Core Insights - Sunrun, a residential solar provider, experienced a significant insider sale by Board member Edward Harris Fenster, who sold 32,787 shares following the exercise of stock options, amidst strong stock performance with a one-year total return of 100.4% as of December 22, 2025 [1][10]. Transaction Summary - The sale of 32,787 shares was valued at approximately $655,740, based on a weighted average sell price of $20.00 per share [2]. - Post-transaction, Fenster retains 1,492,139 shares valued at around $30.2 million [2]. Company Overview - As of December 22, 2025, Sunrun's stock price was $20.24, with a market capitalization of $4.68 billion and a trailing twelve months (TTM) revenue of $2.32 billion, although it reported a net income loss of $2.47 billion [4]. - The company specializes in residential solar energy systems, including design, installation, and maintenance, targeting homeowners across the United States [7][8]. Insider Trading Context - Fenster's sale aligns with his historical trading patterns, representing 2.15% of his direct holdings, indicating disciplined execution rather than opportunistic behavior [6]. - The sale was primarily to cover costs associated with exercising 50,000 stock options, with a portion of the shares sold to meet tax obligations [9]. Market Performance - Sunrun's stock price increased significantly from a 52-week low of $5.38 in June to a high of $22.44 by October, driven by strong Q3 results [10]. - Q3 revenue reached $724.6 million, a substantial increase from $537.2 million the previous year, leading to an operating income turnaround from a loss of $127.8 million [11]. - The company's price-to-sales ratio has doubled since the beginning of the year, suggesting that while it may be a good time to sell shares, it is not the best time to buy [12].