Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-05-28

Sunnova Energy International (NOVA)

CEO William Berger was paid $5,865,040 in fiscal year 2023, ↑ up 9.5% from fiscal year 2022, the 55th percentile of its disclosed peer group (SEC filing 0001772695-24-000049 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,865,040 ↑
William Berger total, FY2023
55th
CEO pay percentile vs peers
89:1
CEO-to-median pay ratio
78.73%
Say-on-pay support, latest vote

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01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
William Berger$620,833$0$489,645$4,000,000$734,468$0$20,094$5,865,040
Chairman, President and Chief Executive Officer
Michael Grasso367,70801,352,4941,200,000228,741015,3503,164,293
Executive Vice President, Chief Revenue Officer
Robert Lane400,0000938,660800,000207,990013,2002,359,850
Executive Vice President, Chief Financial Officer
David Searle305,5290993,645562,500196,71707,5002,065,891
Executive Vice President, General Counsel and Chief Compliance Officer
Paul Mathews329,56750,000802,794562,500210,4410121,0302,026,332
Executive Vice President, Chief Operating Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
William Berger$5,865,040$5,358,001—↑ +507,039
Michael Grasso3,164,2931,641,427—↑ +1,522,866
Robert Lane2,359,8502,152,358—↑ +207,492
David Searle2,065,891———
Paul Mathews2,026,332———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against NOVA
6 companies name NOVA as a compensation peer

The list of companies that name NOVA as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2023 total
Akbar MohamedIndependent Director$197,113
Anne S. AndrewIndependent Director$206,948
C. Park ShaperIndependent Director$199,456
Mark LongstrethIndependent Director—
Mary YangIndependent Director$192,342
Michael C. MorganIndependent Director$186,411
Nora Mead BrownellIndependent Director$215,079
Rahman D'ArgenioIndependent Director—
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Nora Mead BrownellDirector2024-12-31D15,789$0$0Derivative, Class A CommonForm 4 ↗
Nora Mead BrownellDirector2024-12-31A15,78900CommonForm 4 ↗
Dividend-equivalent accruals2025-01-31—1,711——1 insider, 1 accrual row
Paul MathewsSee Remarks2025-01-31A1,71100CommonForm 4 ↗
Paul MathewsSee Remarks2025-02-03D56221,332CommonForm 4 ↗
David SearleSee Remarks.2025-02-21A5,90300Derivative, Class A CommonForm 4 ↗
David SearleSee Remarks.2025-02-21D1,75123,414CommonForm 4 ↗
David SearleSee Remarks.2025-02-21A5,90300CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-05A239,80800Derivative, Class A CommonForm 4 ↗
Eric Michael WilliamsEVP, Chief Financial Officer2025-03-05A1,199,04000Derivative, Class A CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-05A1,151,07900Derivative, Class A CommonForm 4 ↗
Paul MathewsSee Remarks2025-03-05A1,151,07900Derivative, Class A CommonForm 4 ↗
David SearleSee Remarks.2025-03-05A671,46200Derivative, Class A CommonForm 4 ↗
Jack O. Lynch IIISee Remarks2025-03-05A431,65400Derivative, Class A CommonForm 4 ↗
William J. BergerDirector2025-03-17D238,09800Derivative, Class A CommonForm 4 ↗
William J. BergerDirector2025-03-17D64,084021,122CommonForm 4 ↗
William J. BergerDirector2025-03-17A238,09800CommonForm 4 ↗
Paul MathewsDirector2025-03-18A1,522,79500Derivative, Class A CommonForm 4 ↗
Paul MathewsDirector2025-03-18A993,78800Derivative, Class A CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22A7,17000CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22D2,1110866CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22D5,22102,141CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22A14,63100CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22D7,17000Derivative, Class A CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22A14,63100Derivative, Class A CommonForm 4 ↗
Alisha LevestonSee Remarks.2025-03-28A543,47800Derivative, Class A CommonForm 4 ↗
C. Park ShaperDirector2025-05-15D24,94800Derivative, Class A CommonForm 4 ↗
C. Park ShaperDirector2025-05-15A24,94800CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15D18,19100Derivative, Class A CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15D24,94800Derivative, Class A CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15A18,19100CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15A24,94800CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 32 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Nora Mead BrownellDirector2024-12-31D15,789$0$0Derivative, Class A CommonForm 4 ↗
Nora Mead BrownellDirector2024-12-31A15,78900CommonForm 4 ↗
Paul MathewsSee Remarks2025-01-31D1,71100Derivative, Class A CommonForm 4 ↗
Paul MathewsSee Remarks2025-01-31A1,71100CommonForm 4 ↗
Paul MathewsSee Remarks2025-02-03D56221,332CommonForm 4 ↗
David SearleSee Remarks.2025-02-21A5,90300Derivative, Class A CommonForm 4 ↗
David SearleSee Remarks.2025-02-21D1,75123,414CommonForm 4 ↗
David SearleSee Remarks.2025-02-21A5,90300CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-05A239,80800Derivative, Class A CommonForm 4 ↗
Eric Michael WilliamsEVP, Chief Financial Officer2025-03-05A1,199,04000Derivative, Class A CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-05A1,151,07900Derivative, Class A CommonForm 4 ↗
Paul MathewsSee Remarks2025-03-05A1,151,07900Derivative, Class A CommonForm 4 ↗
David SearleSee Remarks.2025-03-05A671,46200Derivative, Class A CommonForm 4 ↗
Jack O. Lynch IIISee Remarks2025-03-05A431,65400Derivative, Class A CommonForm 4 ↗
William J. BergerDirector2025-03-17D238,09800Derivative, Class A CommonForm 4 ↗
William J. BergerDirector2025-03-17D64,084021,122CommonForm 4 ↗
William J. BergerDirector2025-03-17A238,09800CommonForm 4 ↗
Paul MathewsDirector2025-03-18A1,522,79500Derivative, Class A CommonForm 4 ↗
Paul MathewsDirector2025-03-18A993,78800Derivative, Class A CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22A7,17000CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22D2,1110866CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22D5,22102,141CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22A14,63100CommonForm 4 ↗
Meghan NuttingSee Remarks2025-03-22D7,17000Derivative, Class A CommonForm 4 ↗
Michael GrassoSee Remarks2025-03-22A14,63100Derivative, Class A CommonForm 4 ↗
Alisha LevestonSee Remarks.2025-03-28A543,47800Derivative, Class A CommonForm 4 ↗
C. Park ShaperDirector2025-05-15D24,94800Derivative, Class A CommonForm 4 ↗
C. Park ShaperDirector2025-05-15A24,94800CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15D18,19100Derivative, Class A CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15D24,94800Derivative, Class A CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15A18,19100CommonForm 4 ↗
Anne S. AndrewDirector2025-05-15A24,94800CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
William BergerRSU2023-03-10——22,568—$368,084
Robert LaneOPTION2023-03-22——41,518—349,997
Paul MathewsRSU2023-01-31——5,133—99,991
David SearleOPTION2023-04-21——24,845—281,245
William BergerOPTION2023-03-22——158,165—1,333,331
Paul MathewsOPTION2023-04-21——24,141—281,243
William BergerOPTION2023-03-22——153,609—1,333,326
Paul MathewsRSU2023-04-21——31,180—562,487
Michael GrassoOPTION2023-03-22——31,138—262,493
David SearleRSU2023-02-21——17,709—299,990
Robert LaneRSU2023-03-10——8,206—133,840
Paul MathewsOPTION2023-04-21——24,845—281,245
Michael GrassoRSU2023-03-10——7,905—128,931
David SearleOPTION2023-04-21——24,141—281,243
Michael GrassoOPTION2023-03-22——30,241—262,492
Michael GrassoOPTION2023-09-15——37,063—318,742
Robert LaneOPTION2023-03-22——40,322—349,995
William BergerOPTION2023-03-22——161,812—1,333,331
Michael GrassoOPTION2023-09-15——38,082—318,746
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
William Berger$368,084$0$3,999,9880.0%
Robert Lane133,8400699,9920.0%
Paul Mathews662,4780562,4880.0%
David Searle299,9900562,4880.0%
Michael Grasso128,93101,162,4730.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Paul MathewsRSU31,180—$475,495
Michael GrassoRSU9,103—138,821
Paul MathewsOption24,84519.84—
William BergerOption012.44—
Robert LaneOption24,54225.63—
Robert LaneOption40,32213.53—
Michael GrassoOption17,58028.19—
Robert LaneOption25,49228.19—
Paul MathewsRSU5,133—78,278
William BergerOption024.87—
William BergerOption90,27325.63—
William BergerOption93,76428.19—
Michael GrassoOption64,29424.87—
Michael GrassoOption30,24113.53—
Paul MathewsOption24,14118.04—
Michael GrassoOption37,06312.86—
Michael GrassoOption38,08214.15—
Michael GrassoOption16,92625.63—
Robert LaneOption41,51814.88—
Michael GrassoOption6,08840.5—
William BergerOption158,16514.88—
William BergerOption027.16—
William BergerOption013.58—
Michael GrassoRSU116,985—1,784,022
Robert LaneRSU89,826—1,369,847
Michael GrassoRSU160,403—177,118
William BergerRSU357,145—5,446,461
Michael GrassoRSU49,572—755,973
Robert LaneRSU28,287—431,377
Robert LaneRSU51,736—788,974
Michael GrassoRSU38,802—591,731
Michael GrassoRSU19,508—297,497
Robert LaneRSU9,803—149,496
Robert LaneRSU6,556—138,431
William BergerOption96,61830.76—
William BergerOption161,81216.24—
William BergerOption153,60913.53—
Robert LaneOption6,55740.5—
Michael GrassoOption90,02112.44—
Michael GrassoOption31,13814.88—
05

Incentive-plan design — the Compensation Discussion & Analysis

We design the structure of the executive compensation program to support this culture, encourage a high degree of collaboration, and reward individuals for achieving challenging financial and strategic objectives that we believe lead to the creation of sustained, long-term stockholder value.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-05-1563,428,35317,137,97382,62678.73%Passed
20232023-05-1766,251,56325,981,50442,71771.83%Passed
20222022-05-1888,100,4459,576,86462,85590.2%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20242024-05-1578.73%a
20232023-05-1771.83%b
20222022-05-1890.2%c

a. Approved under the standard stated in the filing — “With respect to the non-binding advisory vote on the compensation of our named executive officers... abstentions will have no effect on the outcome.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of these proposals.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of these proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)89 : 1
CEO total compensation$5,865,040
Median employee compensation$65,792
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Nora Mead BrownellIndependent · Compensation and Human Capital (Chair) · Nominating, Corporate Governance and Sustainability—$200,000$0$0$15,079$215,079
Anne S. AndrewIndependent · Nominating, Corporate Governance and Sustainability (Chair)—205,363001,585206,948
C. Park ShaperIndependent · Audit (Chair)79,456120,00000—199,456
Akbar MohamedIndependent · Audit · Nominating, Corporate Governance and Sustainability—195,000002,113197,113
Mary YangIndependent · Audit70,000120,000002,342192,342
Michael C. MorganIndependent · Compensation and Human Capital66,411120,00000—186,411
Rahman D'ArgenioIndependent · Compensation and Human Capital000000
Mark LongstrethIndependent · Audit · Nominating, Corporate Governance and Sustainability000000
William J. BergerEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$120,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 12,500
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$215,867
Equity awards (grant-date value)$960,363
All other compensation$21,119
Total cost of the board$1,197,349

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Sunnova Energy International names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Sunnova Energy International.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Enphase Energy, Inc.2025Badrinarayanan Kothandaraman$450,000$8,844,624$0$306,752$9,601,958
2Generac Holdings, Inc.2025Aaron Jagdfeld1,090,5485,250,1851,750,006683,2868,809,765
3Sunrun, Inc.2025Mary Powell850,0005,767,49001,698,3008,331,132
4Fluence Energy, Inc.2025Julian Nebreda965,0004,400,0301,100,001425,7636,909,044
5Array Technologies, Inc.2025Kevin Hostetler869,1354,776,33401,126,5636,803,799
6Sunnova Energy International2023William Berger620,833489,6454,000,000734,4685,865,040
7ChargePoint Holdings2026Rick Wilmer625,0003,481,013004,106,013
8Ormat Technologies, Inc.2025Doron Blachar641,0622,000,0000816,0003,618,005
9Altus Power, Inc.2023Gregg Felton550,0002,944,134003,494,134
10Ameresco, Inc.2025George Sakellaris1,500,000155,1001,385,99903,339,804
11Clearway Energy2025Craig Cornelius02,899,181002,899,181
12Stem, Inc.2025Arun Narayanan520,266791,213002,068,248
—SunPower Corporation——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Sunnova Energy International126%Options 100not disclosedPearl Meyer
Altus Power, Inc.not disclosednot disclosedNoPearl Meyer
Ameresco, Inc.95%not disclosedNoFW Cook
Array Technologies, Inc.103%RSU 50 · PSU 50NoPay Governance
ChargePoint Holdingsnot disclosedPSU 75 · RSU 25NoFW Cook
Clearway Energy123%PSU 67 · RSU 33Yes — Relative TSRPay Governance
Enphase Energy, Inc.68.2%PSU 67 · RSU 33Yes — Relative TSR vs. S&P 500Compensia
Fluence Energy, Inc.36%PSU 40 · RSU 40 · Options 20NoPay Governance
Generac Holdings, Inc.46%PSU 67 · RSU 33NoPay Governance
Ormat Technologies, Inc.97%PSU 60 · RSU 40Yes — Relative TSRF.W. Cook & Co.
Stem, Inc.129.8%RSU 50 · Options 25 · PSU 25NoFrederic W. Cook & Co., Inc.
SunPower Corporationnot disclosednot disclosednot disclosednot disclosed
Sunrun, Inc.133.2%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Sunnova Energy International in fiscal 2023?
As disclosed, William Berger (Chairman, President and Chief Executive Officer) was the highest-paid executive at Sunnova Energy International in fiscal 2023, with total compensation of $5,865,040.
How does Sunnova Energy International's chief executive pay compare to its disclosed peer group?
As disclosed, William Berger's total compensation ranked at the 55th percentile of Sunnova Energy International's disclosed peer group.
What is Sunnova Energy International's CEO-to-median employee pay ratio?
As disclosed, Sunnova Energy International's CEO-to-median employee pay ratio was 89:1.
How did shareholders vote on Sunnova Energy International's executive compensation?
As disclosed, 78.73% of shareholders supported Sunnova Energy International's executive compensation in the latest say-on-pay vote.
How much does Sunnova Energy International spend in total on board compensation for fiscal 2023?
As disclosed, Sunnova Energy International reported total board compensation of $1,197,349 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, William BergerDEF 14A2024-04-040001772695-24-000049Section “SUMMARY COMPENSATION TABLE”. As printed: 5,865,040. Filing ↗machine: span 634076–634085
2Section 01, Michael GrassoDEF 14A2024-04-040001772695-24-000049Section “SUMMARY COMPENSATION TABLE”. As printed: 3,164,293. Filing ↗machine: span 662078–662087
3Section 01, Robert LaneDEF 14A2024-04-040001772695-24-000049Section “SUMMARY COMPENSATION TABLE”. As printed: 2,359,850. Filing ↗machine: span 648187–648196
4Section 01, David SearleDEF 14A2024-04-040001772695-24-000049Section “SUMMARY COMPENSATION TABLE”. As printed: 2,065,891. Filing ↗machine: span 689951–689960
5Section 01, Paul MathewsDEF 14A2024-04-040001772695-24-000049Section “SUMMARY COMPENSATION TABLE”. As printed: 2,026,332. Filing ↗machine: t36 · r11 · c27 · span 675857–675866
6Section 03, William Berger RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 777978–777985
7Section 03, Robert Lane OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 796718–796725
8Section 03, Paul Mathews RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 813842–813848
9Section 03, David Searle OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 832468–832475
10Section 03, William Berger OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 784646–784655
11Section 03, Paul Mathews OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 820391–820398
12Section 03, William Berger OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 781669–781678
13Section 03, Paul Mathews RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 816817–816824
14Section 03, Michael Grasso OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 805339–805346
15Section 03, David Searle RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 825921–825928
16Section 03, Robert Lane RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 790171–790178
17Section 03, Paul Mathews OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 823365–823372
18Section 03, Michael Grasso RSUDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 799264–799271
19Section 03, David Searle OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 829494–829501
20Section 03, Michael Grasso OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 802365–802372
21Section 03, Michael Grasso OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 808312–808319
22Section 03, Robert Lane OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 793744–793751
23Section 03, William Berger OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 787623–787632
24Section 03, Michael Grasso OPTIONDEF 14A1900-01-010001772695-24-000049Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 811287–811294
25Section 07, pay ratioDEF 14A2024-04-040001772695-24-000049Section “CEO Pay Ratio”. As printed: 89 : 1. Filing ↗machine: span 1117430–1117432
26Section 08, Nora Mead BrownellDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 215,079. Filing ↗machine: t17 · r3 · c8 · span 337693–337919
27Section 08, Anne S. AndrewDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 206,948. Filing ↗machine: t17 · r2 · c8 · span 336237–336492
28Section 08, C. Park ShaperDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 199,456. Filing ↗machine: t17 · r6 · c8 · span 341960–342186
29Section 08, Akbar MohamedDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 197,113. Filing ↗machine: t17 · r4 · c8 · span 339114–339340
30Section 08, Mary YangDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 192,342. Filing ↗machine: t17 · r7 · c8 · span 343376–343602
31Section 08, Michael C. MorganDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 186,411. Filing ↗machine: t17 · r5 · c8 · span 340537–340763
32Section 08, Rahman D'ArgenioDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 0. Filing ↗
33Section 08, Mark LongstrethDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 0. Filing ↗
34Section 08, William J. BergerDEF 14A2024-04-040001772695-24-000049Section “Director Compensation”. As printed: 0. Filing ↗
35Section 02, Nora Mead Brownell 2024-12-31Form 42025-01-020001608828-25-000002Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Nora Mead Brownell 2024-12-31Form 42025-01-020001608828-25-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Paul Mathews 2025-01-31Form 42025-02-040001608828-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Paul Mathews 2025-01-31Form 42025-02-040001608828-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Paul Mathews 2025-02-03Form 42025-02-040001608828-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, David Searle 2025-02-21Form 42025-02-250001608828-25-000016Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, David Searle 2025-02-21Form 42025-02-250001608828-25-000016Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, David Searle 2025-02-21Form 42025-02-250001608828-25-000016Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Meghan Nutting 2025-03-05Form 42025-03-070001608828-25-000026Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Eric Michael Williams 2025-03-05Form 42025-03-070001608828-25-000027Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Michael Grasso 2025-03-05Form 42025-03-070001608828-25-000028Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Paul Mathews 2025-03-05Form 42025-03-070001608828-25-000029Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, David Searle 2025-03-05Form 42025-03-070001608828-25-000030Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Jack O. Lynch III 2025-03-05Form 42025-03-070001608828-25-000031Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, William J. Berger 2025-03-17Form 42025-03-190001772695-25-000030Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, William J. Berger 2025-03-17Form 42025-03-190001772695-25-000030Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, William J. Berger 2025-03-17Form 42025-03-190001772695-25-000030Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Paul Mathews 2025-03-18Form 42025-03-200001772695-25-000032Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Paul Mathews 2025-03-18Form 42025-03-200001772695-25-000032Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Meghan Nutting 2025-03-22Form 42025-03-250001772695-25-000036Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Meghan Nutting 2025-03-22Form 42025-03-250001772695-25-000036Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Michael Grasso 2025-03-22Form 42025-03-250001772695-25-000038Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael Grasso 2025-03-22Form 42025-03-250001772695-25-000038Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Meghan Nutting 2025-03-22Form 42025-03-250001772695-25-000036Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Michael Grasso 2025-03-22Form 42025-03-250001772695-25-000038Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Alisha Leveston 2025-03-28Form 42025-04-010001772695-25-000052Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, C. Park Shaper 2025-05-15Form 42025-05-190001772695-25-000086Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, C. Park Shaper 2025-05-15Form 42025-05-190001772695-25-000086Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Anne S. Andrew 2025-05-15Form 42025-05-190001772695-25-000089Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Anne S. Andrew 2025-05-15Form 42025-05-190001772695-25-000089Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Anne S. Andrew 2025-05-15Form 42025-05-190001772695-25-000089Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Anne S. Andrew 2025-05-15Form 42025-05-190001772695-25-000089Insider equity transaction reported since the proxy statement. Filing ↗
67Section 06, 2024 voteForm 8-K2024-05-210001772695-24-000058Item 5.07 · say-on-pay result. As reported: 78.73% (votes for as printed: 63,428,353.15). Filing ↗
68Section 06, 2023 voteForm 8-K2023-05-180001772695-23-000075Item 5.07 · say-on-pay result. As reported: 71.83% (votes for as printed: 66,251,563). Filing ↗
69Section 06, 2022 voteForm 8-K2022-05-180001772695-22-000085Item 5.07 · say-on-pay result. As reported: 90.2%. Filing ↗
70Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
71Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
72Section 09b board cost (computed)Computed——Cash 215,867 + equity 960,363 + all other 21,119 = 1,197,349, summed across the director compensation table rows.machine: formula: Σ = 1,197,349
73Enphase Energy, Inc., Section 10b CEO totalDEF 14A2026-04-010001463101-26-000026CEO total compensation as printed in Enphase Energy, Inc.'s own proxy. As printed: 9,601,958. Filing ↗machine: span 731757–731766
74Generac Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-051499CEO total compensation as printed in Generac Holdings, Inc.'s own proxy. As printed: 8,809,765. Filing ↗machine: r1 · c48 · span 700297–700306
75Sunrun, Inc., Section 10b CEO totalDEF 14A2026-04-150001469367-26-000029CEO total compensation as printed in Sunrun, Inc.'s own proxy. As printed: 8,331,132. Filing ↗machine: r3 · c24 · span 715556–715566
76Fluence Energy, Inc., Section 10b CEO totalDEF 14A2026-01-260001140361-26-002380CEO total compensation as printed in Fluence Energy, Inc.'s own proxy. As printed: 6,909,044. Filing ↗machine: r2 · c25 · span 1396025–1396034
77Array Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-070001140361-26-013682CEO total compensation as printed in Array Technologies, Inc.'s own proxy. As printed: 6,803,799. Filing ↗machine: t254 · r2 · c22 · span 1316076–1316085
78Sunnova Energy International (subject), Section 10b CEO totalDEF 14A2024-04-040001772695-24-000049CEO total compensation as printed in Sunnova Energy International's own proxy. As printed: 5,865,040. Filing ↗machine: span 634076–634085
79ChargePoint Holdings, Section 10b CEO totalDEF 14A2026-05-280001777393-26-000022CEO total compensation as printed in ChargePoint Holdings's own proxy. As printed: 4,106,013. Filing ↗machine: t18 · r2 · c28 · span 464412–464421
80Ormat Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-210001193125-26-166752CEO total compensation as printed in Ormat Technologies, Inc.'s own proxy. As printed: 3,618,005. Filing ↗machine: r5 · c14 · span 1948476–1948485
81Altus Power, Inc., Section 10b CEO totalDEF 14A2024-04-110001828723-24-000049CEO total compensation as printed in Altus Power, Inc.'s own proxy. As printed: 3,494,134. Filing ↗machine: r5 · c18 · span 256111–256120
82Ameresco, Inc., Section 10b CEO totalDEF 14A2026-04-230001628280-26-026695CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. Filing ↗machine: r2 · c39 · span 713614–713623
83Clearway Energy, Section 10b CEO totalDEF 14A2026-03-240001104659-26-033918CEO total compensation as printed in Clearway Energy's own proxy. As printed: 2,899,181. Filing ↗machine: r1 · c53 · span 1183724–1183733
84Stem, Inc., Section 10b CEO totalDEF 14A2026-04-240001758766-26-000037CEO total compensation as printed in Stem, Inc.'s own proxy. As printed: 2,068,248. Filing ↗machine: t28 · r2 · c8 · span 503952–503961
85Section 10a, Stem, Inc. reciprocityDEF 14A—0001758766-26-000037Stem, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
86Section 10a, Ameresco, Inc. reciprocityDEF 14A—0001628280-26-026695Ameresco, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
87Section 10a, Array Technologies, Inc. reciprocityDEF 14A—0001140361-26-013682Array Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
88Section 10a, ChargePoint Holdings reciprocityDEF 14A—0001777393-26-000022ChargePoint Holdings names Sunnova Energy International in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Clearway Energy reciprocityDEF 14A—0001104659-26-033918Clearway Energy's most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
90Section 10a, Generac Holdings, Inc. reciprocityDEF 14A—0001104659-26-051499Generac Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
91Section 10a, Enphase Energy, Inc. reciprocityDEF 14A—0001463101-26-000026Enphase Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
92Section 10a, Fluence Energy, Inc. reciprocityDEF 14A—0001140361-26-002380Fluence Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Sunnova Energy International. Filing ↗
93Section 10a, Sunrun, Inc. reciprocityDEF 14A—0001469367-26-000029Sunrun, Inc. names Sunnova Energy International in its own disclosed peer group (read from its most recent proxy). Filing ↗

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