Six Flags Entertainment (FUN) chair gains 261K shares, 111K withheld for taxes
Rhea-AI Filing Summary
Six Flags Entertainment Corporation/NEW insider activity: Executive Chairman and Director Selim Bassoul reported equity transactions dated 12/31/2025. He acquired 261,000 shares of common stock at $0.00 per share through accelerated vesting and settlement of previously unreported Performance Stock Units in connection with his departure from the company. To cover related tax liabilities, 110,955 shares were withheld at $15.34 per share. Following these transactions, he directly beneficially owned 537,223 shares of Six Flags common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 261,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 110,955 | $15.34 | $1.70M |
Footnotes (1)
- Shares earned upon accelerated vesting and settlement of previously unreported Performance Stock Units ("PSUs"), in connection with the reporting person's departure from Six Flags Entertainment Corporation (the "Company"). Represents shares withheld for payment of tax liability resulting from the accelerated vesting and settlement of the PSUs described in footnote 1 above.
FAQ
What insider transaction did Selim Bassoul report at Six Flags Entertainment (FUN)?
Executive Chairman and Director Selim Bassoul reported that on 12/31/2025 he acquired 261,000 shares of Six Flags common stock at $0.00 per share through accelerated vesting and settlement of Performance Stock Units.
What is Selim Bassoul’s role at Six Flags Entertainment (FUN) in this filing?
In this filing, Selim Bassoul is identified as a Director and Officer, serving as Executive Chairman of Six Flags Entertainment Corporation/NEW.
What type of securities are involved in Selim Bassoul’s Six Flags (FUN) Form 4?
The Form 4 reports transactions in common stock, par value $0.01 per share, including shares delivered from Performance Stock Units and shares withheld to cover taxes.