Apple announces iPhone 17 with 48MP cameras and 6.3-inch display
MINNEAPOLIS—John Gyurci, the Chief Accounting Officer and Vice President of Finance at Sun Country Airlines Holdings , Inc. (NASDAQ:SNCY), has sold a portion of his shares in the company. According to a recent SEC filing, Gyurci sold 318 shares of common stock on April 1, 2025, at an average price of $11.9819 per share, amounting to a total transaction value of $3,810. The transaction comes as Sun Country’s stock has declined 8.23% over the past week, though InvestingPro analysis suggests the stock is currently undervalued, with a P/E ratio of 11.32x.
The sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units. Following this transaction, Gyurci retains ownership of 17,573 shares in Sun Country Airlines. According to InvestingPro data, the company maintains a GOOD financial health score and has remained profitable over the last twelve months. Subscribers can access 8 additional ProTips and comprehensive analysis in the Pro Research Report.
This transaction is part of a "sell to cover" arrangement, which is a mandated sale to satisfy tax obligations and does not indicate a discretionary trade by the executive.
In other recent news, Sun Country Airlines Holdings, Inc. reported its fourth-quarter and full-year 2024 earnings, revealing record revenue figures. The airline achieved a total revenue of $260.4 million for Q4, marking a 6.1% increase year-over-year, and a record annual revenue of $1.08 billion. In a strategic financial move, Sun Country completed a secondary public offering and a concurrent share repurchase, involving the sale of 6,346,105 shares of its common stock. Additionally, Sun Country Airlines entered into a seven-year agreement with Synchrony Bank to launch a co-branded credit card program, which is expected to commence in the fourth quarter of 2025. The airline has also updated its financial outlook, with detailed information available in Exhibit 99.1 of the Form 8-K filed with the SEC. Sun Country Airlines has demonstrated robust performance, achieving its 10th consecutive profitable quarter, with operating margins reaching a record high of 10.6% for Q4. The company is also set to expand its cargo fleet, anticipating significant revenue growth, particularly through its partnership with Amazon (NASDAQ:AMZN).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.