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Six Flags Entertainment Corporation 8-K Filings

FUN NYSE

Every 8-K that Six Flags Entertainment Corporation (FUN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow FUN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FUN filings page.

Rhea-AI Summary

Six Flags Entertainment Corporation reported mixed second‑quarter 2026 results as it continues reshaping its park portfolio. On a reported basis, net revenues were $865 million, down 7% year over year, with attendance down 7% to 13.1 million visits and net loss widening to about $203 million. Adjusted EBITDA held flat at $243 million.

On a Same‑Park Basis, which excludes seven sold parks and a closed Maryland property, net revenues rose 2.4% to $864 million and Adjusted EBITDA increased 7% to $249 million, supported by 4% higher attendance and strong in‑park spending, partly offset by 1% lower per‑capita spending. The company highlighted a 6% increase in its active pass base and a shift toward higher‑tier passes and memberships, supporting more recurring revenue. As of June 28, 2026, net debt was $4.9 billion and total liquidity $837 million, including $703 million available under the revolving credit facility, with management emphasizing debt reduction and disciplined capital allocation.

Rhea-AI Summary

Six Flags Entertainment Corporation is making a planned leadership transition in its operations team. Tim Fisher will step down as Chief Operating Officer on July 15, 2026, and remain with the company as Special Advisor to the CEO through December 15, 2026 to support continuity.

The company has appointed Mark Pauls, a veteran amusement-park operator with decades of experience at Herschend Family Entertainment, Palace Entertainment, SeaWorld and Busch Gardens, as its new Chief Operating Officer effective July 15, 2026. His three-year employment agreement includes a base salary of $600,000, target annual incentive equal to 90% of salary, a $39,000 signing bonus and annual restricted stock unit awards targeted at $1,560,000 under the 2024 Omnibus Incentive Plan, along with severance protections for certain terminations and in connection with a change in control.

Rhea-AI 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.

Rhea-AI Summary

Six Flags Entertainment Corporation appointed Ash Walia as Chief Financial Officer, effective June 17, 2026, under a three-year employment agreement with automatic one-year renewals. He brings more than two decades of finance leadership across Hot Topic, 99 Cents Only Stores, Starbucks and Kellogg’s.

Walia’s agreement includes a $690,000 initial base salary, a target annual bonus equal to 100% of base salary, a pro-rated bonus for fiscal 2026, and an initial restricted stock unit grant valued at $1,250,000 that vests in three equal annual installments. He is also eligible for annual equity awards targeted at $1,869,000 in value.

If terminated without cause or he resigns for good reason, Walia may receive cash severance equal to two times his base salary plus target bonus, certain bonus payments, up to 18 months of medical benefit reimbursement, and accelerated or pro-rated vesting of equity awards, with full vesting of all equity if such a termination occurs within 18 months after a change in control.

Rhea-AI Summary

Six Flags Entertainment Corporation reported results from its 2026 annual shareholder meeting held virtually on May 26, 2026. Shareholders elected Richard Haddrill, Chieh Huang, and Marilyn Spiegel as Class II directors for terms expiring in 2029, with support ranging from about 60 million to over 72 million votes in favor for each nominee. Investors also confirmed Deloitte & Touche LLP as the independent registered public accounting firm for 2026, with 66.7 million votes for and 21.0 million against. In addition, shareholders approved, on an advisory basis, the 2025 executive compensation program, with 68.5 million votes for, 5.7 million against, and 13.3 million broker non-votes.

Rhea-AI Summary

Six Flags Entertainment Corporation entered into a Cooperation Agreement with H Partners Management under which H Partners founder Rehan Jaffer will join the board after the 2026 annual stockholder meeting, replacing director Arik Ruchim. Jaffer will serve as a Class III director through the 2027 annual meeting and sit on the Audit and Finance Committee.

Under the agreement, Jaffer has delivered an irrevocable resignation letter that becomes effective if H Partners’ beneficial ownership or economic exposure falls below 3% of Six Flags’ outstanding common stock or if H Partners is found by final court judgment to have materially breached the agreement without cure. Until a defined standstill termination date, H Partners has agreed to support the board’s voting recommendations with limited exceptions and is subject to customary standstill and mutual non-disparagement provisions.

Rhea-AI Summary

Six Flags Entertainment Corporation announced several senior leadership changes. Chief Financial Officer Brian Witherow and Chief Legal and Compliance Officer Brian Nurse will depart effective May 8, 2026. Chief Accounting Officer David Hoffman will serve as Interim Chief Financial Officer and receive an additional $20,000 per month during his interim service.

Separately, Amy Martin Ziegenfuss will join as Chief Marketing Officer and Christopher Bennett as Chief Legal and Compliance Officer, both effective June 3, 2026. Six Flags is also splitting its Chief Commercial Officer responsibilities, promoting Chris Meyering to SVP, Commercial as it focuses on integration and long-term growth following its merger with Cedar Fair.

Rhea-AI Summary

Six Flags Entertainment Corporation reported a stronger start to 2026 but remained unprofitable in its seasonally weak first quarter. Net revenues rose 12% year over year to $225.6 million, driven by a 4% increase in attendance to 2.9 million visits and a 6% rise in per capita spending to $69.26.

The company posted a net loss of $268.6 million, wider than the $219.7 million loss a year earlier, but its Adjusted EBITDA loss improved to $123.0 million from $170.8 million as operating costs and expenses fell 12%, or $50.4 million. Operating days declined to 369 from 393.

Deferred revenues were $381 million, up 2% from March 30 2025, while total liquidity increased to $462 million from $241 million. Net debt stood at $5.27 billion. Through May 3 2026, year-to-date attendance reached 5.7 million guests, up 4% on a same-park basis, and the active pass base was about 5 million units, up 6% on a same-park basis, indicating solid early-season demand.

Rhea-AI Summary

Six Flags Entertainment Corporation disclosed that its subsidiary Six Flags America Property Corporation entered into a purchase agreement to sell certain real property in Prince George’s County, Maryland to a joint venture between 35V and Atlanta-based TPA Group. The transaction remains subject to buyer diligence and other closing conditions. The company expects to use net proceeds from this real estate sale to reduce its outstanding debt obligations.

Rhea-AI Summary

Six Flags Entertainment Corporation has completed the previously announced sale of six U.S. parks to EPR Properties under an Equity Purchase Agreement with EPR and EP OPCO WOFR, LLC. The divested properties include Valleyfair, Worlds of Fun, Michigan’s Adventure, Schlitterbahn Waterpark Galveston, Six Flags St. Louis, and Six Flags Great Escape.

The company describes this divestiture as a key step in its portfolio optimization strategy, allowing greater focus on properties with the strongest long-term growth potential. Six Flags expects the sale of Six Flags La Ronde in Montreal to close in the second quarter of 2026 after required approvals.

EPR plans to partner with Enchanted Parks to operate the six U.S. parks and may use the Six Flags brand through the end of 2026. The parks are expected to maintain regular operating schedules, and all season passes, including multi-park passes, will continue to be honored through the 2026 season.

Rhea-AI Summary

Six Flags Entertainment Corporation has appointed Richard “Dick” Haddrill as Executive Chair of the Board, effective immediately, and named Marilyn Spiegel as Lead Independent Director. The Board will temporarily expand to 11 members until the 2026 Annual Meeting of Stockholders.

Haddrill signed a three-year employment agreement with a base salary of $500,000 per year217,797 restricted stock awards that vest quarterly over three years and 373,367 performance stock units that vest based on specified performance targets. The agreement includes severance, vesting, change-in-control and clawback provisions tied to termination scenarios, as well as non-solicitation, confidentiality and non-disparagement covenants.

Rhea-AI Summary

Six Flags Entertainment Corporation reported that board member Jennifer Mason has informed the company she will not stand for re-election when her term expires at the 2026 annual meeting of stockholders. The company states that her decision is not due to any disagreement with the Board, the company, or management regarding operations, policies, or practices.

The Board and the company expressed their appreciation for Ms. Mason’s dedicated service as a director. This represents a planned transition in board composition rather than a dispute-driven departure.

Rhea-AI Summary

Six Flags Entertainment Corporation has signed definitive agreements to divest seven parks to EPR Properties for total cash consideration of $331 million, subject to customary adjustments. An 8-K details an Equity Purchase Agreement under which EPR and an operator will acquire subsidiaries holding assets and liabilities for several U.S. parks for $318,885,000 in cash.

The parks generated about $260 million in net revenue and approximately $45 million in Adjusted EBITDA for the year ended December 31, 2025, serving roughly 4.5 million guests. Six Flags plans to use net proceeds, after taxes and transaction expenses, to pay down debt and modestly improve its leverage ratio while focusing on its remaining 34 parks across 23 North American locations.

Rhea-AI Summary

Six Flags Entertainment Corporation reported 2025 fourth-quarter and full-year results. Fourth-quarter net revenues were $650 million, down 5% from 2024, as attendance fell 13% to 9.3 million guests, partly from canceled winter events and more weather closures. Per capita spending rose 8% to $66.41, reflecting higher pricing and stronger in-park spending.

Fourth-quarter net loss narrowed to $92 million from $264 million, while Adjusted EBITDA declined to $165 million from $209 million on lower volumes and higher SG&A. For 2025, net revenues reached $3.10 billion, but net loss attributable to the company was $1.60 billion, driven by a $1.5 billion non-cash impairment of goodwill and intangibles. Full-year Adjusted EBITDA was $792 million. As of December 31, 2025, total liquidity was $623 million and net debt was $5.11 billion. Management highlighted ongoing park investments, recent refinancing of 2027 notes, and a focus on reducing leverage.

Rhea-AI Summary

Six Flags Entertainment Corporation filed an update on its relationship with investor Dendur Capital. On January 21, 2026, the company entered into an amendment to its existing cooperation agreement with Dendur. The amendment allows Dendur to hold derivative securities or other cash-settled rights tied to Six Flags stock, even though those instruments cannot be settled in actual shares.

Under the revised terms, Dendur’s total economic exposure to Six Flags—counting both common shares and any such derivatives—must not exceed 14.99%. This clarifies how much financial interest Dendur can take in the company while keeping a defined cap on its overall exposure.

Rhea-AI Summary

Six Flags Entertainment Corporation completed a private offering of $1,000,000,000 in 8.625% senior notes due January 15, 2032, co-issued with Canada’s Wonderland Company and Millennium Operations LLC. Interest is payable in cash semi-annually on January 15 and July 15, beginning July 15, 2026.

The company plans to use the proceeds, together with cash on hand, to fund the full redemption of its 5.375% and 5.500% Senior Notes due April 15, 2027 and to pay accrued and unpaid interest on those 2027 notes to, but not including, February 6, 2026. The new notes are senior unsecured obligations, fully and unconditionally guaranteed by certain restricted subsidiaries, and are effectively junior to secured debt.

The indenture includes restrictive covenants on additional debt, liens, asset sales, dividends, investments, affiliate transactions and certain mergers, with some covenants suspended if the notes achieve specified investment grade ratings. The notes are callable on or after July 15, 2028 at stated prices and must be offered to be repurchased at 101% of principal upon certain change of control events.

Rhea-AI Summary

Six Flags Entertainment Corporation has begun an offering of $1,000,000,000 aggregate principal amount of senior notes due 2032 in transactions exempt from SEC registration. The company plans to use the proceeds, together with cash on hand, to fully redeem its 5.375% Senior Notes due April 15, 2027 and 5.500% Senior Notes due April 15, 2027, including accrued interest, and to pay related fees and expenses. The redemptions are conditional on completing the new notes offering and receiving at least $1,000,000,000 in aggregate gross proceeds, although Six Flags may waive these conditions at its discretion. The company also furnished unaudited pro forma condensed combined statement of operations for the year ended December 31, 2024, reflecting the merger of legacy Six Flags and Cedar Fair, for informational purposes.

Rhea-AI Summary

Six Flags Entertainment Corporation disclosed that its subsidiary, Six Flags Theme Parks, has decided not to exercise its contractual option to require the redemption of limited partner interests in the partnership that owns the Six Flags Over Texas amusement park in Arlington, Texas. This option could have been exercised under an Overall Agreement dating back to 1997, with notice required by December 31, 2025 and obligations continuing through January 2028.

The company instead plans to continue operating and managing Six Flags Over Texas under the existing partnership agreement while it evaluates other options and alternatives available under the Overall Agreement. It notes that it has been investing in the park through capital projects, new attractions, and guest-experience enhancements, highlighting the park’s long-term growth potential and strategic importance within its portfolio.

Rhea-AI Summary

Six Flags Entertainment Corporation has entered into a Consultant Agreement with Selim Bassoul, effective January 1, 2026. Under this agreement, Mr. Bassoul will advise on the company’s project at Qiddiya in Riyadh, Saudi Arabia through December 31, 2026. His role includes overseeing development of the Qiddiya location, acting as the primary liaison with local operating partners and government stakeholders, helping transfer knowledge to the Chief Executive Officer or designees, and supporting operations for 90 days after the grand opening.

For these services, Mr. Bassoul will receive a total fee of $1,550,000, plus reimbursement of reasonable and necessary expenses. The agreement also includes customary terms such as confidentiality, limitation of liability, independent contractor status, non-solicitation, dispute resolution, mutual indemnification and a limited non-compete, and will be filed as an exhibit to the company’s next Annual Report on Form 10-K.

Rhea-AI Summary

Six Flags Entertainment Corporation reported that Louis Carr has resigned from its Board of Directors, effective December 24, 2025. The company stated that his resignation is not due to any disagreement with the Board, the company, or management regarding operations, policies, or practices. After his departure, the Board will have 12 directors, and, as of January 1, 2026, following the previously announced departures of Selim Bassoul and Daniel Hanrahan, the Board will be reduced to 10 directors. This reflects a planned transition in board composition rather than a dispute-driven change.

Rhea-AI Summary

Six Flags Entertainment Corporation (FUN) announced that John Reilly will become President and Chief Executive Officer and join the Board as a Class III director effective December 8, 2025, succeeding Richard Zimmerman, who will leave his roles the same day. Reilly’s three-year employment agreement includes an initial annual base salary of $1,100,000, an annual bonus target of 150% of salary with a maximum of 300%, an annual equity grant starting in 2026 targeted at $5,625,000, and a day-one equity grant of $7,500,000 in restricted stock units and performance stock units vesting on the third anniversary, subject to continued service and performance goals.

If he is terminated without Cause or resigns for Good Reason, Reilly is eligible for cash severance equal to two times salary plus target bonus, certain bonus payments, medical coverage support for 18 months, and accelerated vesting of equity scheduled to vest within 18 months, with broader vesting if such a termination occurs within 12 months after a Change in Control. The company also approved retention bonuses payable on July 1, 2026 for six senior executives ranging from $450,000 to $750,000, and temporarily increased their cash severance to two times salary and target incentives for specified terminations between July 1, 2026 and June 30, 2027.

Rhea-AI Summary

Six Flags Entertainment Corporation (FUN) furnished materials related to its fiscal third-quarter 2025 results. The company issued a news release disclosing Q3 2025 performance and posted a slide presentation on its investor relations website. Both items are provided as exhibits and are designated as furnished, not deemed “filed” under Section 18 of the Exchange Act.

The news release is included as Exhibit 99.1 and the earnings call presentation as Exhibit 99.2. The materials may be used, in whole or in part, or with modifications, in presentations to investors, analysts and others. The report is signed by Chief Financial Officer Brian C. Witherow on November 7, 2025.

Rhea-AI Summary

Six Flags Entertainment Corporation (FUN) entered into a Cooperation Agreement with Sachem Head Capital Management, expanding its Board from 12 to 13 directors and appointing Jonathan Brudnick as a Class III director with a term expiring at the 2027 Annual Meeting. He also joins the Nominating and Governance Committee.

Mr. Brudnick delivered an irrevocable resignation letter effective upon the earliest of Sachem Head falling below a 3% beneficial ownership/economic exposure threshold or a final non‑appealable judgment finding an uncured material breach of the agreement. Until the standstill termination date, Sachem Head agreed to vote in line with the Board’s recommendations, with a carve‑out allowing proportional voting if ISS or Glass Lewis recommend otherwise on Company proposals (excluding director elections) and full discretion on extraordinary transactions. The agreement includes customary standstill and mutual non‑disparagement provisions and remains in place until 20 days after Mr. Brudnick ceases to serve.

The Company noted the Board will expand to 13 and, following previously announced departures, decrease to 11. A related press release was furnished as an exhibit.

Rhea-AI Summary

Six Flags Entertainment Corporation reported a governance update: the board designated a non-executive Chair position to take effect on January 1, 2026. The notice references a press release dated October 10, 2025 and identifies Brian C. Witherow as Chief Financial Officer. The filing is brief and does not disclose executive compensation changes, reasons for the governance move, or other operational or financial impacts. This appears to be a board leadership change announcement without accompanying financial metrics or major transactions.

Rhea-AI Summary

Six Flags Entertainment Corporation filed a current report to let investors know it has released a news update under Regulation FD. On September 12, 2025, the company issued a news release providing preliminary net revenues and other financial information for the period through August 31, 2025. The news release is included with the filing as Exhibit 99.1.

The company notes that this information is being furnished rather than filed, which means it is not subject to certain liability provisions of the securities laws and is not automatically incorporated into other securities filings unless specifically referenced. The filing is signed on behalf of the company by its Chief Financial Officer, Brian C. Witherow.

Rhea-AI Summary

Six Flags Entertainment Corporation reported results of a non-binding advisory vote on the frequency of future say-on-pay votes held at its 2025 Annual Meeting. Shareholders cast 77,006,513 votes for holding the vote every year, 268,913 for every two years, 317,291 for every three years, and 189,554 abstained, with 12,479,799 broker non-votes. Based on these results, the Board of Directors determined the company will continue to hold an advisory say-on-pay vote annually. The Board expects the next advisory vote on the frequency of say-on-pay votes to occur at the company’s 2031 annual meeting of stockholders.

Rhea-AI Summary

Event: On August 6, 2025, Six Flags Entertainment Corporation filed an 8-K announcing an executive leadership transition.

Key facts:

  • Richard Zimmerman, President and Chief Executive Officer, will step down by the end of 2025.
  • Zimmerman will continue to serve as CEO until the Board appoints a successor and will remain a member of the Board.
  • The transition is described as without cause and not due to any disagreement with the Board, Company, or management.
  • The Board’s Nominating & Corporate Governance Committee has initiated a CEO search and will hire a leading global executive search firm.
  • A press release is attached as Exhibit 99.1 to the 8-K; report signed by CFO Brian C. Witherow on August 6, 2025.
Rhea-AI Summary

Six Flags Entertainment (NYSE:FUN) filed an 8-K disclosing the June 25 2025 virtual annual meeting results. Shareholders re-elected four Class I directors with roughly 98% support, ratified Deloitte & Touche as auditor (94.6% approval), approved 2024 executive compensation in a non-binding vote (95.3% in favor) and chose to hold say-on-pay votes annually. No additional material actions or disclosures were reported.