Six Flags (FUN) CFO awarded 40,595 shares under 2024 incentive plan
Rhea-AI Filing Summary
Walia Ashok reported acquisition or exercise transactions in this Form 4 filing.
Six Flags Entertainment Corporation reported that Chief Financial Officer Ashok Walia received an award of 40,595 shares of common stock. The shares were granted at no cash cost to Walia and increase his directly held position to 40,595 shares.
The grant was made pursuant to the company’s 2024 Omnibus Incentive Plan, indicating it is part of his equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,595 shares
Net Buy
1 txn
Insider
Walia Ashok
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 40,595 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 40,595 shares (Direct)
Footnotes (1)
- F1. These awards were granted pursuant to the Company's 2024 Omnibus Incentive Plan.
Key Figures
Equity award shares: 40,595 shares
Grant price per share: $0.00 per share
Shares held after transaction: 40,595 shares
3 metrics
Equity award shares
40,595 shares
Common Stock grant on Form 4
Grant price per share
$0.00 per share
Compensation award, not market purchase
Shares held after transaction
40,595 shares
Direct ownership following grant
Key Terms
Omnibus Incentive Plan, grant, award, or other acquisition, Common Stock, par value $0.01 per share
3 terms
Omnibus Incentive Plan financial
"These awards were granted pursuant to the Company's 2024 Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
grant, award, or other acquisition financial
"Transaction is coded as a Grant, award, or other acquisition of common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Six Flags (FUN) CFO Ashok Walia report?
CFO Ashok Walia reported receiving 40,595 shares of Six Flags common stock. The shares were granted as an equity award under the 2024 Omnibus Incentive Plan rather than purchased on the open market.
What is the nature of the Six Flags (FUN) CFO’s recent equity transaction?
The transaction is categorized as a grant or award acquisition of common stock. It is a non-derivative equity award under the 2024 Omnibus Incentive Plan, not an open-market buy or sell transaction.
Which plan governed the recent Six Flags (FUN) stock award to the CFO?
The 40,595-share stock award to the CFO was granted under Six Flags’ 2024 Omnibus Incentive Plan. This plan is used to provide equity-based compensation to executives and other eligible participants.