Sunrun Inc. Elects Directors and Ratifies Auditors
Ticker: RUN · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1469367
Sentiment: neutral
Topics: governance, annual-meeting, auditor
TL;DR
Sunrun re-elected directors Eger & Heckman and kept PwC as auditors. All good.
AI Summary
On June 18, 2024, Sunrun Inc. filed an 8-K report to announce the results of its 2024 Annual Meeting of Stockholders, which was held on June 17, 2024. The primary agenda item was the election of two Class II directors, Elizabeth E. Eger and Christopher J. Heckman, who were both re-elected for three-year terms. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as Sunrun's independent registered public accounting firm for the fiscal year ending December 31, 2024.
Why It Matters
The re-election of directors and ratification of auditors are routine corporate governance actions that signal stability and continued oversight for investors.
Risk Assessment
Risk Level: low — This filing is a routine corporate governance update regarding director elections and auditor ratification, with no new financial or strategic information that would typically increase risk.
Key Players & Entities
- Sunrun Inc. (company) — Registrant
- Elizabeth E. Eger (person) — Director
- Christopher J. Heckman (person) — Director
- PricewaterhouseCoopers LLP (company) — Independent Registered Public Accounting Firm
- June 18, 2024 (date) — Date of Report
- June 17, 2024 (date) — Date of Annual Meeting
- December 31, 2024 (date) — Fiscal Year End
FAQ
Who were the Class II directors elected at Sunrun Inc.'s 2024 Annual Meeting?
Elizabeth E. Eger and Christopher J. Heckman were elected as Class II directors.
What was the term for the elected Class II directors?
The elected Class II directors were elected for three-year terms.
What action was taken regarding Sunrun Inc.'s independent registered public accounting firm?
The appointment of PricewaterhouseCoopers LLP as Sunrun's independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified.
When was Sunrun Inc.'s 2024 Annual Meeting of Stockholders held?
The 2024 Annual Meeting of Stockholders was held on June 17, 2024.
What is the filing date of this 8-K report?
The 8-K report was filed on June 18, 2024.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-06-21 16:31:06
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share RUN Nasdaq Global S
Filing Documents
- run-20240618.htm (8-K) — 35KB
- 0001469367-24-000125.txt ( ) — 192KB
- run-20240618.xsd (EX-101.SCH) — 2KB
- run-20240618_def.xml (EX-101.DEF) — 16KB
- run-20240618_lab.xml (EX-101.LAB) — 27KB
- run-20240618_pre.xml (EX-101.PRE) — 16KB
- run-20240618_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On June 18, 2024, Sunrun Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting") via a virtual-only meeting format. At the Annual Meeting, the stockholders of the Company considered three proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 29, 2024. The matters voted upon at the Annual Meeting and the results of such voting are set forth below. Proposal 1: Election of three nominees to serve as Class III directors until the 2026 annual meeting of stockholders and until their successors are duly elected and qualified. The votes were cast as follows: Director Votes For Votes Withheld Broker Non-Votes Katherine August-deWilde 125,906,727 15,661,683 20,314,412 Sonita Lontoh 127,220,995 14,347,415 20,314,412 Gerald Risk 129,016,971 12,551,439 20,314,412 Katherine August-deWilde, Sonita Lontoh and Gerald Risk were duly elected as Class III directors. Proposal 2: Advisory vote on the compensation of the Company's named executive officers. The votes were cast as follows: Votes For Votes Withheld Abstain Broker Non-Votes 61,043,523 76,115,132 4,409,755 20,314,412 On an advisory basis, the compensation of the Company's named executive officers as set forth in the proxy statement was not approved by the stockholders. Proposal 3: Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The votes were cast as follows: Votes For Votes Withheld Abstain Broker Non-Votes 160,293,491 1,292,386 296,945 — The Company's stockholders ratified the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for its fiscal year ending December 31, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUNRUN INC. By: /s/ Jeanna Steele Jeanna Steele Chief Legal Officer and Chief People Officer Date: June 21, 2024