Sun Country (SNCY) Rule 144 Notice — 5,000 Shares Proposed Sale
Rhea-AI Filing Summary
Form 144 notice filed for Sun Country Airlines Holdings, Inc. (SNCY). The filer reports a proposed sale of 5,000 common shares through Fidelity Brokerage Services with an aggregate market value of $65,904.41, and lists the approximate date of sale as 09/10/2025 on NASDAQ. The filing shows the securities were acquired by an option granted (original grant date noted as 11/21/2018) and the planned sale payment method is cash. The form also discloses three sales by John M. Gyurci within the past three months totaling 4,163 shares for gross proceeds of $49,197.44. The filer certifies no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale notice for 5,000 shares worth ~$66k; prior small dispositions in the quarter.
This Form 144 documents a proposed Rule 144 sale rather than an immediate market transaction, indicating the seller intends to comply with resale conditions for restricted or control stock. The 5,000-share position valued at $65,904 is modest relative to a typical public float for a NASDAQ-listed airline, suggesting limited direct market impact. Recent reported sales by John M. Gyurci totaling 4,163 shares and ~$49k in proceeds show ongoing, small-scale dispositions rather than a single large liquidation. For investors, the form provides transparency on planned insider liquidity but does not, by itself, signal a material change to company fundamentals.
TL;DR: Compliance-focused disclosure of planned insider sale; governance procedure appears followed.
The filing includes required representations about absence of undisclosed material information and references potential trading-plan considerations. The disclosure that the shares were acquired via an option granted in 2018 and will be sold for cash aligns with standard executive or employee equity monetization practices. The scale of the proposed sale is small and prior recent sales are also limited, which reduces governance concern about a significant insider exit. Documentation appears to meet Rule 144 notice requirements.