Sunrun (RUN) CFO records tax-driven share sale and large stock gifts

Rhea-AI Filing Summary

Sunrun Inc. Chief Financial Officer Danny Abajian reported a mix of sales and gifts of company stock. On April 6, 2026, he sold 132,953 shares of common stock at a weighted average price of $13.2483 per share to cover tax obligations from the settlement of vested restricted stock units.

On the same date, he made bona fide gifts totaling 246,926 shares, split between his direct holdings and shares held indirectly through the Abajian Family Trust, where he is co-trustee. After these transactions, he directly held 308,694 shares and indirectly held 355,085 shares, which include 302,147 restricted stock units that remain subject to forfeiture until they vest.

Insights

Equity compensation and insider-transactions analyst

Most activity reflects tax withholding and gifts, not discretionary selling.

The CFO of Sunrun Inc. sold 132,953 shares of common stock at a weighted average of $13.2483 on April 6, 2026. A footnote explains this sale was used to cover tax obligations arising from vested restricted stock units, making it a mechanistic transaction tied to equity compensation rather than a pure market-timing decision.

He also completed bona fide gifts totaling 246,926 shares, divided between direct holdings and those held via the Abajian Family Trust, where he is co-trustee. Following these moves, he still holds substantial exposure, including 308,694 direct shares and 355,085 indirect shares, with 302,147 of these as unvested RSUs subject to forfeiture until vesting. Overall, the filing primarily documents routine tax and estate planning actions.

Insider Trade Summary

Net Seller: 132,953 shares ($1,761,401)

Net Sell 3 txns

Insider Abajian Danny

Role Chief Financial Officer

Sold 132,953 shs ($1.76M)

Type	Security	Shares	Price	Value
Sale	Common Stock	132,953	$13.2483	$1.76M
Gift	Common Stock	123,463	$0.00	--
Gift	Common Stock	123,463	$0.00	--

Holdings After Transaction: Common Stock — 432,157 shares (Direct); Common Stock — 355,085 shares (Indirect, See Footnote)

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 $13.365 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 302,147 RSUs, which are subject to forfeiture until they vest. Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.

Key Figures

Shares sold: 132,953 shares Sale price: $13.2483 per share Gifted shares: 246,926 shares +3 more

6 metrics

Shares sold 132,953 shares Open-market sale on April 6, 2026

Sale price $13.2483 per share Weighted average sale price

Gifted shares 246,926 shares Bona fide gifts on April 6, 2026

Direct holdings after 308,694 shares Common stock directly owned post-transaction

Indirect holdings after 355,085 shares Common stock indirectly owned post-transaction

Unvested RSUs 302,147 RSUs Subject to forfeiture until vesting

Key Terms

restricted stock units, bona fide gift, weighted average sale price, Abajian Family Trust

4 terms

restricted stock units financial

"Shares held following the reported transaction include 302,147 RSUs, 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.

bona fide gift financial

"transaction_code_description: "Bona fide gift""

weighted average sale price financial

"Price represents the weighted average sale price of the shares sold."

Abajian Family Trust financial

"Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee."

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^*

Abajian Danny

(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 Financial 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)		132,953	D	$13.2483(2)	432,157(3)	D
Common Stock	04/06/2026		G		123,463	D	$0	308,694(3)	D
Common Stock	04/06/2026		G		123,463	A	$0	355,085	I	See Footnote(4)

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 $13.365 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 302,147 RSUs, which are subject to forfeiture until they vest.

4. Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.

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 stock sale did Sunrun (RUN) CFO Danny Abajian report?

Sunrun CFO Danny Abajian reported selling 132,953 shares of common stock at a weighted average price of $13.2483 on April 6, 2026. A footnote states the sale covered tax obligations from the settlement of vested restricted stock units, indicating a compensation-driven transaction.

Were the recent Sunrun (RUN) insider stock sales discretionary or tax-related?

The reported Sunrun insider sale by CFO Danny Abajian was tax-related. Footnotes explain the 132,953 shares sold on April 6, 2026 were to cover tax obligations from vested restricted stock units, suggesting the transaction was driven by compensation and tax requirements rather than pure market timing.

How many Sunrun (RUN) shares did the CFO gift according to the Form 4?

The Form 4 shows CFO Danny Abajian made bona fide gifts totaling 246,926 shares of Sunrun common stock on April 6, 2026. These gifts were split between his direct holdings and shares held indirectly through the Abajian Family Trust, where he serves as co-trustee.

What are Danny Abajian’s Sunrun (RUN) holdings after the reported transactions?

After the reported transactions, Danny Abajian directly held 308,694 Sunrun shares and indirectly held 355,085 shares. Footnotes note that these holdings include 302,147 restricted stock units, which remain subject to forfeiture until they vest under the company’s equity plans.

What does the Sunrun (RUN) Form 4 say about restricted stock units held by the CFO?

The filing states that shares held following the transactions include 302,147 restricted stock units (RSUs). These RSUs are subject to forfeiture until they vest, meaning the CFO’s ability to retain them depends on meeting the vesting conditions specified in the equity awards.