Abajian Danny 4

What Happened Danny Abajian, Chief Financial Officer of Sunrun Inc. (RUN), was granted 130,611 restricted stock units (RSUs) on April 10, 2026. The award was reported as acquired at $0.00 (no cash paid at grant). The RSUs are subject to a time-based vesting schedule and are forfeitable until they vest.

Key Details

• Transaction date: April 10, 2026 — Grant/award (Code A), 130,611 RSUs at $0.00.
• Shares held after transaction: 432,758 RSUs reported as held but subject to forfeiture until vested.
• Vesting (Footnote F1): 25% vest on April 6, 2027; the remaining RSUs vest in 1/12 increments quarterly thereafter, contingent on continued service.
• Record holdings (Footnote F3): Some securities are held of record by the Abajian Family Trust, where the reporting person is a co‑trustee.
• Filing timeliness: Form 4 filed April 14, 2026 for an April 10 transaction (filed four days later); this appears later than the typical Section 16 requirement of filing within two business days.

Context RSU grants are awards that do not require an immediate cash outlay and do not represent a share sale or purchase signal until and unless shares vest and are sold. These RSUs will convert to shares only as they vest per the schedule above and remain subject to forfeiture if the service condition is not met.