Jeanna Steele - 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
-$8,284
Form type
4
Filing time
04 Mar 2025, 19:17:07 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 Award $0 +2,780 +0.92% $0.000000 304,169 28 Feb 2025 Direct F1
transaction RUN Common Stock Sale $8,284 -1,303 -0.43% $6.36 302,866 03 Mar 2025 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 4, 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 2,780 shares of the Issuer's Common Stock.
F2 Shares sold to cover tax obligation from settlement of vested restricted stock units.
F3 Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.285 to $6.44 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.
F4 Shares held following the reported transactions include 150,896 restricted stock units, which are subject to forfeiture until they vest.