Sunrun (RUN) CFO Abajian gifts 3,936 shares and sells 2,030 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunrun Inc. Chief Financial Officer Danny Abajian reported a mix of gifts and a small share sale. A family trust associated with him gifted 1,968 shares of common stock, and he also gifted 1,968 shares from his direct holdings.
Abajian then sold 2,030 shares of Sunrun common stock in an open-market transaction at a weighted average price of $13.3939 per share to cover tax obligations from the settlement of vested restricted stock units. After these transactions, he directly holds 438,781 shares and indirectly holds 359,021 shares, including a substantial number of RSUs that remain subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,030 shares ($27,190)
Net Sell
3 txns
Insider
Abajian Danny
Role
Chief Financial Officer
Sold
2,030 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,030 | $13.3939 | $27K |
| Gift | Common Stock | 1,968 | $0.00 | -- |
| Gift | Common Stock | 1,968 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 438,781 shares (Direct, null);
Common Stock — 359,021 shares (Indirect, See Footnote)
Footnotes (1)
- Shares sold to cover tax obligation from settlement of vested restricted stock units. Price represents the weighted average sale price of the shares sold. The sale price ranged from $13.385 to $13.415 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. Shares held following the reported transaction include 428,760 RSUs, which are subject to forfeiture until they vest. Includes 1,506 shares previously acquired under the Issuer's employee stock purchase plan. The shares are held by a family trust, of which the reporting person is co-trustee.
Key Figures
Open-market sale: 2,030 shares at $13.3939
Gifted shares total: 3,936 shares
Direct holdings after gifts: 436,813 shares
+4 more
7 metrics
Open-market sale
2,030 shares at $13.3939
Common Stock sale on 2026-06-08
Gifted shares total
3,936 shares
Two bona fide gifts of 1,968 shares each
Direct holdings after gifts
436,813 shares
Direct Common Stock after 1,968-share gift
Direct holdings after sale
438,781 shares
Direct Common Stock after 2,030-share sale
Indirect holdings after gift
359,021 shares
Common Stock held indirectly via family trust
RSUs included in holdings
428,760 RSUs
Subject to forfeiture until vesting
ESPP shares included
1,506 shares
Acquired under employee stock purchase plan
Key Terms
bona fide gift, restricted stock units, RSUs, employee stock purchase plan, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"tax obligation from settlement of vested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"include 428,760 RSUs, which are subject to forfeiture until they vest."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
employee stock purchase plan financial
"Includes 1,506 shares previously acquired under the Issuer's employee stock purchase plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
family trust financial
"The shares are held by a family trust, of which the reporting person is co-trustee."
FAQ
What insider transactions did Sunrun (RUN) CFO Danny Abajian report?
Danny Abajian reported two bona fide gifts of 1,968 Sunrun shares each and an open-market sale of 2,030 shares. The gifts involved both direct holdings and a family trust, while the sale was tied to covering tax obligations from vested RSUs.
What are the Sunrun (RUN) CFO’s holdings after these transactions?
After the reported transactions, the CFO holds 438,781 shares directly and 359,021 shares indirectly. The holdings include 428,760 restricted stock units (RSUs), which remain subject to forfeiture until they vest, plus shares acquired through the employee stock purchase plan.
How are the Sunrun (RUN) CFO’s indirect holdings structured?
The indirect holdings include shares held by a family trust where Danny Abajian is co-trustee. One of the 1,968-share gifts came from this trust, and the filing notes these trust-held shares as indirect ownership with the related footnote explaining the structure.