Form 4: Blue Bird Corp CFO Razvan Radulescu Sells 5,000 Shares
SEC Form 4 Filing
Blue Bird Corp's CFO, Razvan Radulescu, sold 5,000 shares of common stock at an average price of $47.08 on July 5, 2024, according to a pre-arranged Rule 10b5-1 trading plan.
Summary
- On July 5, 2024, Razvan Radulescu, the Chief Financial Officer of Blue Bird Corp, sold 5,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $47.08 per share.
- The transactions occurred within a price range of $46.96 to $47.27.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on September 14, 2023.
- Following the transaction, Radulescu directly owns 88,926 shares of Blue Bird Corp.
- The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding transactions by company executives.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 2023/09/14 | Date of adoption of Rule 10b5-1 trading plan |
| 2024/07/05 | Date of stock sale transaction |
| 2024/07/08 | Date of signature for the Form 4 filing |
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