Abajian Danny 4

What Happened

• Danny Abajian, Chief Financial Officer of Sunrun (RUN), sold 2,030 shares in an open-market transaction on 2026-06-08 at a weighted average price of $13.39, generating roughly $27,190 in proceeds. The filing states the sale was to cover tax obligations from the settlement of vested restricted stock units (RSUs).
• The Form 4 also shows two gift entries on the same date: a disposition of 1,968 shares as a gift and an acquisition of 1,968 shares as a gift (both reported at $0.00). Footnotes indicate some shares are held by a family trust of which Abajian is a co‑trustee.

Key Details

• Transaction date: 2026-06-08; Form 4 filed 2026-06-09 (timely).
• Sale: 2,030 shares; weighted average sale price $13.39; price range $13.385–$13.415; proceeds ≈ $27,190. (Issuer can provide per-price breakdown on request.)
• Gifts: 1,968 shares disposed and 1,968 shares acquired, both at $0.00; footnote notes shares are held in a family trust (co‑trustee).
• Post-transaction holdings include 428,760 RSUs that remain subject to forfeiture until they vest, and include 1,506 shares from the employee stock purchase plan.
• Footnotes: F1 = sale to cover tax withholding; F2 = weighted average price and range; F3–F5 = unvested RSUs, ESPP shares, and family trust holdings.

Context

• The sale was a tax-withholding sale of vested RSUs, which is a routine, administrative transaction rather than a clear bullish or bearish signal. Gift transfers likewise do not necessarily reflect market sentiment. Purchases generally carry more informational weight than routine sales tied to taxes or transfers.