Six Flags Director Receives 3,415 Stock Units in Board Compensation Deal
Six Flags Entertainment Corporation (FUN) director Michael A. Colglazier reported the acquisition of 3,415 Deferred Stock Units (DSUs) on June 25, 2025.
Rhea-AI Filing Summary
Six Flags Entertainment Corporation (FUN) director Michael A. Colglazier reported the acquisition of 3,415 Deferred Stock Units (DSUs) on June 25, 2025. The DSUs were granted as prorated compensation for Board service in 2025.
Key transaction details:
- The DSUs were acquired in an exempt transaction under the company's omnibus plan
- Each DSU is economically equivalent to one share of common stock
- The DSUs will be payable in common stock, cash, or a combination when the director's service ends
- The transaction price was $0, as this represents deferred compensation
This Form 4 filing indicates standard board compensation practices through equity-based deferred compensation, aligning the director's interests with shareholders. The transaction was executed under Rule 16b-3 exemption for director compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,415 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents deferred stock units acquired by the reporting person (in an exempt transaction) as deferred compensation pursuant to the Company's omnibus plan. Each deferred stock unit is the economic equivalent of one share of common stock.
- F2. Deferred stock units granted in connection with prorated service to the Board in 2025.
- F3. These deferred stock units are payable in shares of common stock, cash, or a combination of cash and shares of common stock when the reporting person's service to the Company ends.
FAQ
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How many deferred stock units did FUN director Michael Colglazier receive on June 25, 2025?
What is the conversion rate of FUN's deferred stock units granted to Michael Colglazier?
When will Michael Colglazier's deferred stock units at FUN be payable?
What was the purchase price of FUN's deferred stock units granted to Michael Colglazier?
What is Michael Colglazier's role at FUN according to the Form 4?
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