Form 4: Sun Country Airlines Officer Sells Shares for Tax

Sun Country Airlines' Chief Accounting Officer and VP of Finance, John Gyurci, sold 224 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• John Gyurci, Chief Accounting Officer and VP of Finance at Sun Country Airlines Holdings, Inc. (SNCY), reported a transaction on October 2, 2025.
• Gyurci sold 224 shares of SNCY common stock at a price of $11.6994 per share.
• This sale was a 'sell to cover' transaction, mandated to satisfy tax withholding obligations arising from the vesting of restricted stock units, and was not a discretionary trade.
• Following this transaction, Gyurci directly beneficially owns 24,885 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a routine 'sell to cover' for tax purposes, explicitly stated as non-discretionary. It does not indicate positive or negative sentiment regarding the company's performance or future prospects.

Future Outlook

No specific future outlook or guidance is provided in this insider transaction report.

Management Comments

• The sale represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units.
• This sale is mandated to satisfy the tax withholding obligations which are funded by a 'sell to cover' transaction and does not represent a discretionary trade by the reporting person.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes, which is common for executives receiving equity compensation. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax-related sale by an officer, not indicative of a change in company fundamentals or insider confidence.

Key Dates

Recommendation

The reported transaction is a routine 'sell to cover' to satisfy tax obligations related to restricted stock unit vesting, explicitly stated as not a discretionary trade. Such transactions are common for executives and do not typically signal a change in the company's fundamentals or the insider's confidence, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Sun Country Airlines, SNCY, John Gyurci, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Sell to Cover