Abajian Danny 4

What Happened

• Danny Abajian, Chief Financial Officer of Sunrun Inc. (RUN), reported an open-market sale of 1,412 shares on 2026-03-06 for a weighted average price of $11.98, generating proceeds of about $16,914. The filing also shows two related gift/transfer entries of 2,586 shares each (one disposition and one acquisition at $0.00), consistent with an internal transfer to a trust.

Key Details

• Transaction date: 2026-03-06. Sale weighted average price: $11.98; range reported $11.965–$12.01 per share. Sale proceeds ≈ $16,914. (Footnote F2)
• Sale was to cover tax withholding from vested restricted stock units (RSUs). (Footnote F1)
• Shares held after the transactions include 559,018 RSUs that remain subject to forfeiture until they vest. (Footnote F3)
• Some securities are held of record by the Abajian Family Trust, of which Abajian is a co-trustee. (Footnote F4)
• Filing date: 2026-03-09 for a 2026-03-06 transaction — within the standard Form 4 reporting window (timely).

Context

• The 1,412-share sale appears to be a routine tax-withholding sale tied to RSU vesting, not an independent open-market sell decision; such withholding sales are common and do not necessarily indicate a change in insider sentiment. The gift/transfer entries likely reflect movement of shares into a family trust and do not by themselves signal market views.