BLBD Form 4: Director Phil Horlock Reports 30,000-Share Sale on 08/08/2025
Rhea-AI Filing Summary
Phil Horlock, a director of Blue Bird Corporation (BLBD), reported a sale of company common stock on 08/08/2025. The Form 4 shows a transaction coded as a sale of 30,000 shares at a price shown as $60 per share, leaving the reporting person with 240,766 shares beneficially owned after the transaction. The Form 4 was signed by an attorney-in-fact, Matthew Meziere, on 08/11/2025.
Positive
- Clear quantitative disclosure of shares sold (30,000) and post-transaction beneficial ownership (240,766)
- Form 4 filed and signed (attorney-in-fact signature dated 08/11/2025), providing official Section 16 disclosure
Negative
- Insider sale of 30,000 shares by a director, which reduces insider ownership
- No 10b5-1 plan indicated on this Form 4 (no checkbox marked to show a prearranged trading plan)
Insights
TL;DR: Director sale of 30,000 BLBD shares reported; remaining beneficial ownership 240,766 shares.
The filing documents a direct sale by director Phil Horlock on 08/08/2025 of 30,000 common shares at a price recorded as $60, resulting in reported beneficial ownership of 240,766 shares. The disclosure is routine Section 16 reporting and provides clear, quantified detail on the change in insider holdings; no derivative or additional compensatory transactions are reported in this Form 4.
TL;DR: Routine insider sale disclosed; documentation signed by attorney-in-fact on 08/11/2025.
The Form 4 identifies Phil Horlock as the reporting person and director, and it records a sale transaction on 08/08/2025. The form was executed by an attorney-in-fact, Matthew Meziere, on 08/11/2025. From a governance standpoint, the filing provides the necessary transactional detail but does not indicate any 10b5-1 plan or derivative activity on this form.