BLBD reports option exercise and immediate sale of 8,877 common shares

Rhea-AI Filing Summary

Blue Bird Corporation (BLBD) reported a Form 144 disclosing that 8,877 shares of common stock were sold through Muriel Siebert & Co. on 08/11/2025 for an aggregate market value of $490,187.94. The shares were acquired the same day by a stock option exercise and payment was made in cash to cover the exercise price. The filing states the transaction was executed through a broker and shows total shares outstanding of 31,699,259, making the sale about 0.028% of the outstanding common stock. The filer also certifies there is no undisclosed material information.

Insights

Securities Analyst

TL;DR: Small insider sale after option exercise; proceeds modest and likely immaterial to valuation.

The Form 144 shows an immediate sale of 8,877 shares arising from a stock option exercise, generating proceeds of $490,187.94. Relative to 31,699,259 shares outstanding, this equals roughly 0.028% of the float, a de minimis volume unlikely to move market prices or alter control. The use of a broker and same-day sale suggests liquidity-driven behavior rather than a strategic change in ownership. Impact on investors is minimal based on disclosed figures.

Corporate Governance Expert

TL;DR: The filing complies with Rule 144 disclosure; no governance red flags in the notice itself.

The filer formally reported the sale and represented there is no material nonpublic information, fulfilling the certification requirement included on the form. The transaction stemmed from an option exercise with cash payment for the exercise price, and the sale was routed through a registered broker-dealer. There are no disclosures here of unusual timing, aggregation of prior sales, or related-party transfers that would signal governance concerns from this single filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Muriel Siebert & Co., Inc. 18045 Oak Street Omaha NE 68130	8877	490187.94	31699259	08/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common stock	08/11/2025	Stock option exercise	Issuer			8877	08/11/2025	Cash paid for exercise price

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Blue Bird (BLBD) report in the Form 144?

The filing reports a sale of 8,877 common shares through Muriel Siebert & Co. on 08/11/2025 with an aggregate market value of $490,187.94.

How were the shares acquired before the sale?

The shares were acquired on 08/11/2025 by a stock option exercise, and payment was made in cash to cover the exercise price.

What percentage of Blue Bird's outstanding shares does this sale represent?

The sale of 8,877 shares versus 31,699,259 outstanding shares represents about 0.028% of the outstanding common stock.

Through which broker was the sale executed?

The Form 144 lists Muriel Siebert & Co., Inc. as the broker handling the transaction.

Did the filer state whether they possess material nonpublic information?

Yes. By signing the notice the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.