JAFFER REHAN 4
4 · Six Flags Entertainment Corporation/NEW · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Six Flags (FUN) Director Rehan Jaffer Buys 250,000 Shares
What Happened
- Rehan Jaffer, a Director of Six Flags Entertainment Corp. (FUN), reported two open-market purchases (code P) totaling 250,000 shares. On 2026-06-12 he acquired 125,000 shares for a reported weighted-average price of $23.69 (total ~$2,961,613). On 2026-06-15 he acquired 125,000 shares for a reported weighted-average price of $23.41 (total ~$2,926,063). Aggregate consideration for both purchases is about $5,887,676.
Key Details
- Transaction dates and reported amounts:
- 2026-06-12 — 125,000 shares at $23.69 (weighted avg) — $2,961,613
- 2026-06-15 — 125,000 shares at $23.41 (weighted avg) — $2,926,063
- The filing notes the reported prices are weighted averages and the purchases were executed in multiple trades. Footnotes disclose trade price ranges of $23.09–$23.77 and $23.45–$24.065 across the transactions.
- Shares are held by funds managed by H Partners Management, LLC. As Founder and Managing Member of H Management, Mr. Jaffer may be deemed to have voting and dispositive power over those fund-held shares; he disclaims beneficial ownership except to the extent of his pecuniary interest (per footnote).
- Filing timeliness: Form 4 was filed 2026-06-16 for transactions on 2026-06-12 and 2026-06-15 — the Form 4 filing date is within the normal 2-business-day window.
Context
- These were open-market purchases (code P), not option exercises or awards. The filing does not disclose the total number of Six Flags shares Mr. Jaffer beneficially owns after these transactions in the provided excerpt. Purchases by insiders are factual data points for investors but do not by themselves explain motives or guarantee future performance.
Insider Transaction Report
Form 4
JAFFER REHAN
Director
Transactions
- Purchase
Common Stock, par value $0.01 per share
[F1][F2]2026-06-12$23.69/sh+125,000$2,961,613→ 4,775,000 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.01 per share
[F3][F2]2026-06-15$23.41/sh+125,000$2,926,063→ 4,900,000 total(indirect: See Footnote)
Footnotes (3)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $23.4500 to $24.0650, inclusive. The reporting person undertakes to provide Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F2]Funds owned and managed by H Partners Management, LLC ("H Management") directly own the reported securities. As a result, the Reporting Person, as Founder and Managing Member of H Management, may be deemed to have voting and dispositive power with respect to the shares of common stock held by the managed funds. Mr. Jaffer disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $23.0900 to $23.7700, inclusive. The reporting person undertakes to provide Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Signature
/s/ Rehan Jaffer|2026-06-16