SNCY Sun Country Airlines Holdings, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/4 quarters. Q1 2026: $10M, Q3 2025: $0M, Q2 2025: $0M, Q1 2025: $11M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $10M vs trailing avg $4M (+161%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-88M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 480,932 shares = 3.6% of 53,223,302 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 655471.1x more than bought. 8 C-suite officers among sellers

• Coley Stephen Andrew (SVP, Chief Operating Officer) sold 1,202 shares on 2026-05-04
• Snow Colton Matthew (SVP, Chief Commercial Officer) sold 752 shares on 2026-02-02
• Mangione Christopher Michael (Chief Acct. Off. & VP, Finance) sold 256 shares on 2026-01-12
• Snow Colton Matthew (SVP, Chief Commercial Officer) sold 759 shares on 2026-01-12
• Neale Erin Rose (SVP, Chief Legal Officer) sold 2,257 shares on 2026-01-12
• Bricker Jude (Chief Executive Officer) sold 5,062 shares on 2026-01-12
• Mangione Christopher Michael (Chief Acct. Off. & VP, Finance) sold 53 shares on 2026-01-06
• Mangione Christopher Michael (Chief Acct. Off. & VP, Finance) sold 258 shares on 2026-01-06
• Neale Erin Rose (SVP, Chief Legal Officer) sold 1,802 shares on 2026-01-06
• Bricker Jude (Chief Executive Officer) sold 5,514 shares on 2026-01-06