Form 4: Six Flags Director Receives 2026 Restricted Stock Grant

Six Flags Entertainment Corporation director Jennifer Mason was granted 13,038 shares of restricted common stock for her 2026 board service.

Summary

• Jennifer Mason, a Director of Six Flags Entertainment Corporation/NEW (FUN), acquired 13,038 shares of common stock.
• The transaction date for this acquisition was January 2, 2026.
• The shares were acquired at a price of $0 per share, indicating a grant.
• The acquisition represents restricted stock granted in connection with Ms. Mason's service to the Board for the year 2026.
• Following this transaction, Jennifer Mason beneficially owns a total of 26,129 shares of common stock.
• The filing was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates routine director compensation and alignment of interests, without any negative implications.

Positives

• The grant of restricted stock aligns the director's interests with those of shareholders, as the value of her compensation is tied to the company's stock performance.
• The transaction is part of a pre-arranged Rule 10b5-1 plan, demonstrating structured and transparent insider trading practices.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of director compensation in the form of equity, common across publicly traded companies in all industries, including the entertainment and theme park sector where Six Flags operates. It reflects standard corporate governance practices for aligning executive and director incentives with shareholder value.

Comparison to Industry Standards

• The grant of restricted stock as part of director compensation is a common practice across publicly traded companies, including those in the leisure and entertainment industry, such as Cedar Fair, L.P. (FUN's competitor).
• The use of a Rule 10b5-1 plan for such transactions is also a standard practice, promoting transparency and mitigating concerns about insider trading.

Corporate Governance

Related Party Transactions

• The grant of restricted stock to Jennifer Mason, a Director, constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant represents a form of equity-based compensation, which can lead to minor dilution but also aims to align director incentives with shareholder returns.
• Director (Jennifer Mason): Receives equity compensation for her board service, increasing her stake and financial interest in the company's performance.

Key Dates

Keywords

Six Flags, FUN, Restricted Stock, Insider Transaction, Form 4, Director Compensation, Equity Grant, Corporate Governance