[144] Blue Bird Corporation SEC Filing

Rhea-AI Filing Summary

Blue Bird Corporation (BLBD) submitted a Form 144 notice for the proposed sale of 30,000 common shares through UBS Financial Services with an aggregate market value of $1,800,000. The 30,000 shares represent approximately 0.095% of the 31,707,943 shares outstanding. The shares were acquired on 06/08/2016 by RSU vesting. The filing lists prior sales in June 2025 of 8,860 shares (06/10/2025, $363,614), 13,289 shares (06/11/2025, $554,106.93) and 14,875 shares (06/12/2025, $615,527.50), totaling 37,024 shares and $1,533,248.43 in gross proceeds over the past three months. The proposed sale date is approximately 08/08/2025 on NASDAQ. The filer affirms no undisclosed material information in the remarks.

Insights

Securities Analyst

TL;DR Routine insider sale; size is immaterial to capitalization but should be disclosed and monitored.

The proposed sale of 30,000 shares equals roughly 0.095% of outstanding stock, indicating a small insider liquidity event rather than a material divestiture. Prior June transactions total 37,024 shares (about 0.117% of outstanding) generating $1.53M in proceeds, showing ongoing incremental selling. The filing transparently notes acquisition by RSU vesting in 2016 and uses UBS as broker. From a market-impact perspective, these volumes are unlikely to move the stock but are relevant for tracking insider selling patterns.

Corporate Governance Expert

TL;DR Filing demonstrates procedural compliance with Rule 144 and records RSU-originated shares; no governance red flags evident.

The notice documents the grant origin (RSU vesting), acquisition date, and planned sale through an institutional broker, consistent with Rule 144 disclosure practices. The filer also signs the customary representation about lacking undisclosed material information. Absent other context such as executive departures or regulatory issues in this filing, the disclosure appears compliant and routine from a governance perspective.

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	UBS Financial Services, Inc. 11 Madison Avenue 4th Floor New York NY 10010	30000	1800000.00	31707943	08/08/2025	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	06/08/2016	RSU Vesting	Issuer			30000	06/08/2016	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
Phil Horlock 3920 ARKWRIGHT ROAD SUITE 200 MACON GA 31210	Common	06/10/2025	8860	363614.00
Phil Horlock 3920 ARKWRIGHT ROAD SUITE 200 MACON GA 31210	Common	06/11/2025	13289	554106.93
Phil Horlock 3920 ARKWRIGHT ROAD SUITE 200 MACON GA 31210	Common	06/12/2025	14875	615527.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 Blue Bird (BLBD) file in this Form 144?

Form 144 notice for the proposed sale of 30,000 common shares with an aggregate market value of $1,800,000.

Who is listed as the broker and where will the sale occur?

The broker is UBS Financial Services, Inc. and the sale is intended to occur on NASDAQ.

When were the shares being sold originally acquired?

The shares were acquired on 06/08/2016 through RSU vesting.

How many shares were sold in the past three months and what were the proceeds?

A total of 37,024 shares were sold on 06/10/2025, 06/11/2025 and 06/12/2025, generating $1,533,248.43 in gross proceeds.

Does the filing indicate any undisclosed material information?

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

What percentage of outstanding shares does the proposed sale represent for BLBD?

The proposed sale of 30,000 shares represents approximately 0.095% of the 31,707,943 shares outstanding.