Sun Country Airlines (SNCY) officer mandated tax share sale disclosed
Rhea-AI Filing Summary
Sun Country Airlines Holdings, Inc. insider activity: Erin Rose Neale, the company’s SVP and Chief Legal Officer, reported a sale of 2,257 shares of common stock on January 12, 2026 at a price of $17.526 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations tied to the vesting of restricted stock units, using a mandated “sell to cover” transaction rather than a discretionary trade. Following this tax-related sale, Neale beneficially owns 38,931 shares of Sun Country common stock directly.
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FAQ
What insider transaction did SNCY report for Erin Rose Neale?
The filing reports that Erin Rose Neale, SVP and Chief Legal Officer of Sun Country Airlines Holdings, Inc., sold 2,257 shares of common stock on January 12, 2026.
At what price were Sun Country (SNCY) shares sold in this Form 4?
The reported transaction shows a sale price of $17.526 per share for the 2,257 shares of Sun Country common stock.
Why did the Sun Country insider sell 2,257 shares?
The footnote explains the 2,257 shares were sold to cover tax withholding obligations arising from the vesting of restricted stock units, funded through a mandated “sell to cover” transaction.
Does this SNCY Form 4 indicate a discretionary trade by the insider?
No. The disclosure states that the sale was mandated to satisfy tax withholding obligations and does not represent a discretionary trade by the reporting person.
How many Sun Country (SNCY) shares does Erin Rose Neale own after the sale?
After the reported sale, Erin Rose Neale beneficially owns 38,931 shares of Sun Country common stock, held directly.
What is Erin Rose Neale’s role at Sun Country Airlines Holdings, Inc.?
Erin Rose Neale is reported as an officer of the company, serving as SVP, Chief Legal Officer.