Blaufuss Mark 4

What Happened Mark Blaufuss, a director of Blue Bird Corporation (BLBD), received an award of 2,297 restricted stock units (RSUs) on April 1, 2026. The Form 4 reports the grant as an acquisition at $0.00 per RSU (total $0 reported). Each RSU represents a contingent right to one share of Blue Bird common stock that will convert to shares upon vesting.

Key Details

• Transaction date and type: 2026-04-01 — Award/Grant (code A) of 2,297 RSUs at $0.00.
• Vesting: RSUs vest on March 31, 2027, except they vest in full earlier upon a company "change in control" or if the reporting person's service terminates due to death, disability, or completion of his director term (per footnotes).
• Settlement: Shares of common stock will be issued upon vesting and the earlier of the reporting person's compliance with applicable minimum stock ownership guidelines, termination of director service, or a change in control.
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Reported on Form 4 filed 2026-04-02 for a 2026-04-01 transaction — appears timely (no late filing indicated).
• Notes: F1 clarifies each RSU equals a contingent right to one share; F2 details vesting and special acceleration conditions.

Context This was a compensation award (RSUs), not an open-market purchase or sale. RSU grants are common director compensation and do not immediately transfer shares or reflect an immediate cash investment by the insider. The award's economic value depends on Blue Bird's future stock price and whether vesting conditions are met.