Newman Simon J 4
Research Summary
AI-generated summary
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.