Form 4: Blue Bird Corp Executive Sells Shares for Tax
Insider Transaction Report
Blue Bird Corp's SVP General Counsel, Ted Scartz, disposed of 626 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- Ted Scartz, SVP General Counsel of Blue Bird Corp (BLBD), reported a transaction involving the company's common stock.
- On December 12, 2025, 626 shares of Blue Bird Corp common stock were disposed of.
- The transaction occurred at a price of $50.36 per share.
- This disposal was specifically to satisfy payroll tax withholding obligations associated with restricted stock units that vested on the same date.
- Following this transaction, Scartz beneficially owns 59,910 shares of Blue Bird Corp common stock.
Sentiment
Score: 5
Explanation: Routine insider transaction for tax purposes, indicating no significant change in company outlook or executive's confidence.
Key Dates
| Date | Description |
|---|---|
| 12/12/2025 | Date of transaction and vesting of restricted stock units. |
| 12/16/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine, tax-related sale of shares by an executive upon the vesting of restricted stock units. It does not indicate any change in the company's fundamentals or the executive's long-term view, thus a 'hold' recommendation remains appropriate based solely on this filing.
Keywords
Blue Bird Corp, BLBD, Ted Scartz, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, RSU
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