Paul S. Dickson - 06 Oct 2025 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Sundance Banks, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
06 Oct 2025
Net transactions value
-$294,898
Form type
4
Filing time
08 Oct 2025, 20:17:19 UTC
Previous filing
03 Oct 2025
Next filing
10 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dickson Paul S. Pres. & Chief Revenue Officer 600 CALIFORNIA STREET, SUITE 1800, SAN FRANCISCO /s/ Sundance Banks, Attorney-in-Fact 08 Oct 2025 0001618959

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale $157,335 -8,134 -1.2% $19.34 647,600 06 Oct 2025 Direct F1, F2
transaction RUN Common Stock Options Exercise $11,210 +1,785 +0.28% $6.28 649,385 07 Oct 2025 Direct F3
transaction RUN Common Stock Options Exercise $101,298 +10,708 +1.6% $9.46 660,093 07 Oct 2025 Direct F3
transaction RUN Common Stock Sale $250,070 -12,493 -1.9% $20.02 647,600 07 Oct 2025 Direct F3, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -1,785 -100% $0.000000 0 07 Oct 2025 Common Stock 1,785 $6.28 Direct F3, F6
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -10,708 -100% $0.000000 0 07 Oct 2025 Common Stock 10,708 $9.46 Direct F3, F6
* 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 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 $19.175 to $19.475 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 The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted August 26, 2024.
F4 Price represents the weighted average sale price of the shares sold. The sale price ranged from $20.00 to $20.085 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 transaction include 452,622 restricted stock units, which are subject to forfeiture until they vest.
F6 Fully vested.