# EDGAR Filing Document

**Accession Number:** 0001469367
**File Stem:** 0001628280-26-014345
**Filing Date:** 2026-3
**Character Count:** 8348
**Document Hash:** 92d66d47c1f310a1cfec402eb15309b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-014345.hdr.sgml**: 20260303

**ACCESSION NUMBER**: 0001628280-26-014345

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260303

**DATE AS OF CHANGE**: 20260303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Powell Mary
- **CENTRAL INDEX KEY:** 0001730240

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37511
- **FILM NUMBER:** 26718551

**MAIL ADDRESS:**
- **STREET 1:** C/O SUNRUN INC.
- **STREET 2:** 595 MARKET STREET, 29TH FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sunrun Inc.
- **CENTRAL INDEX KEY:** 0001469367
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 262841711
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 600 CALIFORNIA STREET, SUITE 1800
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 415-580-6900

**MAIL ADDRESS:**
- **STREET 1:** 600 CALIFORNIA STREET, SUITE 1800
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SunRun Inc.
- **DATE OF NAME CHANGE:** 20090730

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Powell Mary<br><sub>(Last) (First) (Middle)</sub><br>600 CALIFORNIA STREET, SUITE 1800<br><sub>(Street)</sub><br>SAN FRANCISCO, CA 94108<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-02-27 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Executive Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Sunrun Inc. [ RUN ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-02-27 |  | A<sup>(1)</sup> |  | 14065 | A | $0 | 879011 | D |  |
| Common Stock | 2026-02-27 |  | A<sup>(2)</sup> |  | 35192 | A | $0 | 914203 | D |  |
| Common Stock | 2026-02-27 |  | A<sup>(3)</sup> |  | 221334 | A | $0 | 1135537 | D |  |
| Common Stock | 2026-03-02 |  | S<sup>(4)</sup> |  | 5357 | D | 12.3342<sup>(5)</sup> | 1130180<sup>(6)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) On August 31, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common
Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performancecriteria. The performance criteria for the measurement period ending December 31, 2025 were met and certified on February 27, 2026, resulting in the issuance of 14,065 shares of the Issuer's Common
Stock.

(2) On April 10, 2023, 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 35,192 PRSUs were certified asattained 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 vestingdate.

(3) 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 221,334 PRSUs were certified asattained 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 vestingdate.

(4) Shares sold to cover tax obligation from settlement of vested restricted stock units.

(5) Price represents the weighted average sale price of the shares sold. The sale price ranged from $12.15 to $12.65 per share. Upon request by the Commission staff, the Issuer, or a security holder of the
Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

(6) Shares held following the reported transaction include 819,694 restricted stock units, which are subject to forfeiture until they vest.

**Signature:** /s/ Jeanna Steele, Attorney-in-Fact  
**Date:** 2026-03-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**