Six Flags (FUN) CAO has shares withheld to cover equity award taxes
Rhea-AI Filing Summary
Six Flags Entertainment Corporation/NEW Chief Accounting Officer David R. Hoffman reported a tax-related share disposition. On February 23, 2026, 4,788 shares of common stock were withheld at $18.24 per share to cover tax liabilities from previously granted restricted stock and restricted stock units that vested that day. After this withholding, Hoffman directly owned 86,178 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,788 shares
Net Sell
1 txn
Insider
Hoffman David R.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 4,788 | $18.24 | $87K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 86,178 shares (Direct)
Footnotes (1)
- F1. Shares withheld in payment of tax liability in connection with the vesting of a previously reported awards of restricted stock and restricted stock units, which vested February 23, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Six Flags (FUN) report for David R. Hoffman?
Six Flags reported a tax-withholding disposition by Chief Accounting Officer David R. Hoffman. On February 23, 2026, 4,788 common shares were withheld to satisfy tax liabilities tied to vesting restricted stock and restricted stock units, rather than an open-market sale.
What does transaction code F mean in the Six Flags (FUN) Form 4?
Transaction code F indicates payment of exercise price or tax liability using securities. In this case, 4,788 Six Flags shares were withheld at $18.24 per share to cover tax obligations when restricted stock and restricted stock units vested on February 23, 2026.