Form 4: Six Flags Director D. Scott Olivet Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director D. Scott Olivet reports acquisition of deferred stock units in Six Flags Entertainment Corporation.
Summary
- On March 26, 2025, D. Scott Olivet, a director of Six Flags Entertainment Corporation, reported the acquisition of 7,162 deferred stock units.
- These units were granted as deferred compensation for service to the Board for half of 2024 and all of 2025 under the company's omnibus plan.
- Each deferred stock unit is equivalent to one share of common stock.
- Olivet directly owns 33,982 shares of common stock.
- The deferred stock units are payable in shares of common stock or a combination of cash and shares of common stock when the individual's service to the Company ends.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Future Outlook
The deferred stock units are payable in shares of common stock or a combination of cash and shares of common stock when the individual's service to the Company ends.
Industry Context
This filing is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Acquisition of deferred stock units. |
| 03/28/2025 | Date of report signature. |
Keywords
Form 4, Six Flags, Deferred Stock Units, Director, Beneficial Ownership, Compensation
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