Sun Country (SNCY) SVP sells shares to cover RSU taxes on Form 4 filing
Rhea-AI Filing Summary
Sun Country Airlines Holdings, Inc. reported an insider stock transaction by SVP, Head of Operations Stephen Andrew Coley. On January 6, 2026, he sold 2,052 shares of common stock at $15.086 per share. According to the disclosure, the shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units through a mandated “sell to cover” transaction, and the sale is described as not being a discretionary trade by the insider. After this transaction, he directly beneficially owns 45,040 shares of Sun Country common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,052 shares
Net Sell
1 txn
Insider
Coley Stephen Andrew
Role
SVP, Head of Operations
Sold
2,052 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 2,052 | $15.086 | $31K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 45,040 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sun Country Airlines (SNCY) report on this Form 4?
The filing reports that SVP, Head of Operations Stephen Andrew Coley sold 2,052 shares of Sun Country Airlines Holdings, Inc. common stock on January 6, 2026.
What is the role of the reporting person in Sun Country Airlines (SNCY)?
The reporting person, Stephen Andrew Coley, is an officer of Sun Country Airlines Holdings, Inc., serving as SVP, Head of Operations.
Was the Sun Country (SNCY) insider sale made under a discretionary trading decision?
No. The filing states the sale was mandated to satisfy tax withholding obligations from restricted stock unit vesting and "does not represent a discretionary trade" by the reporting person.