STEELE JEANNA 4/A
Research Summary
AI-generated summary
Sunrun (RUN) Officer Jeanna Steele Receives 90,271-Share Award
What Happened
- Jeanna Steele, Sunrun’s Chief Legal & People Officer, was credited with 90,271 performance-based restricted stock units (PRSUs) certified as attained on Feb 27, 2026. The reported transaction is an award/acquisition (code A) recorded at $0.00 (no cash purchase).
- Per the company, 100% of these PRSUs will vest and convert to shares of Sunrun common stock on April 6, 2026, subject to Steele’s continued service through that vesting date.
- This filing is an amendment: an earlier Form 4 (filed Mar 3, 2026) contained an incorrect certified-PRSU figure; this amendment (filed Mar 17, 2026) corrects that number to 90,271 and makes no other changes.
Key Details
- Transaction date: Feb 27, 2026 (reported via amended Form 4 filed Mar 17, 2026).
- Transaction type/amount: Award/acquisition of 90,271 PRSUs at $0.00 (total reported cash value $0).
- Vesting/settlement: 100% of the PRSUs scheduled to vest and become shares on Apr 6, 2026, contingent on continued service.
- Holdings after transaction: Filing notes 334,997 restricted stock units held following the transaction; these RSUs are subject to forfeiture until they vest.
- Footnotes: PRSUs were originally granted May 29, 2024; the Compensation Committee certified attainment of performance criteria on Feb 27, 2026. Amendment corrects a previously reported figure.
Context
- PRSUs are performance-contingent restricted stock units — they represent a future right to receive shares if performance goals are met and any service/vesting conditions are satisfied. This transaction is not a market purchase or sale and therefore does not directly signal buying or selling activity.
- The amendment corrects an administrative error in the earlier Form 4; there is no indication of late reporting of the original form beyond this correction.