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Blue Bird Corp (BLBD) director awarded 2,297 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Newman Simon J reported acquisition or exercise transactions in this Form 4 filing.

Blue Bird Corp director Simon J. Newman received a stock-based award rather than buying shares on the market. He was granted 2,297 restricted stock units (RSUs), each representing the right to receive one share of common stock. The RSUs are scheduled to vest on March 31, 2027, with accelerated vesting if there is a change in control or if his board service ends due to death, disability, or completion of his term. After this grant, he directly holds 10,334 common shares.

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Insider Newman Simon J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.0001 per share 2,297 $0.00 --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 10,334 shares (Direct)
Footnotes (1)
  1. The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation. The RSUs will vest on March 31, 2027; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company or if the reporting person's service terminates due to death, disability or due to completion of the reporting person's term of office as a director. Shares of common stock will be issued in settlement of the RSUs upon vesting and the earlier of the reporting person's compliance with the Company's applicable minimum stock ownership guidelines, termination of service as a director or a change in control event.
RSUs granted 2,297 units Restricted stock units awarded to director
Shares held after 10,334 shares Director’s direct common stock holdings post-grant
RSU vesting date March 31, 2027 Scheduled vesting of restricted stock units
restricted stock units ("RSUs") financial
"The award represents a grant of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"The RSUs will vest in full upon the occurrence of a "change in control" of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
minimum stock ownership guidelines financial
"upon the earlier of the reporting person's compliance with the Company's applicable minimum stock ownership guidelines"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Newman Simon J
(Last)(First)(Middle)
3920 ARKWRIGHT ROAD, SUITE 200
(Street)
MACON GEORGIA 31210
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Blue Bird Corp [ BLBD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share04/01/2026A2,297(1)(2)A$010,334D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.
2. The RSUs will vest on March 31, 2027; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company or if the reporting person's service terminates due to death, disability or due to completion of the reporting person's term of office as a director. Shares of common stock will be issued in settlement of the RSUs upon vesting and the earlier of the reporting person's compliance with the Company's applicable minimum stock ownership guidelines, termination of service as a director or a change in control event.
Remarks:
/s/ Matthew Meziere as attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Blue Bird Corp (BLBD) director Simon J. Newman report in this Form 4?

Simon J. Newman reported receiving 2,297 restricted stock units (RSUs) of Blue Bird Corp common stock. The award is stock-based compensation, not an open-market purchase, and increased his direct holdings to 10,334 common shares following the transaction.

How many restricted stock units did the Blue Bird (BLBD) director receive?

The director received 2,297 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Blue Bird Corp common stock, delivered when vesting and settlement conditions described in the award terms are satisfied.

When do the Blue Bird Corp (BLBD) RSUs granted to the director vest?

The RSUs are scheduled to vest on March 31, 2027. Vesting can occur earlier if there is a change in control of the company or if the director’s service ends due to death, disability, or completion of his term of office.

What events accelerate vesting of the Blue Bird (BLBD) director’s RSUs?

Vesting accelerates in full upon a change in control of the company or if the director’s service ends because of death, disability, or completion of his board term. These conditions allow earlier settlement of the restricted stock units than the scheduled 2027 vesting.

How and when will the Blue Bird Corp (BLBD) RSUs be settled into shares?

Shares of common stock will be issued upon vesting and the earlier of meeting the company’s minimum stock ownership guidelines, termination of service as a director, or a change in control. Settlement timing follows these award conditions rather than immediate delivery.

What is the director’s Blue Bird (BLBD) share ownership after this Form 4 transaction?

Following the RSU grant, Simon J. Newman directly holds 10,334 shares of Blue Bird Corp common stock. This figure reflects his direct ownership immediately after the award reported in the Form 4 filing, excluding any unvested RSUs not yet settled into shares.