STOCK TITAN

FUN Form 4: Tim Fisher Withholds Shares to Cover Tax on Vesting

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tim Fisher, Chief Operating Officer of Six Flags Entertainment Corporation (FUN), reported a tax-withholding disposition related to vested restricted stock. On 08/22/2025 he had 21,850 shares withheld and disposed at an average price of $25.59 to satisfy tax obligations tied to a restricted stock award that vested the same day. After the withholding, Mr. Fisher beneficially owns 241,334 shares. The filing is a routine Section 16 report documenting the withholding and transfer of shares to cover taxes on equity vesting.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider tax-withholding sale after restricted stock vesting; non-material to company fundamentals.

The Form 4 shows a common administrative transaction where 21,850 shares were withheld at $25.59 upon vesting to cover tax liabilities, leaving the officer with 241,334 shares. This is not a voluntary open-market sale and does not signal a change in ownership intent or corporate direction. It has no direct impact on Six Flags' operating results or capital structure beyond the transfer of shares used for tax settlement.

TL;DR: Administrative withholding for tax purposes; disclosure aligns with Section 16 requirements.

The filing is properly executed and signed, disclosing the nature of the transaction as tax withholding related to vested restricted stock. Such transactions are routine and reflect executive compensation mechanics rather than active divestment. The report includes the required details: transaction code F, number of shares withheld, price per share, and post-transaction beneficial ownership.

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
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*
FISHER TIM

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
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 08/22/2025 F 21,850(1) D $25.59 241,334 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
Explanation of Responses:
1. Shares withheld in payment of tax liability in connection with the vesting of previously reported award of restricted stock, which vested August 22, 2025.
Remarks:
/s/ Tim Fisher 08/25/2025
** 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

What transaction did Tim Fisher report on the Form 4 for FUN?

The filing reports that 21,850 shares were withheld and disposed at $25.59 per share on 08/22/2025 to satisfy tax withholding for vested restricted stock.

Why were the shares disposed according to the Form 4?

The filing states the shares were withheld in payment of tax liability related to the vesting of a previously awarded restricted stock grant that vested on 08/22/2025.

How many FUN shares does Tim Fisher beneficially own after the transaction?

After the withholding, the Form 4 reports Mr. Fisher beneficially owns 241,334 shares.

What does transaction code 'F' mean on this Form 4?

In this filing, transaction code F denotes a disposition resulting from the payment of taxes through share withholding tied to equity compensation vesting, as explained in the form.

When was the Form 4 signed by the reporting person?

The Form 4 is signed by /s/ Tim Fisher on 08/25/2025.
Six Flags Entertainment Corporation

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1.68B
98.91M
1.76%
101.31%
20.48%
Leisure
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United States
CHARLOTTE