Paul S. Dickson - Oct 1, 2025 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Sundance Banks, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Oct 1, 2025
Transactions value $
-$481,638
Form type
4
Date filed
10/3/2025, 07:03 PM
Previous filing
Sep 10, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dickson Paul S. Pres. & Chief Revenue Officer 600 CALIFORNIA STREET, SUITE 1800, SAN FRANCISCO /s/ Sundance Banks, Attorney-in-Fact 2025-10-03 0001618959

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $30.7K +4.88K +0.72% $6.28 681K Oct 1, 2025 Direct F1
transaction RUN Common Stock Sale -$512K -25.6K -3.76% $20.00 656K Oct 1, 2025 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -4.88K -73.22% $0.00 1.79K Oct 1, 2025 Common Stock 4.88K $6.28 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted August 26, 2024.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $20.00 to $20.01 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Shares held following the reported transaction include 471,392 restricted stock units, which are subject to forfeiture until they vest.
F4 Fully vested.