Coley Stephen Andrew 4
4 · Sun Country Airlines Holdings, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Sun Country Airlines (SNCY) COO Coley Sells 1,202 Shares
What Happened
Coley Stephen Andrew (Chief Operating Officer) reported the sale of 1,202 shares of Sun Country Airlines (SNCY) on 2026-05-04. The shares were sold at $15.68 each for total proceeds of $18,846. The filing notes this sale was to cover tax withholding obligations related to the vesting of restricted stock units (RSUs), not a discretionary open-market sale.
Key Details
- Transaction date: 2026-05-04; Filing date: 2026-05-06 (timely filing)
- Sale details: 1,202 shares sold at $15.68 per share; total proceeds $18,846
- Shares owned after transaction: Not specified in the Form 4
- Footnote: Sale was a “sell-to-cover” to satisfy tax withholding tied to RSU vesting (mandated, not discretionary)
- Transaction code: S (sale); footnote code F1 indicates tax-withholding sale
Context
A sell-to-cover is a common, administrative transaction when RSUs vest: shares are sold automatically to fund the employee’s tax withholding. Such sales do not necessarily indicate the insider’s view of the company’s prospects. This was not reported as a gift, option exercise, or 10% owner transaction.
Insider Transaction Report
- Sale
Common Stock, par value $0.01 per share
[F1]2026-05-04$15.68/sh−1,202$18,846→ 6,294 total
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 arefunded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.