secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001193125-21-237695
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrun names Mary Powell CEO; co-founder Lynn Jurich becomes Executive Co-Chair effective Aug 31, 2021
--------------------------------------------------------------------------------

- Co-founder Lynn Jurich steps down as CEO effective Aug 31, 2021, transitions to Executive Co-Chair; base salary reduced to $200,000.
- Mary Powell, currently a Sunrun director and former CEO of Green Mountain Power, appointed as new CEO effective Aug 31, 2021.
- Powell's compensation: $800k base salary, $1M sign-on bonus, and equity awards totaling $7M (RSUs, PSUs, options).
- No disagreements related to Jurich's departure; transition follows a board-led search process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000119312521237695/0001193125-21-237695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000119312521237695/d140276d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-237695

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer