Sunrun Inc.·4/A

Mar 17, 5:54 PM ET

STEELE JEANNA 4/A

Research Summary

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Updated

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.