Form 4: Sun Country Airlines Executive John Gyurci Reports Stock Transactions
SEC Form 4 Filing
John Gyurci, Chief Accounting Officer & VP of Finance at Sun Country Airlines, reports the acquisition and disposal of company stock and stock options.
Summary
- On September 5, 2024, John Gyurci sold 3,000 shares of Sun Country Airlines common stock at a price of $11.2701 per share.
- On September 6, 2024, Gyurci exercised an option to acquire 3,000 shares at $5.30 per share.
- Also on September 6, 2024, Gyurci sold 3,000 shares of common stock at a price of $11.30 per share.
- Following these transactions, Gyurci directly owns 14,407 shares of Sun Country Airlines common stock.
- Gyurci also holds 129,558 employee stock options.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.
Comparison to Industry Standards
- Executive stock transactions are a normal part of corporate governance.
- Similar filings are made by executives at comparable airlines like Delta, United, and Southwest.
- The size and frequency of these transactions are typical for executives at this level.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Sale of 3,000 shares of common stock at $11.2701 per share. |
| 09/06/2024 | Exercise of stock options for 3,000 shares at $5.30 per share and sale of 3,000 shares at $11.30 per share. |
| 09/09/2024 | Date of Form 4 signature. |
| 11/21/2028 | Expiration date of employee stock options. |
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