COO Mays sells 133,836 shares (66.9% of holdings) at $16.00; stock now at $16.18 vs 52-week high.
Mays Gregory A., Chief Operating Officer & EVP of Sun Country Airlines, sold 133,836 shares on 2025-01-07 at $16.00, reducing his holdings from 200,187 shares to 66,351 shares. The sale occurred at the 52-week high price ($16.18 current vs $16.00 transaction), representing a material reduction of 66.9% of his pre-transaction position. The stock has appreciated 51.9% over 90 days and 2.7% over 30 days, arriving at the top of its annual range. The company maintains modest profitability ($2.3M net income on $249.5M quarterly revenue) with 17.4% annual revenue growth and a P/E of 19.04. The timing and scale of this divestiture—selling two-thirds of a significant executive stake near historical highs after sustained upward momentum—warrants investor attention to whether this reflects executive confidence in current valuation levels or other strategic considerations.