Sunrun chief legal officer Steele sells $116,016 in stock

Jeanna Steele, Chief Legal & People Officer at Sunrun Inc (NASDAQ:RUN), recently sold a total of 5,966 shares of common stock. The sales, which totaled $116,016, occurred in two separate transactions.

On October 6, 2025, Steele sold 4,440 shares at a weighted average price of $19.3419, for a total of $85,878. The price per share ranged from $19.18 to $19.50. Then, on October 8, 2025, she sold 1,526 shares at a price of $19.75 per share, totaling $30,138. According to InvestingPro analysis, Sunrun’s stock is currently trading near its Fair Value, with 12+ additional exclusive insights available to subscribers.

The October 8 transaction was executed under a Rule 10b5-1 trading plan adopted on May 16, 2025. Following these transactions, Steele directly owns 387,301 shares of Sunrun, including 244,592 restricted stock units that are subject to forfeiture until they vest. With Sunrun’s next earnings report scheduled for October 29, 2025, investors should note the company’s current market capitalization of $4.47 billion and significant debt levels.

In other recent news, Sunrun has been active in the financial markets with its recent securitization activities. The company priced a $510 million securitization of leases and power purchase agreements, marking its fifth issuance in 2025. Goldman Sachs continues to support Sunrun with a Buy rating and a price target of $19.00, reflecting confidence in the company’s financial strategies. Meanwhile, Barclays maintains an Equalweight rating on Sunrun with a $15.00 target, citing the company’s strategic momentum and its robust safe harbor positioning through 2029. Barclays also pointed out the favorable conditions for Sunrun’s solar Investment Tax Credit and storage strategy. In the broader solar industry, China’s efforts to combat deflation have positively impacted U.S. solar stocks, with solar wafer prices showing signs of recovery. Despite the positive developments, Daiwa maintains a negative outlook on the China solar sector, noting stable photovoltaic glass prices and operational capacity. Additionally, President Donald Trump has reiterated his criticism of renewable energy, focusing on the economic impact of wind and solar power.

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