Newman Simon J 4
4 · Blue Bird Corp · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Blue Bird (BLBD) Director Simon J. Newman Receives RSU Award
What Happened Simon J. Newman, a director of Blue Bird Corporation (BLBD), received a grant of 2,297 restricted stock units (RSUs) on April 1, 2026. The RSUs were granted at $0.00 per unit (i.e., no cash paid) and each RSU represents a contingent right to one share of Blue Bird common stock. This was an award/grant (code A) rather than a purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely filing the next day).
- Amount: 2,297 RSUs granted; grant price reported as $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU equals a contingent right to one share. F2 — RSUs vest on March 31, 2027, but will vest in full upon a change in control or if the reporting person's service ends due to death, disability, or completion of his director term; shares are issued on vesting (subject to the company’s ownership guideline conditions and other timing rules).
- Transaction type: Award/grant (A); no immediate cash proceeds or sale.
Context RSU grants are a common form of equity compensation and do not represent an immediate purchase or sale of stock; they convert into actual shares only upon vesting. Because this is a grant, it should be viewed as a compensation/retention event rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Common Stock, par value $0.0001 per share
[F1][F2]2026-04-01+2,297→ 10,334 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.