Form 4: Sun Country Airlines Executive Sells Shares for Tax
Insider Transaction Report
Sun Country Airlines' SVP, Head of Operations, Stephen Coley, sold 2,052 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Stephen Andrew Coley, SVP, Head of Operations at Sun Country Airlines Holdings, Inc. (SNCY), reported a transaction.
- The transaction involved the sale of 2,052 shares of common stock, par value $0.01 per share.
- The sale occurred on January 6, 2026, at a price of $15.086 per share.
- This sale was a 'sell to cover' transaction, mandated to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- The transaction does not represent a discretionary trade by Mr. Coley.
- Following the reported transaction, Mr. Coley beneficially owns 45,040 shares of common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary 'sell to cover' for tax purposes, which is a routine event and does not reflect a positive or negative sentiment regarding the company's performance or future prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine, non-discretionary stock transaction by an executive, which is common practice across industries for managing tax obligations related to equity compensation. It does not provide specific insights into broader airline industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as the transaction is a routine, non-discretionary sale for tax purposes and does not signal a change in insider confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of transaction (sale of shares) |
| 01/07/2026 | Date the Form 4 was signed by attorney-in-fact |
Keywords
SNCY, Sun Country Airlines, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding
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