Sun Country Airlines (SNCY) SVP sells 1,565 shares for taxes on RSU vesting
Rhea-AI Filing Summary
Sun Country Airlines Holdings, Inc. executive Colton Matthew Snow, SVP and Chief Marketing Officer, reported an automatic stock sale related to equity compensation. On 01/06/2026, he sold 1,565 shares of common stock at $15.085 per share in a transaction coded "S." After this sale, he beneficially owned 34,686 shares directly.
According to the filing, the shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units. The transaction was described as a mandated "sell to cover" for taxes and not a discretionary trade by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 1,565 | $15.085 | $24K |
Footnotes (1)
- F1. 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.
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FAQ
Who is the insider involved in this SNCY Form 4 filing?
The insider is Colton Matthew Snow, who serves as SVP, Chief Marketing Officer of Sun Country Airlines Holdings, Inc.
Is this Sun Country (SNCY) insider sale part of a trading plan or discretionary selling?
The Form 4 explains that the sale was mandated to satisfy tax withholding obligations from restricted stock unit vesting and does not represent a discretionary trade by Colton Snow.