Sachem Head Entities and Individuals File Form 3 for Six Flags Entertainment

Multiple entities and individuals associated with Sachem Head Capital Management filed a Form 3 with the SEC to report beneficial ownership of Six Flags Entertainment Corporation (NYSE: FUN). The filing discloses indirect ownership of 5,030,000 common shares through affiliated funds, along with cash-settled total return swaps referencing 4,995,000 shares. Key reporting persons include Jonathan Brudnick and Scott Ferguson, both serving as directors, along with Sachem Head Capital Management LP and related entities. The filing clarifies that the cash-settled swaps do not confer voting rights or direct ownership, with positions set to expire in June 2027. Powers of attorney were executed to authorize Michael Adamski for future Section 16 filings. The disclosure highlights complex ownership structures typical of activist investment firms while maintaining compliance with SEC reporting requirements.