Sunrun Inc. — Form 10-Q

Sunrun amended its Non-Employee Director Pay Policy effective July 1, 2026. Annual cash retainer remains $70,000; Chairperson of Board receives $35,000; Founder and Vice-Chair receives $70,000. Committee chairs receive $17,000–$25,000 annually; committee members receive $9,000–$12,500. Each director receives annual RSU grant valued at $180,000 (or $230,000 for Founder/Vice-Chair), determined by dividing dollar amount by 30-day average NASDAQ closing price. Directors receive $1,000 per meeting fee for meetings beyond the first six annually, and up to $12,000 annual education reimbursement (max $30,000 carry-forward). Policy subject to stockholder approval as legally required.