Blue Bird Form 144: $450K Insider Sale Planned for July 2025

Rhea-AI Filing Summary

Blue Bird Corporation (BLBD) – Form 144 filing: An affiliate intends to sell up to 10,000 common shares (≈0.03% of the 31.7 million shares outstanding) through Muriel Siebert & Co. on or after 8 July 2025. The proposed sale has an aggregate market value of $450,000, implying a reference price of roughly $45 per share. The shares derive from RSU vesting on 1 July 2025 in which the insider acquired 22,578 shares. No other sales have been reported during the prior three-month period. The filer certifies awareness of no undisclosed material adverse information. Form 144 is a routine notice; actual sales may differ from the maximum amount indicated. Investors often monitor such filings as a gauge of insider sentiment, although the scale here is immaterial relative to Blue Bird’s market capitalization.

Positive

• None.

Negative

• Insider intends to sell shares, which some investors interpret as a mild bearish signal even though the amount is small.

Insights

Securities Analyst

TL;DR: Minor insider sale of 10k BLBD shares (~0.03% float); informational, not market-moving.

The Form 144 signals intent—not obligation—to sell up to 10,000 shares worth $0.45 million. Relative to Blue Bird’s ≈$1.4 billion market cap and 31.7 million shares outstanding, the proposed transaction is negligible. It stems from RSU vesting, suggesting a liquidity/cash-management motive rather than a directional view on fundamentals. No prior 3-month sales reduce concerns of systematic unloading. While any insider sale can raise eyebrows, the de-minimis size and routine RSU source lead me to consider the disclosure neutral for valuation. I would not expect meaningful price impact.

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	10000	450000.00	31711245	07/08/2025	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 stock	07/01/2025	RSU Vesting	Issuer			22578	07/01/2025	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

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

How many Blue Bird (BLBD) shares are being registered for sale?

The Form 144 covers up to 10,000 common shares.

What is the market value of the proposed BLBD share sale?

The filing lists an aggregate market value of $450,000.

When could the BLBD insider start selling the shares?

The approximate sale date stated is July 8, 2025.

How large is the sale relative to Blue Bird’s share count?

10,000 shares represent roughly 0.03% of the 31.7 million shares outstanding.

Where will the shares be sold?

The shares are expected to be sold on the NASDAQ through Muriel Siebert & Co.

What is the source of the shares being sold?

They originated from RSU vesting on July 1, 2025.