Dickson Paul S. 4/A
4/A · Sunrun Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Sunrun President Paul Dickson Receives Award of 170,515 Shares
What Happened
Paul S. Dickson, President & Chief Revenue Officer of Sunrun Inc. (RUN), was credited with 170,515 performance-based restricted stock units (PRSUs) certified as attained on Feb 27, 2026. The report shows an acquisition-type award of 170,515 shares at $0.00 (total $0). These PRSUs were granted May 29, 2024; the Compensation Committee certified the performance criteria were met on Feb 27, 2026, and 100% of the PRSUs will vest and convert to shares on April 6, 2026, subject to Dickson’s continued service through that date. This filing is an amendment to correct the number of PRSUs certified (the March 3, 2026 Form 4 reported an incorrect figure).
Key Details
- Transaction date: 2026-02-27; reported in an amended Form 4 filed 2026-03-17.
- Transaction type/code: Award/Acquisition (A) — 170,515 PRSUs @ $0.00 (acquired = $0).
- Vesting/settlement: 100% of the certified PRSUs vest and become shares on 2026-04-06, subject to continued service.
- Shares held following the transaction: filing notes 622,893 restricted stock units held (subject to forfeiture until they vest).
- Footnote: Amendment corrects an administrative error in the prior Form 4; no other changes reported.
Context
PRSUs are performance-contingent awards (not an open-market purchase); certification means performance targets were met, but the shares are not yet freely tradable until vesting/settlement and any withholding are processed. Such awards are common executive compensation and align pay with company performance; they do not indicate a cash purchase or sale by the insider.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-27+170,515→ 836,910 total
Footnotes (2)
- [F1]On May 29, 2024, the Reporting Person was granted PRSUs. Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The Compensation Committee of the Issuer's Board of Directors certifies attainment based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met and 170,515 PRSUs were certified as attained on February 27, 2026. 100% of the PRSUs shall vest and become shares of the Issuer's Common Stock on April 6, 2026, subject to the Reporting Person's continued service through the vesting date. Due to an administrative error, the Form 4 filed on March 3, 2026 included an incorrect figure for the number of PRSUs certified. As reported in this amendment, the number of PRSUs certified was 170,515. There are no other changes reported in this amendment.
- [F2]Shares held following the reported transaction include 622,893 restricted stock units, which are subject to forfeiture until they vest.