Sunrun (RUN) CFO Danny Abajian Receives Award of 150,454 PRSUs

What Happened
Danny Abajian, Chief Financial Officer of Sunrun Inc. (RUN), was credited with 150,454 performance-based restricted stock units (PRSUs) on Feb 27, 2026. The reported acquisition shows 150,454 shares at $0.00 (award/grant). The PRSUs were certified as attained by the Compensation Committee and will vest (convert to shares) 100% on April 6, 2026, subject to Abajian’s continued service. This Form 4 is an amendment correcting the previously reported PRSU count.

Key Details

• Transaction date: 2026-02-27; Transaction type: Award/Grant (Code A); Price: $0.00; Shares: 150,454 PRSUs.
• Vesting: 100% of the certified PRSUs vest on April 6, 2026, subject to continued service.
• Holdings after transaction: filing notes 562,561 restricted stock units held following the reported transactions (subject to forfeiture until they vest).
• Footnote: PRSUs were originally granted May 29, 2024; performance criteria were met and the 150,454 PRSUs were certified as attained Feb 27, 2026.
• Amendment: The Form 4 filed Mar 3, 2026 included an incorrect certified-PRSU figure; this filing (amendment) corrects the number to 150,454. The original filing date (Mar 3) met the Form 4 timing window for the Feb 27 transaction; this amendment fixes an administrative error.

Context
PRSUs are performance-contingent equity awards that convert to shares upon certification and vesting; they are a form of compensation rather than an open-market purchase or sale. Awards like this are routine executive compensation and do not by themselves indicate insider buying or selling intent.