STOCK TITAN

Six Flags Board Member Boosts Stake to 41K Shares After Deferred Compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Director D. Scott Olivet of Six Flags Entertainment Corporation (FUN) reported a significant securities transaction on June 25, 2025. The transaction involved the settlement of 7,162 deferred stock units (DSUs) that were originally granted on March 26, 2025.

Key transaction details:

  • Acquired 7,162 shares of common stock (par value $0.01) through DSU conversion
  • Total beneficial ownership following transaction: 41,144 shares (Direct ownership)
  • DSUs were settled upon completion of service to the company
  • Transaction price: $0 (DSU conversion)

The DSUs were part of the company's omnibus plan, with each unit equivalent to one share of common stock. This Form 4 filing indicates a planned transition in Olivet's position with Six Flags, as the DSUs settled upon the completion of his service to the company.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olivet D Scott

(Last) (First) (Middle)
8701 RED OAK BLVD.

(Street)
CHARLOTTE NC 28217

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Six Flags Entertainment Corporation/NEW [ FUN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 06/25/2025 M(1) 7,162 A $0 41,144 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units (2) 06/25/2025 M 7,162 (3) (3) Common Stock, par value $0.01 per share 7,162 $0 0 D
Explanation of Responses:
1. Represents the settlement of deferred stock units granted to the reporting person on March 26, 2025, which settled upon the completion of his service to the Company.
2. 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.
3. These deferred stock units are payable in shares of common stock, cash, or a combination of cash and shares of common stock when the individual's service to the Company ends.
Remarks:
/s/ D. Scott Olivet 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares did FUN director Scott Olivet acquire on June 25, 2025?

Scott Olivet acquired 7,162 shares of FUN common stock on June 25, 2025, through the settlement of deferred stock units (DSUs). Following this transaction, he owned a total of 41,144 shares directly.

What was the price of FUN shares in Scott Olivet's DSU settlement?

The deferred stock units were settled at $0, as they were granted as deferred compensation under the Company's omnibus plan. These DSUs were originally granted on March 26, 2025, and settled upon completion of Olivet's service to the company.

How many FUN deferred stock units (DSUs) did Scott Olivet hold after the June 25, 2025 transaction?

Following the transaction on June 25, 2025, Scott Olivet held 0 deferred stock units (DSUs), as all 7,162 DSUs were converted to common stock upon settlement.

What is Scott Olivet's role at FUN and where is he based?

Scott Olivet serves as a Director of Six Flags Entertainment Corporation (FUN). According to the filing, he is based at 8701 Red Oak Blvd., Charlotte, NC 28217.
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FUN Stock Data

1.74B
98.91M
Leisure
Services-amusement & Recreation Services
Link
United States
CHARLOTTE