

What price range applied to Mary Powell’s Sunrun (RUN) share sales?

The weighted average sale price was $13.1868 per share, with individual sale prices ranging from $12.95 to $13.355. The filing notes that detailed trade information is available upon request to the issuer, Commission staff, or Sunrun security holders.

How many Sunrun (RUN) shares does Mary Powell hold after this transaction?

Following the sale, Mary Powell directly holds 1,111,535 Sunrun shares. This figure includes 589,322 restricted stock units, which are still subject to forfeiture until they vest according to the company’s equity compensation terms.

Are restricted stock units included in Mary Powell’s Sunrun (RUN) holdings?

Yes. The reported post-transaction total of 1,111,535 shares includes 589,322 restricted stock units. These RSUs do not fully vest immediately and may be forfeited if vesting conditions are not satisfied over time.

Was Mary Powell’s Sunrun (RUN) share sale part of routine compensation events?

The filing states the shares were sold to cover tax obligations from vested restricted stock units. This language indicates the transaction is tied to compensation-related vesting mechanics rather than a standalone strategic decision to reduce equity exposure.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/06/2026S(1)23,985D$13.1868(2)1,111,535(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $12.95 to $13.355 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 589,322 RSUs, which are subject to forfeiture until they vest.
Remarks:
/s/ Anna Nagornaia, Attorney-in-Fact07/07/2026
** Signature of Reporting PersonDate
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)