Grimm Douglas J. 4

4 · Blue Bird Corp · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Blue Bird (BLBD) Director Douglas J. Grimm Receives RSU Award

What Happened

Douglas J. Grimm, a director of Blue Bird Corporation (BLBD), received an award of 2,297 restricted stock units (RSUs) on April 1, 2026. The award is reported as an acquisition (grant) with a reported price of $0.00 (no cash paid at grant).
This was an equity compensation award (not an open-market purchase or sale) and does not represent an immediate transfer of shares or cash proceeds.

Key Details

Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
Transaction type/code: Award/Grant (A).
Shares/units granted: 2,297 RSUs; reported grant price: $0.00; total reported cash value at grant: $0.
Shares owned after transaction: not disclosed in the filing.
Footnotes: F1 — each RSU is a contingent right to one share of common stock. F2 — RSUs vest on March 31, 2027, but vest in full on a company "change in control" or if the director's service terminates due to death, disability, or completion of the director term; shares are issued upon vesting and subject to the company's minimum ownership guideline timing.

Context

RSU grants are standard compensation to align executives/directors with shareholders; they are not market purchases and don't necessarily indicate immediate buying or selling sentiment.
Vesting and settlement conditions mean the award converts into shares only if/when vesting conditions are met (or on certain corporate events).

Form 4

Period: 2026-04-01

Director

Transactions

Award
Common Stock, par value $0.0001 per share
[F1][F2]
2026-04-01+2,297→ 28,764 total

Footnotes (2)

[F1]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.
[F2]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.

Signature

/s/ Matthew Meziere as attorney-in-fact|2026-04-02

1 file