FUN insider Steven Hoffman increases stake by 10,058 shares
Rhea-AI Filing Summary
Steven E. Hoffman, a director of Six Flags Entertainment Corporation (FUN), purchased 10,058 shares of common stock in two non-derivative transactions on 08/07/2025. He acquired 5,014 shares at a weighted-average price of $24.54 (individual trades ranged $24.00–$24.93) and 5,044 shares at a weighted-average price of $24.79 (individual trades ranged $24.4046–$24.9775). The filing reports his direct beneficial ownership rising to 8,429 shares after the first purchase and to 13,473 shares after the second. The Form 4 shows only these stock purchases and no derivative instruments were reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: A board director made modest open-market purchases totaling 10,058 shares at mid-$24 prices; not material to valuation but a visible insider buy.
The Form 4 discloses two non-derivative purchases by Director Steven E. Hoffman that increased his direct holdings to 13,473 shares. The trades were executed at weighted-average prices of $24.54 and $24.79 with disclosed price ranges. For most institutional investors, these purchases are unlikely to move valuation metrics materially given Six Flags’ scale, but they are a transparent, affirmative acquisition by an insider documented on Form 4. No options, puts, calls, or other derivatives were reported.
TL;DR: Director purchases are routine governance disclosures; they confirm direct ownership increases but do not indicate broader governance changes.
The filing clearly identifies Steven E. Hoffman as the reporting person and a director, and it records two separate purchases on the same date with post-transaction ownership levels. The footnotes provide weighted-average price ranges and an undertaking to supply transaction-level details on request, which supports transparency and compliance with Section 16 reporting requirements. There are no indications of plan-based transactions or related-party arrangements in this Form 4.