Six Flags (NYSE: FUN) extends COO Tim Fisher contract, drops 2026 equity
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Six Flags Entertainment Corporation updated its employment agreement with Chief Operating Officer Tim Fisher. The amendment, signed on June 25, 2026, sets his employment term to expire on December 15, 2026 and extends certain benefits through that date to help retain him.
As part of the changes, Mr. Fisher agreed that he will not receive a 2026 annual equity grant or a 2026 retention bonus payment under his existing employment agreement.
Positive
- None.
Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Amendment date: June 25, 2026
Employment term end: December 15, 2026
2 metrics
Amendment date
June 25, 2026
Date Six Flags and Tim Fisher entered into the employment amendment
Employment term end
December 15, 2026
Scheduled expiration of Tim Fisher’s amended employment agreement
Key Terms
employment agreement, retention bonus, annual equity grant
3 terms
employment agreement financial
"entered into an amendment of its employment agreement with Tim Fisher"
retention bonus financial
"will not be entitled to a 2026 annual equity grant or retention bonus payment"
annual equity grant financial
"will not be entitled to a 2026 annual equity grant or retention bonus payment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Six Flags (FUN) change in Tim Fisher’s employment agreement?
Six Flags amended COO Tim Fisher’s employment agreement to run through December 15, 2026 and extend certain benefits through that date. In exchange, Fisher agreed to forgo his 2026 annual equity grant and 2026 retention bonus under the agreement.
When does Tim Fisher’s amended employment term at Six Flags (FUN) end?
Tim Fisher’s amended employment term at Six Flags is scheduled to expire on December 15, 2026. The company extended certain benefits through that same date as part of the amendment to help retain him in the Chief Operating Officer role.
How does the amendment affect Tim Fisher’s 2026 compensation at Six Flags (FUN)?
Under the amendment, Tim Fisher will not be entitled to a 2026 annual equity grant or a 2026 retention bonus. These elements were part of his prior employment agreement but are specifically waived for 2026 in the updated terms.
Why did Six Flags (FUN) extend Tim Fisher’s employment agreement?
Six Flags extended Tim Fisher’s employment agreement in order to retain him through December 15, 2026. The company paired this extended term and certain continued benefits with his agreement to give up the 2026 equity grant and retention bonus.
What position does Tim Fisher hold at Six Flags (FUN)?
Tim Fisher serves as the Chief Operating Officer of Six Flags Entertainment Corporation. The company’s recent amendment to his employment agreement focuses on retaining him in this executive role through mid-December 2026 under revised compensation terms.