Powell Mary 4/A

What Happened

• Mary Powell, CEO of Sunrun Inc. (RUN), was credited with 220,667 performance-based restricted stock units (PRSUs) certified as attained on Feb 27, 2026. The reported acquisition is an award (code A) at $0.00 per share (no cash paid).
• The PRSUs were originally granted on May 29, 2024; the Compensation Committee certified that performance criteria were met on Feb 27, 2026. 100% of these PRSUs are scheduled to vest and convert into shares on April 6, 2026, subject to Powell’s continued service through the vesting date.
• This Form 4 is an amendment: an earlier Form 4 filed March 3, 2026 contained an incorrect certified-PRSU figure; this filing corrects that number to 220,667.

Key Details

• Transaction date: February 27, 2026 (certification of performance & award)
• Transaction type/code: Award/other acquisition (A); acquisition price reported $0.00
• Number of PRSUs certified/awarded: 220,667
• Vesting/settlement date: April 6, 2026 (subject to continued service)
• Original grant date: May 29, 2024
• Shares held following transaction: filing notes inclusion of 819,027 restricted stock units, which remain subject to forfeiture until they vest
• Filing note: This is an amended Form 4 correcting the previously reported PRSU count (original filed March 3, 2026)

Context

• PRSUs are performance-contingent awards that convert to shares upon certification and settlement; they are compensation, not open-market purchases, and require continued employment to vest.
• Because this is an award rather than a purchase or sale, it does not directly signal the insider buying or selling stock in the market. The award increases potential future share holdings but is subject to vesting/forfeiture conditions.