Form 4: Six Flags CEO Richard Zimmerman Reports Routine Share Disposition for Tax Obligations

Sentiment:

Insider Transaction Report


Six Flags Entertainment Corporation's President and CEO, Richard Zimmerman, reported the disposition of 25,071 shares of common stock to cover tax liabilities related to the vesting of restricted stock units.

Summary

  • Richard Zimmerman, President & CEO and Director of Six Flags Entertainment Corporation (FUN), reported a transaction on June 4, 2025.
  • The transaction involved the disposition of 25,071 shares of Six Flags common stock, valued at $33.11 per share.
  • This disposition was a routine 'F' transaction, indicating shares were withheld to satisfy tax obligations incurred from the vesting of previously reported restricted stock units (RSUs).
  • Following this transaction, Mr. Zimmerman directly beneficially owns 717,228 shares of Six Flags common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding related to RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Stakeholder Impact

  • Minimal direct impact on shareholders as this is a routine tax-related transaction by an executive, not a discretionary sale.
  • No direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
06/04/2025Date of earliest transaction and vesting of restricted stock units.
06/05/2025Date the Form 4 was filed with the SEC.

Keywords

Six Flags Entertainment Corporation, FUN, Richard Zimmerman, Form 4, SEC filing, insider transaction, restricted stock units, RSU vesting, tax withholding, common stock

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