BLBD COO files Form 3: 30,836 shares and option at $12.35
Rhea-AI Filing Summary
Blue Bird Corp (BLBD) reported an initial statement of beneficial ownership for its Chief Operating Officer as of 10/22/2025. The officer beneficially owns 30,836 shares of common stock, which includes 13,500 RSUs that convert to one share each upon vesting.
RSU tranches vest on 12/12/2025 (843 and 844), in two equal installments on 12/06/2025 and 12/05/2026 (2,311 each), and in three equal installments on 12/02/2025, 12/01/2026, and 11/30/2027 (2,373 and 4,818), with certain tranches subject to downward adjustment tied to Management Incentive Performance bonus payouts. The filing also lists a stock option for 5,192 shares at $12.35, exercisable starting 12/12/2025 and expiring 12/12/2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
Footnotes (3)
- F1. The total is comprised of 17,336 shares of Blue Bird Corporation common stock and grants of 13,500 restricted stock units ("RSUs"), with each of the RSUs representing a contingent right to receive one share of common stock of Blue Bird Corporation, that vest as described in further detail in the additional footnotes.
- F2. 843 RSUs vest effective December 12, 2025; 2,311 RSUs vest in two equal installments effective December 6, 2025 and December 5, 2026; and 2,373 RSUs vest in three equal installments effective December 2, 2025, December 1, 2026, and November 30, 2027.
- F3. 844 RSUs vest effective December 12, 2025; 2,311 RSUs vest in two equal installments effective December 6, 2025 and December 5, 2026; and 4,818 RSUs vest in three equal installments effective December 2, 2025, December 1, 2026, and November 30, 2027, each subject to downward adjustment consistent with each respective fiscal year's actual percentage payout of the Management Incentive Performance bonus award.
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