Form 4: Sun Country Airlines CEO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sun Country Airlines CEO Jude Bricker sold 2,172 shares of common stock on April 1, 2025, at a price of $12.0177 per share to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On April 1, 2025, Jude Bricker, the CEO of Sun Country Airlines Holdings, Inc., sold 2,172 shares of the company's common stock.
- The sale was executed at a price of $12.0177 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Bricker directly owns 127,589 shares of Sun Country Airlines Holdings, Inc.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't suggest any significant positive or negative sentiment regarding the company's prospects.
Management Comments
- The sale is mandated to satisfy the tax withholding obligations which are funded by a 'sell to cover' transaction and does not represent a discretionary trade by the reporting person.
Industry Context
Executive stock sales to cover tax obligations are a common practice and do not necessarily indicate a negative outlook on the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock sale transaction. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Sun Country Airlines, Jude Bricker, stock sale, Form 4, tax withholding, restricted stock units, SNCY
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.