Mary Powell - 28 Feb 2025 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Sundance Banks, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
28 Feb 2025
Net transactions value
-$40,143
Form type
4
Filing time
04 Mar 2025, 19:16:56 UTC
Previous filing
07 Jan 2025
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale $9,512 -1,295 -0.23% $7.34 559,026 28 Feb 2025 Direct F1, F2
transaction RUN Common Stock Award $0 +13,650 +2.4% $0.000000 572,676 28 Feb 2025 Direct F3
transaction RUN Common Stock Sale $30,631 -4,818 -0.84% $6.36 567,858 03 Mar 2025 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligation from settlement of vested restricted stock units.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $7.33 to $7.345 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 On August 31, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria for the measurement period ending December 31, 2024 were met and certified on February 28, 2025, resulting in the issuance of 13,650 shares of the Issuer's Common Stock.
F4 Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.285 to $6.43 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 364,184 restricted stock units, which are subject to forfeiture until they vest.