Form 4: Six Flags CFO Brian Witherow Reports Stock Transaction
SEC Form 4 Filing
Brian Witherow, CFO of Six Flags Entertainment Corporation, reports the withholding of shares for tax liability related to vesting restricted stock and units.
Summary
- On February 24, 2025, Brian C. Witherow, the Chief Financial Officer of Six Flags Entertainment Corporation, had 29,528 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $45.09 per share.
- Following the transaction, Witherow directly owns 327,022 shares of Six Flags common stock.
- Witherow also indirectly owns 2,399 shares through his spouse.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests. This transaction is a routine occurrence related to the vesting of stock awards.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transaction (shares withheld for tax liability). |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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