Grimm Douglas J. 4

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).