Form 4: Sun Country Airlines Director Thomas Kennedy Granted Restricted Stock Units

Sun Country Airlines Holdings, Inc. Director Thomas C. Kennedy was granted 10,390 restricted stock units, which are set to vest on June 11, 2026.

Summary

• Thomas C. Kennedy, a Director of Sun Country Airlines Holdings, Inc. (SNCY), acquired 10,390 shares of common stock on June 11, 2025.
• These shares were granted as restricted stock units (RSUs) under the company's 2021 Omnibus Incentive Plan.
• The acquisition price for these RSUs was $0, indicating a grant rather than a cash purchase.
• The granted restricted stock units are scheduled to vest on June 11, 2026.
• Following this transaction, Mr. Kennedy's beneficial ownership of common stock increased to 37,862 shares.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive sign of alignment between management and shareholder interests, though it's a routine compensation event rather than a significant operational or financial announcement.

Positives

• The grant of restricted stock units to Director Thomas C. Kennedy aligns his interests with those of shareholders, incentivizing long-term performance and value creation for Sun Country Airlines.

Future Outlook

The 10,390 restricted stock units granted to Director Thomas C. Kennedy are scheduled to vest on June 11, 2026, indicating a future equity stake for the director contingent on continued service.

Industry Context

This filing reflects a standard practice of executive and director compensation through equity grants within the airline industry, aiming to align leadership incentives with company performance and shareholder value.

Stakeholder Impact

• Shareholders: The grant of equity to a director helps align their interests with those of shareholders, potentially leading to decisions that enhance long-term shareholder value.

Next Steps

• The restricted stock units are scheduled to vest on June 11, 2026, at which point they will convert into common stock.

Key Dates

Keywords

Sun Country Airlines, SNCY, Thomas C Kennedy, Restricted Stock Units, RSU, Insider Trading, SEC Form 4, Director Compensation, Equity Grant