[144] Blue Bird Corporation SEC Filing

Rhea-AI Filing Summary

Insider sale notice for BLBD (Form 144) The filing notifies a proposed sale of 6,709 shares of common stock through Muriel Siebert & Co., with an aggregate market value of $390,000 and an approximate sale date of 09/02/2025 on NASDAQ. The shares were acquired via RSU vesting on 07/01/2025 (1,878 shares) and 07/02/2025 (4,831 shares). The filer also reported three recent open-market sales in the past three months totaling 20,700 shares for gross proceeds of $1,026,014.00. The filer certifies no undisclosed material adverse information.

Positive

• None.

Negative

• Insider selling activity: Proposed sale of 6,709 shares and prior sales of 20,700 shares totaling $1,026,014 in gross proceeds may be viewed negatively by some investors.
• Concentration of recent sales: Multiple sales within a two-month window (July–August 2025) show ongoing disposition of insider-held shares.

Insights

Securities Analyst

TL;DR: Company insider is selling recently vested RSUs; recent sales generated over $1.0M in proceeds, likely a liquidity event rather than a governance change.

The filing documents a proposed sale of 6,709 shares (market value $390k) from RSU vesting earlier in July and lists prior sales of 20,700 shares in July–August totaling $1,026,014. This pattern indicates continued disposition of vested equity rather than an unexplained transfer. For investors, this is a disclosure of insider liquidity; the amounts are modest relative to many public-company market caps, and the filer affirms no undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Routine Rule 144 notice showing insider compliance; filing includes required acquisition and sale history and a standard representation about material information.

The Form 144 provides the necessary details: acquisition dates, nature of acquisition (RSU vesting), broker, planned sale date, and recent sales with gross proceeds. From a governance perspective, the notice demonstrates procedural compliance with Section 144 disclosure requirements. There is no indication in the filing of any unusual related-party transaction or governance action.

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	6709	390000.00	31805032	09/02/2025	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	07/01/2025	RSU Vesting	Issuer			1878	07/01/2025	N/A
Common stock	07/02/2025	RSU Vesting	Issuer			4831	07/02/2025	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Razvan Radulescu 3920 ARKWRIGHT ROAD, SUITE 200 MACON GA 31210	Common Stock	07/08/2025	10000	451900.00
Razvan Radulescu 3920 ARKWRIGHT ROAD, SUITE 200 MACON GA 31210	Common Stock	08/07/2025	10000	532100.00
Razvan Radulescu 3920 ARKWRIGHT ROAD, SUITE 200 MACON GA 31210	Common Stock	08/08/2025	700	42014.00

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 does the BLBD Form 144 disclose?

The notice discloses a proposed sale of 6,709 common shares (aggregate market value $390,000) to be sold on 09/02/2025 through Muriel Siebert & Co.

How were the shares acquired that are being sold on BLBD Form 144?

The shares were acquired by the filer through RSU vesting on 07/01/2025 (1,878 shares) and 07/02/2025 (4,831 shares).

Has the filer sold BLBD shares recently?

Yes. The filer reported three sales in the past three months totaling 20,700 shares for $1,026,014.00 in gross proceeds (07/08/2025, 08/07/2025, 08/08/2025).

On which exchange will the proposed BLBD sale occur?

The proposed sale is listed to occur on NASDAQ with Muriel Siebert & Co. as the broker.

Does the Form 144 state any undisclosed material information about BLBD?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.