Sunrun Inc. (RUN) CLO sells 76,478 shares to cover RSU tax obligations

Rhea-AI Filing Summary

Sunrun Inc. Chief Legal & People Officer Jeanna Steele sold 76,478 shares of Common Stock at a weighted average price of $13.247 per share. According to the filing, the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units, making this a compensation-related, mechanistic transaction rather than a discretionary sale.

Following the sale, Steele directly holds 384,538 shares, which include 178,890 restricted stock units that remain subject to forfeiture until they vest. The reported sale price range was from $13.185 to $13.305 per share.

Insights

Insider transactions analyst

Sale covers taxes on vested RSUs, leaving a substantial remaining stake.

The filing shows Sunrun’s Chief Legal & People Officer, Jeanna Steele, executed an open-market sale of 76,478 shares of Common Stock at a weighted average of $13.247 per share. A footnote states the sale was solely to cover tax obligations from vested restricted stock units.

After the transaction, Steele still holds 384,538 shares, including 178,890 restricted stock units that are subject to forfeiture until they vest. Because the sale is tied to tax withholding on equity compensation rather than a discretionary reduction of exposure, it generally carries weaker signaling value for investors.

Insider Trade Summary

Net Seller: 76,478 shares ($1,013,104)

Net Sell 1 txn

Insider STEELE JEANNA

Role Chief Legal & People Officer

Sold 76,478 shs ($1.01M)

Type	Security	Shares	Price	Value
Sale	Common Stock	76,478	$13.247	$1.01M

Holdings After Transaction: Common Stock — 384,538 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 $13.185 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 178,890 restricted stock units, which are subject to forfeiture until they vest.

Key Figures

Shares sold: 76,478 shares Weighted average sale price: $13.247 per share Shares held after transaction: 384,538 shares +1 more

4 metrics

Shares sold 76,478 shares Common Stock sold on 2026-04-06 in open-market transaction

Weighted average sale price $13.247 per share Sale price range from $13.185 to $13.305 per share

Shares held after transaction 384,538 shares Direct holdings following reported sale, including RSUs

Restricted stock units included 178,890 RSUs Subject to forfeiture until they vest, included in post-transaction holdings

Key Terms

restricted stock units, weighted average sale price, open-market sale, subject to forfeiture

4 terms

restricted stock units financial

"Shares held following the reported transaction include 178,890 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.

subject to forfeiture financial

"restricted stock units, 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^*

STEELE JEANNA

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & People 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)		76,478	D	$13.247(2)	384,538(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 $13.185 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 178,890 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 did Sunrun (RUN) executive Jeanna Steele report in this Form 4 filing?

Jeanna Steele reported selling 76,478 Sunrun shares. The Common Stock was sold in an open-market transaction at a weighted average price of $13.247 per share, primarily to cover tax obligations related to recently vested restricted stock units.

Why did Sunrun (RUN) officer Jeanna Steele sell 76,478 shares?

The shares were sold to cover tax obligations from vested RSUs. A footnote explains the transaction was driven by taxes owed on the settlement of restricted stock units, indicating a compensation-related event rather than a purely discretionary stock sale.

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

After the sale, Steele holds 384,538 Sunrun shares directly. This total includes 178,890 restricted stock units that are still subject to forfeiture until they vest, reflecting a continued, sizable equity interest in the company.

At what prices were the Sunrun (RUN) shares sold in Jeanna Steele’s transaction?

The shares were sold at prices ranging from $13.185 to $13.305. The filing reports a weighted average sale price of $13.247 per share, with the executive offering to provide a breakdown of shares sold at each separate price upon request.

Does Jeanna Steele’s Form 4 indicate remaining restricted stock units in Sunrun (RUN)?

Yes, the filing notes 178,890 remaining restricted stock units. These units are included in the 384,538 shares held following the sale and remain subject to forfeiture until they vest, tying a portion of her holdings to future service or performance conditions.