Sun Country Airlines VP Gyurci sells $2.6k in shares By Investing.com
Key Takeaways
- VP John Gyurci sold 224 shares of Sun Country Airlines stock to cover tax withholding obligations, not as a discretionary trade.
- Sun Country Airlines entered into a $108 million term loan facility to refinance five Boeing 737-900 aircraft.
- D. Torque Zubeck was appointed as the new Chief Financial Officer, effective September 2, 2025.
- Wendy Schoppert joined the Sun Country Airlines Board of Directors, effective October 1, 2025.
- TD Cowen maintained a Buy rating and a $20 price target for the airline, citing its stable business model.
Sun Country Airlines Holdings, Inc. saw several corporate activities, including a minor stock sale by Chief Accounting Officer John Gyurci to cover tax obligations related to restricted stock units. The company also secured a significant $108 million term loan facility intended for refinancing five Boeing 737-900 aircraft and general corporate needs, with final funding expected by December 2025. Furthermore, the airline announced the appointment of D. Torque Zubeck as the new Chief Financial Officer, effective September 2, 2025, bringing extensive industry experience. In governance updates, Wendy Schoppert joined the Board of Directors on October 1, 2025. Despite the stock's recent volatility, TD Cowen reiterated a Buy rating with a $20 price target, praising the airline's stable revenue derived from long-term contracts. The company is scheduled to report its next earnings on November 4, 2025.
