Form 4: Six Flags Executive David R. Hoffman Reports Stock Transaction
SEC Form 4 Filing
David R. Hoffman, Chief Accounting Officer of Six Flags Entertainment Corporation, reports the withholding of shares to cover tax liabilities related to vesting restricted stock awards.
Summary
- On February 24, 2025, David R. Hoffman, the Chief Accounting Officer of Six Flags Entertainment Corporation, had 8,706 shares of common stock withheld to cover tax liabilities.
- This transaction was related to the vesting of previously reported awards of restricted stock and restricted stock units.
- The price per share for the transaction was $45.09.
- Following the transaction, Hoffman directly owns 94,781 shares of Six Flags Entertainment Corporation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of restricted stock awards and the subsequent withholding of shares to cover tax obligations, a common practice in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transaction (shares withheld for tax liability). |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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