Form 4: Sunrun Chief Legal & People Officer Sells Shares to Cover Tax Obligations
Insider Transaction Report
Sunrun Inc.'s Chief Legal & People Officer, Jeanna Steele, sold 3,668 shares of common stock for tax purposes on July 7, 2025, at a weighted average price of $10.8029 per share.
Summary
- Jeanna Steele, Sunrun Inc.'s Chief Legal & People Officer, executed a sale of 3,668 shares of Sunrun Common Stock.
- The transaction occurred on July 7, 2025.
- The shares were sold at a weighted average price of $10.8029 per share, with individual sale prices ranging from $10.61 to $10.985.
- The purpose of the sale was to cover tax obligations arising from the settlement of vested restricted stock units.
- Following this transaction, Jeanna Steele beneficially owns 439,620 shares, which includes 258,855 restricted stock units that are subject to forfeiture until they vest.
Sentiment
Score: 5
Explanation: The transaction is a routine sale to cover tax obligations from vested equity, which is a neutral event and does not indicate a change in management's outlook on the company's prospects.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes, which is common for executives receiving equity compensation. It does not provide information on broader industry trends or Sunrun's competitive position.
Key Dates
| Date | Description |
|---|---|
| 07/07/2025 | Date of earliest transaction (sale of common stock). |
| 07/09/2025 | Date the Form 4 was signed and filed. |
Keywords
Sunrun Inc., RUN, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Obligation, Executive Compensation, Jeanna Steele
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