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Six Flags director sells 2 million shares



By AP
01 July 2008 @ 01:36 pm EST

NEW YORK - A director at theme park operator Six Flags Inc. sold 2 million shares of common stock, according to a Securities and Exchange Commission filing Monday.

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In a Form 4 filed with the SEC, Dwight C. Schar reported he sold the shares Thursday, Friday and Monday for $1.20 to $1.46 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Six Flags is based in New York.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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