Abajian Danny 4/A
4/A · Sunrun Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Sunrun (RUN) CFO Danny Abajian Receives Award of 150,454 PRSUs
What Happened
Danny Abajian, Chief Financial Officer of Sunrun Inc. (RUN), was credited with 150,454 performance-based restricted stock units (PRSUs) on Feb 27, 2026. The reported acquisition shows 150,454 shares at $0.00 (award/grant). The PRSUs were certified as attained by the Compensation Committee and will vest (convert to shares) 100% on April 6, 2026, subject to Abajian’s continued service. This Form 4 is an amendment correcting the previously reported PRSU count.
Key Details
- Transaction date: 2026-02-27; Transaction type: Award/Grant (Code A); Price: $0.00; Shares: 150,454 PRSUs.
- Vesting: 100% of the certified PRSUs vest on April 6, 2026, subject to continued service.
- Holdings after transaction: filing notes 562,561 restricted stock units held following the reported transactions (subject to forfeiture until they vest).
- Footnote: PRSUs were originally granted May 29, 2024; performance criteria were met and the 150,454 PRSUs were certified as attained Feb 27, 2026.
- Amendment: The Form 4 filed Mar 3, 2026 included an incorrect certified-PRSU figure; this filing (amendment) corrects the number to 150,454. The original filing date (Mar 3) met the Form 4 timing window for the Feb 27 transaction; this amendment fixes an administrative error.
Context
PRSUs are performance-contingent equity awards that convert to shares upon certification and vesting; they are a form of compensation rather than an open-market purchase or sale. Awards like this are routine executive compensation and do not by themselves indicate insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-27+150,454→ 579,982 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 150,454 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 150,454. There are no other changes reported in this amendment.
- [F2]Shares held following the reported transactions include 562,561 restricted stock units, which are subject to forfeiture until they vest.