Form 4: Six Flags Executive Tayfun Tastepe Reports Stock Transaction
SEC Form 4 Filing
Tayfun Tastepe, Chief Digital & Tech Officer of Six Flags Entertainment Corporation, reports the disposal of 312 shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 31, 2025, Tayfun Tastepe, Chief Digital & Tech Officer of Six Flags Entertainment Corporation, disposed of 312 shares of common stock to cover tax liabilities.
- The transaction was executed at a price of $35.42 per share.
- Following the transaction, Tastepe directly owns 33,301 shares of Six Flags Entertainment Corporation.
- The shares were withheld to cover tax liability related to the vesting of previously reported restricted stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the actions of company executives regarding their holdings in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock transaction and vesting of restricted stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Six Flags, Tastepe, insider trading, Form 4, stock transaction, restricted stock, tax liability, FUN
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