Sun Country Airlines chief revenue officer sells $14,918 in stock

Whitney Grant, the Chief Revenue Officer and Senior Vice President of Sun Country Airlines Holdings , Inc. (NASDAQ:SNCY), recently sold shares of the company in transactions that took place on April 1 and April 2, 2025. The stock, which InvestingPro data shows has declined over 8% in the past week, currently trades at a P/E ratio of 11.3x with a market capitalization of $594 million. According to a recent SEC filing, Grant sold a total of 1,287 shares in two separate transactions.

The first transaction involved the sale of 404 shares at an average price of $12.0567 per share, amounting to a total of approximately $4,870. This sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units. The second transaction saw the sale of 883 shares at an average price of $11.38 per share, totaling about $10,048. This sale was executed under a pre-established Rule 10b5-1 trading plan adopted on March 4, 2024. The company maintains a solid financial profile with an EBITDA of $203 million in the last twelve months.

Following these transactions, Grant now holds 28,086 shares of Sun Country Airlines. For comprehensive insider trading analysis and additional insights, including 8 key ProTips about SNCY’s financial health and market position, visit InvestingPro.

In other recent news, Sun Country Airlines Holdings, Inc. reported its fourth-quarter and full-year 2024 earnings, showcasing record revenue figures. The airline achieved a total revenue of $260.4 million for Q4, marking a 6.1% increase year-over-year, and reported its highest annual revenue on record at $1.08 billion. In a strategic financial move, Sun Country Airlines completed a secondary public offering and a concurrent share repurchase, although the airline did not receive proceeds from the sale of shares. The company also entered into a significant agreement with Synchrony Bank to launch a co-branded credit card program, expected to commence in the fourth quarter of 2025. Additionally, Sun Country Airlines provided a revised financial and operational outlook, though specific details were not disclosed publicly. The airline’s recent developments include a focus on expanding its cargo fleet, with plans to double revenue in this segment. These updates reflect Sun Country Airlines’ ongoing efforts to strengthen its financial position and strategic direction in the dynamic airline industry.

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