Form 4: Sun Country Airlines Executive John Gyurci Reports Stock Transactions

Sentiment:

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

DateDescription
09/05/2024Sale of 3,000 shares of common stock at $11.2701 per share.
09/06/2024Exercise of stock options for 3,000 shares at $5.30 per share and sale of 3,000 shares at $11.30 per share.
09/09/2024Date of Form 4 signature.
11/21/2028Expiration date of employee stock options.

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