Blue Bird (BLBD) Form 4: CFO Razvan Radulescu Sells Shares

Rhea-AI Filing Summary

Razvan Radulescu, Chief Financial Officer of Blue Bird Corporation (BLBD), reported a sale of 6,709 shares of the company's common stock on 09/02/2025 at a price of $57.41 per share. After the sale he beneficially owned 40,794 shares, reported as direct ownership. The Form 4 was signed by an attorney-in-fact on 09/03/2025. No derivative transactions were reported.

Positive

• Clear disclosure of the transaction date, price, and post-transaction beneficial ownership
• No derivative securities were reported, simplifying ownership picture
• Form signed and filed with an attorney-in-fact, indicating procedural completion

Negative

• Insider sale of 6,709 shares by the CFO reduces executive ownership
• No explanation provided on the form for the reason for the sale

Insights

Financial Analyst

TL;DR Insider CFO sold 6,709 BLBD shares on 09/02/2025, leaving 40,794 shares held; appears to be a routine disposition.

The sale is recorded under code S and shows a per-share price of $57.41. The filing lists direct ownership only and reports no options or other derivatives. The transaction size and remaining holding are disclosed clearly, enabling investors to update insider ownership figures without ambiguity.

Corporate Governance Expert

TL;DR Reported sale by the CFO is a standard Section 16 disclosure; the Form 4 contains basic required details with no other governance flags.

The form identifies the reporting person as the CFO and specifies the transaction date and price. The filing was executed by an attorney-in-fact and includes the signature date of 09/03/2025. There are no indications of related-party or derivative activity in this filing.

Insider Trade Summary

Net Seller: 6,709 shares ($385,164)

Net Sell 1 txn

Insider Radulescu Razvan

Role Chief Financial Officer

Sold 6,709 shs ($385K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.0001	6,709	$57.41	$385K

Holdings After Transaction: Common Stock, par value $0.0001 — 40,794 shares (Direct)

Footnotes (1)

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^*

Radulescu Razvan

(Last) (First) (Middle)

3920 ARKWRIGHT ROAD

SUITE 200

(Street)

MACON GA 31210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Blue Bird Corp [ BLBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/02/2025		S		6,709	D	$57.41	40,794	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:

Remarks:

	/s/ Matthew Meziere as attorney-in-fact	09/03/2025
	** 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.

FAQ

What did the Blue Bird (BLBD) Form 4 filed by Razvan Radulescu report?

The Form 4 reported a sale of 6,709 shares on 09/02/2025 at $57.41 per share, leaving 40,794 shares beneficially owned.

What is Razvan Radulescu's role at Blue Bird (BLBD)?

The filing identifies Razvan Radulescu as the company's Chief Financial Officer.

Were any options or derivative securities reported in this Form 4 for BLBD?

No. The filing reports only a non-derivative common stock sale and shows no derivative transactions.

When was the Form 4 for the BLBD transaction signed and filed?

The signature by an attorney-in-fact is dated 09/03/2025 and the transaction date is 09/02/2025.

What transaction code was used on the BLBD Form 4?

The sale is reported with transaction code S, indicating a sale of securities.