Form 4: Six Flags Executive Robert White Reports Share Transactions Following Departure

Robert White, Chief Commercial Officer of Six Flags Entertainment Corporation, reports the acquisition and disposal of company shares related to his departure.

Summary

• Robert White, Chief Commercial Officer of Six Flags Entertainment Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The filing indicates transactions on May 2, 2025, including the withholding of 11,556 shares for tax liabilities at $34.92 per share due to accelerated vesting of restricted stock upon his departure.
• White also acquired 23,921 shares upon accelerated vesting and settlement of Performance Stock Units (PSUs) related to his departure.
• An additional 10,454 shares were withheld for tax liabilities at $34.92 per share resulting from the PSU settlement.
• Following these transactions, White beneficially owns 40,782 shares of Six Flags common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing related to an executive's departure and stock transactions.

Industry Context

This filing is a routine disclosure related to executive departures and their impact on share ownership, common in publicly traded companies.

Management Changes

Stakeholder Impact

• Shareholders may be interested in executive departures and their impact on company stock ownership.
• Employees may be affected by changes in management.

Key Dates

Keywords

Form 4, Six Flags, Robert White, Share Transactions, Beneficial Ownership, Departure, PSUs, Restricted Stock