BLBD COO files Form 3: 30,836 shares and option at $12.35
Filing Impact
Filing Sentiment
Form Type
3
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
2 transactions reported
Mixed
2 txns
Insider
Sanfrey Jeffrey Scott
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,192 shares (Direct);
Common Stock, par value $0.0001 per share — 30,836 shares (Direct)
Footnotes (1)
- 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. 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. 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.
FAQ
What did BLBD’s COO report in the Form 3?
An initial statement showing 30,836 common shares beneficially owned, including 13,500 RSUs that vest over time.
How many options does the COO hold and at what price?
A stock option for 5,192 shares with an exercise price of $12.35, exercisable from 12/12/2025 to 12/12/2032.
When do the RSUs vest for BLBD’s COO?
Installments vest on 12/12/2025, 12/06/2025, 12/05/2026, 12/02/2025, 12/01/2026, and 11/30/2027.
Are any RSUs performance-adjusted?
Yes. Certain tranches are subject to downward adjustment based on each fiscal year’s Management Incentive Performance bonus payout percentage.
Who signed the filing for the reporting person?
It was signed by /s/ Matthew Meziere as attorney-in-fact.
What is the officer’s role at Blue Bird (BLBD)?
The reporting person is the company’s Chief Operating Officer.