Coley Stephen Andrew 4

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.