Form 4: Six Flags Director Acquires 13,038 Deferred Stock Units

Six Flags Entertainment Director Michael A. Colglazier acquired 13,038 deferred stock units as compensation for his 2026 board service.

Summary

• Michael A. Colglazier, a Director of Six Flags Entertainment Corporation/NEW (FUN), acquired 13,038 Deferred Stock Units (DSUs).
• The transaction date for the acquisition was January 2, 2026.
• These DSUs were acquired as deferred compensation under the Company's omnibus plan, specifically for service to the Board in 2026.
• Each DSU is the economic equivalent of one share of Six Flags common stock.
• Following this transaction, Michael A. Colglazier beneficially owns a total of 16,453 derivative securities (DSUs).
• The DSUs are payable in cash, shares of common stock, or a combination thereof, upon the termination of the individual's service to the Company.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates continued director commitment and aligns director interests with shareholders, which is generally viewed favorably. However, it's a routine compensation event, not a significant strategic or financial announcement.

Positives

• The acquisition of deferred stock units by a director aligns their interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The grant represents a commitment from the director for continued service to the Board through 2026.

Future Outlook

The deferred stock units are granted in connection with service to the Board for 2026, indicating the director's continued involvement with the company for the upcoming year. The units are payable upon the individual's service to the Company ending.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a common practice across publicly traded companies to align executive and board member interests with shareholder value. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• The acquisition of deferred stock units by Michael A. Colglazier, a Director, from Six Flags Entertainment Corporation constitutes a related party transaction, as it involves compensation provided by the company to one of its board members.

Stakeholder Impact

• Shareholders: The grant of deferred stock units to a director can be seen as a positive for shareholders, as it ties a portion of the director's compensation directly to the company's stock performance, potentially fostering greater alignment of interests.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Six Flags Entertainment, FUN, Deferred Stock Units, DSU, Insider Transaction, Director Compensation, SEC Form 4, Equity Compensation