Form 4: Six Flags Director Hanrahan Acquires Deferred Stock Units
SEC Form 4 Filing
Director Daniel J. Hanrahan acquired 7,162 deferred stock units of Six Flags Entertainment Corporation on March 26, 2025, representing deferred compensation for board service.
Summary
- On March 26, 2025, Daniel J. Hanrahan, a director of Six Flags Entertainment Corporation, acquired 7,162 deferred stock units.
- These units represent 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.
- Hanrahan directly owns 57,688 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 Hanrahan's service to the company ends.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, and does not contain information that would significantly impact sentiment.
Positives
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
Future Outlook
The deferred stock units will be 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
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates compensation for a board member.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Acquisition of deferred stock units. |
| 03/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Six Flags, Deferred Stock Units, Director Compensation, Beneficial Ownership, Hanrahan, FUN
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