STEELE JEANNA 4
Research Summary
AI-generated summary
Sunrun (RUN) Chief Legal & People Officer Jeanna Steele Sells 901 Shares
What Happened
Jeanna Steele, Sunrun's Chief Legal & People Officer, sold 901 shares in an open-market transaction on 2026-03-06. The weighted average sale price was $11.97 per share (range $11.955–$11.98), generating roughly $10,784 of proceeds. According to the filing, the sale was made to cover tax obligations from the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (timely filing).
- Shares sold: 901; weighted average price: $11.97; price range reported: $11.955–$11.98.
- Proceeds: approximately $10,784.
- Reason noted: tax withholding related to vested RSUs (footnote F1). Transaction code: S (sale).
- Shares held after the transaction: filing notes 332,724 RSUs remaining, which are subject to forfeiture until they vest (footnote F3).
- Footnote F2: issuer/reporting person can provide per-price share counts within the reported price range upon SEC request.
Context
This was a sale to satisfy tax withholding on vested RSUs—a routine, administrative transaction rather than an open-market investment decision. For retail investors, such sales typically do not signal insider sentiment about company prospects.