Sunrun (RUN) CEO Mary Powell awarded 201,238-share RSU grant

Rhea-AI Filing Summary

Powell Mary reported acquisition or exercise transactions in this Form 4 filing.

Sunrun Inc. Chief Executive Officer Mary Powell received a grant of 201,238 shares of Common Stock in the form of restricted stock units (RSUs). The award was recorded at a price of $0.00 per share, indicating it is a compensation grant rather than an open-market purchase.

According to the terms, 25% of these RSUs will vest on April 6, 2027, and the remaining units will vest in equal quarterly installments thereafter, as long as she continues in service through each vesting date. After this grant, Powell holds a total of 1,135,520 shares directly, including 638,523 RSUs that remain unvested and subject to forfeiture until they vest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Powell Mary

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	201,238	$0.00	--

Holdings After Transaction: Common Stock — 1,135,520 shares (Direct)

Footnotes (1)

1. Each share is represented by a restricted stock unit ("RSU"). 25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date. Shares held following the reported transaction include 638,523 RSUs, which are subject to forfeiture until they vest.

Key Figures

RSU grant size: 201,238 shares Grant price: $0.00 per share Total shares after grant: 1,135,520 shares +2 more

5 metrics

RSU grant size 201,238 shares Restricted stock unit award on April 10, 2026

Grant price $0.00 per share Price for the RSU compensation grant

Total shares after grant 1,135,520 shares Direct holdings following the reported transaction

Unvested RSUs held 638,523 RSUs RSUs included in post-transaction holdings, subject to forfeiture

Initial vesting date April 6, 2027 25% of RSUs vest on this date

Key Terms

restricted stock unit ("RSU"), vest, forfeiture

3 terms

restricted stock unit ("RSU") financial

"Each share is represented by a restricted stock unit ("RSU")."

vest financial

"25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

forfeiture financial

"Shares held following the reported transaction include 638,523 RSUs, which are subject to forfeiture until they vest."

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)
04/10/2026

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	04/10/2026		A		201,238(1)	A	$0	1,135,520(2)	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. Each share is represented by a restricted stock unit ("RSU"). 25% of the RSUs will vest on April 6, 2027, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date.

2. Shares held following the reported transaction include 638,523 RSUs, which are subject to forfeiture until they vest.

Remarks:

	/s/ Anna Nagornaia, Attorney-in-Fact	04/14/2026
	** 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 did Sunrun (RUN) CEO Mary Powell report in this Form 4?

Mary Powell reported receiving 201,238 Sunrun Common Stock shares as restricted stock units (RSUs). The grant is part of her compensation package, carries a $0.00 grant price, and increases her total direct holdings to 1,135,520 shares after the transaction.

How many Sunrun (RUN) shares were granted to the CEO in this filing?

The filing shows a grant of 201,238 shares of Sunrun Common Stock as RSUs. These shares were awarded at a stated price of $0.00 per share, reflecting an equity compensation award rather than a market purchase of stock.

What is the vesting schedule for Mary Powell’s new Sunrun RSU award?

25% of the RSUs will vest on April 6, 2027, with the remaining units vesting in equal quarterly installments thereafter. Vesting depends on Mary Powell’s continued service with Sunrun through each scheduled vesting date under the award terms.

How many Sunrun (RUN) shares does the CEO hold after this RSU grant?

After the reported grant, Mary Powell directly holds 1,135,520 shares of Sunrun Common Stock. This total includes 638,523 RSUs that are still unvested and may be forfeited if vesting conditions tied to continued service are not satisfied.

Are the RSUs granted to Sunrun’s CEO immediately owned without conditions?

No. The RSUs are subject to vesting and potential forfeiture. Only 25% are scheduled to vest on April 6, 2027, and the balance vests quarterly afterward. The 638,523 RSUs included in her holdings remain at risk until they fully vest.