Sunrun (RUN) executive sells 6,119 shares to cover RSU tax

Rhea-AI Filing Summary

Sunrun Inc. officer Paul S. Dickson reported a sale of 6,119 shares of common stock on January 6, 2026 at a weighted average price of $17.7979 per share. According to the footnotes, the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units, indicating this was a tax-related transaction rather than an open-market discretionary sale. After this sale, Dickson beneficially owned 639,110 shares of Sunrun common stock. The filing notes that this total includes 428,384 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^*

Dickson Paul S.

(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)
	Pres. & Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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	01/06/2026		S(1)		6,119	D	$17.7979(2)	639,110(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 $17.46 to $18.12 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 428,384 restricted stock units, which are subject to forfeiture until they vest.

Remarks:

	/s/ Sundance Banks, Attorney-in-Fact	01/07/2026
	** 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 Paul S. Dickson?

Sunrun reported that Paul S. Dickson, its President & Chief Revenue Officer, sold 6,119 shares of common stock on January 6, 2026. The transaction was coded as an S (sale) in the filing.

At what price were the Sunrun (RUN) shares sold in this Form 4?

The filing states that the weighted average sale price of the 6,119 shares was $17.7979 per share. A footnote explains that individual sale prices ranged from $17.46 to $18.12 per share.

Why did Sunrun officer Paul S. Dickson sell shares according to the Form 4?

A footnote explains that the shares were sold to cover tax obligations arising from the settlement of vested restricted stock units, indicating a tax-related sale tied to equity compensation.

How many Sunrun (RUN) shares does Paul S. Dickson own after the reported sale?

Following the reported transaction, Paul S. Dickson beneficially owned 639,110 shares of Sunrun common stock. This figure includes both directly held shares and restricted stock units as disclosed.

How many restricted stock units does Paul S. Dickson hold after this Sunrun transaction?

The filing notes that the 639,110 shares beneficially owned after the sale include 428,384 restricted stock units, which are subject to forfeiture until they vest.

Is Paul S. Dickson’s ownership in Sunrun direct or indirect in this Form 4?

The Form 4 lists the ownership form for the reported common stock as Direct (D), indicating that the reported holdings are directly owned by Paul S. Dickson rather than through an intermediary entity.