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SNCY Insider Filing: 67,970 RSUs Awarded to CFO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Daniel Torque Zubeck, Senior Vice President & Chief Financial Officer of Sun Country Airlines Holdings, Inc. (SNCY), reported a grant of 67,970 restricted stock units (RSUs) under the companys 2021 Omnibus Incentive Plan. The RSUs were granted on 10/01/2025 and are scheduled to vest in three equal tranches, with one-third vesting and being settled on October 1 of each of the next three years, subject to continued employment. The Form 4 was signed on 10/02/2025 by an attorney-in-fact.

Positive

  • 67,970 RSUs granted to the CFO on 10/01/2025
  • RSUs vest in three equal tranches on October 1 of the next three years, supporting retention

Negative

  • None.

Insights

CFO received a time-based equity award of 67,970 RSUs vesting over three years.

The filing documents a non-cash grant of 67,970 RSUs to Daniel Torque Zubeck on 10/01/2025 under the 2021 Omnibus Incentive Plan. One-third of the award vests on October 1 of each of the next three years, conditioned on continued employment.

This is a standard time-based retention award disclosed as a Section 16 filing; it increases the officers potential future equity stake but does not reflect any immediate cash transaction or change in exercised options.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Zubeck Daniel Torque

(Last) (First) (Middle)
C/O SUN COUNTRY AIRLINES HOLDINGS, INC.
2005 CARGO ROAD

(Street)
MINNEAPOLIS MN 55450

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sun Country Airlines Holdings, Inc. [ SNCY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 10/01/2025 A 67,970(1) A $0 67,970 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the grant of restricted stock units made under the Sun Country Airlines Holdings, Inc. 2021 Omnibus Incentive Plan ("RSUs"). 1/3rd of these RSUs will vest and be settled on October 1st of the next three years, subject to continued employment.
/s/ Rose Neale, attorney-in-fact for Daniel Torque Zubeck 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sun Country (SNCY) disclose in the Form 4 for 10/01/2025?

The Form 4 reports a grant of 67,970 restricted stock units to CFO Daniel Torque Zubeck on 10/01/2025 under the 2021 Omnibus Incentive Plan.

How do the RSUs to Daniel Torque Zubeck vest?

The RSUs vest in three equal tranches, with one-third settling on October 1 of each of the next three years, subject to continued employment.

Was there any cash paid for the RSU grant disclosed on the Form 4?

No cash was paid; the transaction is reported with a price of $0, indicating a grant of restricted stock units rather than a purchase.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by Rose Neale, attorney-in-fact, for Daniel Torque Zubeck on 10/02/2025.

What plan governs the RSU grant reported on the Form 4?

The RSUs were granted under the Sun Country Airlines Holdings, Inc. 2021 Omnibus Incentive Plan.
Sun Country Airlines Holdings, Inc.

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902.47M
49.79M
5.11%
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8.99%
Airlines
Air Transportation, Scheduled
Link
United States
MINNEAPOLIS