Abajian Danny 4

What Happened

• Danny Abajian, CFO of Sunrun Inc. (RUN), sold 132,953 shares in an open-market transaction on April 6, 2026 to cover tax obligations from vested restricted stock units. The weighted average sale price was $13.25, for proceeds of $1,761,401 (sale price range $13.18–$13.365). On the same date he recorded two gift entries of 123,463 shares (one disposition and one acquisition), consistent with an intra-family/trust transfer.

Key Details

• Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (timely filing).
• Sale: 132,953 shares; weighted avg price $13.25; total proceeds $1,761,401; price range $13.18–$13.365 (issuer can provide per-price breakdown on request). (F1, F2)
• Gifts/transfers: two entries of 123,463 shares (one disposed, one acquired) at $0.00 — appears to reflect a transfer involving the Abajian Family Trust. (F4)
• Shares held after transaction: filings note 302,147 RSUs remain subject to forfeiture until vesting. (F3)
• Exhibit 24 (Power of Attorney) is referenced on the filing.

Context

• The sale was to cover tax withholding on vested RSUs (a routine post-vesting sale) and should not be read as an independent bullish or bearish signal. Gift transfers typically reflect estate/trust planning and likewise do not indicate trading intent.