Form 4: Six Flags Executive Robert White Reports Stock Transaction
SEC Form 4 Filing
Robert White, Chief Commercial Officer of Six Flags Entertainment Corporation, reports the disposal of 8,482 shares to cover tax obligations related to vesting restricted stock.
Summary
- Robert White, the Chief Commercial Officer of Six Flags Entertainment Corporation, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on February 24, 2025.
- White disposed of 8,482 shares of common stock at a price of $45.09 per share.
- This disposal was to cover tax liabilities associated with the vesting of previously reported restricted stock awards and restricted stock units.
- Following the transaction, White directly owns 39,757 shares of Six Flags Entertainment Corporation.
- The transaction was not conducted pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company executive has sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transaction (disposal of shares). |
| 02/24/2025 | Vesting date of restricted stock and restricted stock units. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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