Form 4: Sunrun Inc. Executive Paul S. Dickson Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Paul S. Dickson, President & Chief Revenue Officer of Sunrun Inc., sold 3,855 shares of common stock on July 8, 2024, to cover tax obligations arising from the settlement of vested restricted stock units.
Summary
- On July 8, 2024, Paul S. Dickson, the President & Chief Revenue Officer of Sunrun Inc., sold 3,855 shares of the company's common stock.
- The sale was executed to cover tax obligations resulting from the settlement of vested restricted stock units.
- The shares were sold at a weighted average price of $12.6202, with individual sale prices ranging from $12.42 to $12.78 per share.
- Following the transaction, Dickson directly owns 443,329 shares, including 295,803 restricted stock units that are subject to vesting.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations; no indication of positive or negative implications for the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of the stock sale transaction. |
| 07/09/2024 | Date of signature for the Form 4 filing. |
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