Lynn Michelle Jurich - Jun 5, 2024 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Director
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Jun 5, 2024
Transactions value $
-$730,187
Form type
4
Date filed
6/7/2024, 09:05 PM
Previous filing
Apr 9, 2024
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale -$703K -50K -3.46% $14.06 1.4M Jun 5, 2024 Direct F1, F2
transaction RUN Common Stock Sale -$27.3K -1.89K -0.14% $14.44 1.39M Jun 6, 2024 Direct F3, F4, F5, F6
holding RUN Common Stock 1.6M Jun 5, 2024 See Footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The transaction reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2024.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $13.715 to $14.445 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.
F3 Shares sold to cover tax obligation from settlement of vested restricted stock units.
F4 Price represents the weighted average sale price of the shares sold. The sale price ranged from $14.42 to $14.44 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.
F5 Shares held following the reported transactions include 15,934 restricted stock units, which are subject to forfeiture until they vest.
F6 Includes 977 shares acquired under the Issuer's employee stock purchase plan.
F7 Securities held of record by Jurich Murray Holdings LLC, of which the Reporting Person is the sole member.