Blue Bird (BLBD) director receives 2,297 RSU equity award

Rhea-AI Filing Summary

Hightower Edward T. reported acquisition or exercise transactions in this Form 4 filing.

Blue Bird Corp director Edward T. Hightower received an equity award of 2,297 restricted stock units (RSUs). Each RSU represents a right to receive one share of Blue Bird common stock if vesting conditions are met. Following this grant, he holds 6,396 shares directly.

The RSUs are scheduled to vest on March 31, 2027. They will vest earlier in full if there is a change in control of the company or if his service ends due to death, disability, or completion of his term as a director. Shares will be delivered after vesting upon meeting the company’s minimum stock ownership guidelines, termination of service as a director, or a change in control event.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hightower Edward T.

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 — 6,396 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.

Key Figures

RSU grant size: 2,297 RSUs Shares after transaction: 6,396 shares Grant price per share: $0.0000 per share +1 more

4 metrics

RSU grant size 2,297 RSUs Restricted stock units granted to director Edward T. Hightower

Shares after transaction 6,396 shares Total common shares held directly after RSU award

Grant price per share $0.0000 per share Reported price for RSU grant

RSU vesting date March 31, 2027 Scheduled vesting date for awarded RSUs

Key Terms

restricted stock units ("RSUs"), change in control, minimum stock ownership guidelines

3 terms

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

"such 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 vesting and 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 4

UNITED 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^*

Hightower Edward T.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	04/01/2026		A		2,297(1)(2)	A	$0	6,396	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-fact	04/02/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Blue Bird Corp (BLBD) report for Edward T. Hightower?

Blue Bird Corp reported that director Edward T. Hightower received a grant of 2,297 restricted stock units. These RSUs are a form of equity compensation that convert into common shares if vesting conditions, including time-based service and certain events, are satisfied.

How many Blue Bird Corp (BLBD) shares does Edward T. Hightower hold after this grant?

After the RSU grant, Edward T. Hightower holds 6,396 shares of Blue Bird common stock directly. This total reflects his position following the award of 2,297 restricted stock units, which will convert into shares only when the vesting conditions are met.

When do Edward T. Hightower’s Blue Bird (BLBD) RSUs vest?

The restricted stock units granted to Edward T. Hightower are scheduled to vest on March 31, 2027. They can also vest earlier in full if there is a change in control of Blue Bird, or if his service ends due to death, disability, or completion of his director term.

Under what conditions will Blue Bird (BLBD) RSUs for Edward T. Hightower be settled in shares?

Shares of Blue Bird common stock will be issued when the RSUs vest and the earlier of three events occurs: he satisfies the company’s minimum stock ownership guidelines, his service as a director ends, or a change in control event at the company takes place.

Is Edward T. Hightower’s Blue Bird (BLBD) RSU grant an open-market stock purchase?

No, the Form 4 describes a grant of 2,297 restricted stock units to Edward T. Hightower as compensation. The transaction code shows a grant or award, not an open-market purchase, and the grant price per share is reported as $0.0000.