Summary by Futu AI
On September 30, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G/A with the Securities and Exchange Commission, disclosing an 18.9% ownership stake in Sunrun Inc., a company specializing in residential solar panels. The filing indicates that BlackRock has sole dispositive power over 42,260,731 shares of Sunrun's common stock. This amendment represents a routine update required by securities regulations to report changes in significant share ownership. The filing also notes that BlackRock is not seeking to change or influence the control of Sunrun Inc. and that the shares were acquired in the ordinary course of business. The iShares Core S&P Small-Cap ETF, managed by BlackRock, is identified as holding more than 5% of Sunrun's total outstanding common stock. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated October 18, 2024.