Form 4: Six Flags CFO Brian Witherow Reports Tax-Related Stock Disposition Following RSU Vesting

Sentiment:

Insider Transaction Report


Six Flags Entertainment Corporation's Chief Financial Officer, Brian C. Witherow, reported the disposition of 11,245 shares of common stock on June 4, 2025, to cover tax liabilities associated with the vesting of restricted stock units.

Summary

  • Brian C. Witherow, Chief Financial Officer of Six Flags Entertainment Corporation (FUN), reported a transaction on June 4, 2025.
  • The transaction involved the disposition of 11,245 shares of Six Flags common stock.
  • These shares were withheld by the company to cover tax liabilities incurred upon the vesting of previously awarded restricted stock units (RSUs).
  • The shares were valued at $33.11 per share for the purpose of tax withholding.
  • Following this transaction, Mr. Witherow directly beneficially owns 314,234 shares of common stock and indirectly owns 2,399 shares through his spouse.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares for tax withholding purposes related to RSU vesting, which is a standard compensation event and does not indicate a significant positive or negative sentiment.

Positives

  • Vesting of previously awarded restricted stock units (RSUs) indicates the fulfillment of compensation agreements for the Chief Financial Officer.

Negatives

  • No negative financial or operational information was disclosed in this filing.

Risks

  • No specific risks were identified or discussed in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Management Comments

  • No specific management comments or statements were included in this Form 4 filing.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

  • This Form 4 filing does not contain information suitable for comparison to industry standards or specific comparable companies/projects.

Legal Proceedings

  • No legal proceedings or regulatory matters were disclosed in this filing.

Related Party Transactions

  • The reported transaction involves the withholding of shares by the issuer to cover tax liabilities arising from the vesting of restricted stock units, which is a standard compensation practice.

Stakeholder Impact

  • This routine insider transaction has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it relates to standard executive compensation.

Next Steps

  • No specific future actions, events, or milestones are mentioned in this routine insider transaction report.

Key Dates

DateDescription
06/04/2025Date of transaction where shares were withheld for tax liability in connection with RSU vesting.
06/05/2025Signature date of the reporting person.

Keywords

Six Flags, FUN, Brian Witherow, CFO, Form 4, SEC filing, stock transaction, restricted stock units, RSU vesting, tax withholding, insider transaction

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