Form 4: Blue Bird Corp CFO Razvan Radulescu Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Razvan Radulescu, CFO of Blue Bird Corp, disposed of 3,436 shares to cover payroll tax withholding obligations related to vested restricted stock units.
Summary
- On July 2, 2024, Razvan Radulescu, the Chief Financial Officer of Blue Bird Corp, reported a transaction involving the disposal of 3,436 shares of common stock.
- The shares were disposed of to satisfy payroll tax withholding obligations related to restricted stock units that vested on the same date.
- The transaction was executed at a price of $47.44 per share.
- Following the transaction, Radulescu directly owns 93,926 shares of Blue Bird Corp.
- The report was filed on July 3, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing relates to tax obligations arising from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of transaction (share disposal and vesting of restricted stock units) |
| 07/03/2024 | Date of Form 4 filing |
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