Form 4: Sun Country Airlines Director Patrick J. O'Keeffe Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Patrick J. O'Keeffe reports acquisition of restricted stock units and disposal of common stock in Sun Country Airlines Holdings, Inc.

Summary

  • Patrick J. O'Keeffe, a director of Sun Country Airlines Holdings, Inc., filed a Form 4 with the SEC.
  • The report details changes in his beneficial ownership of the company's securities.
  • On June 12, 2024, O'Keeffe acquired 11,386 shares of common stock through a grant of restricted stock units under the 2021 Omnibus Incentive Plan.
  • These restricted stock units will vest on June 12, 2025.
  • On the same day, O'Keeffe disposed of 28,703 shares of common stock.
  • Following these transactions, O'Keeffe directly owns 28,703 shares of Sun Country Airlines Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates

DateDescription
06/12/2024Date of transaction: acquisition of restricted stock units and disposal of common stock.
06/12/2025Vesting date for the 11,386 restricted stock units.
06/14/2024Date of signature on the Form 4 filing.

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