Form 4: Blue Bird Corp Executive Ted Scartz Disposes of Shares for Tax Obligations

Blue Bird Corp's SVP General Counsel, Ted Scartz, disposed of 10,581 shares of common stock at $44.2 per share to cover payroll tax withholding obligations related to vested restricted stock units.

Summary

• Ted Scartz, SVP General Counsel of Blue Bird Corp (BLBD), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 10,581 shares of Common Stock, par value $0.0001 per share.
• The shares were disposed of at a price of $44.2 per share.
• This disposition was specifically for satisfying payroll tax withholding obligations related to restricted stock units that vested on the same date, July 1, 2025.
• Following this transaction, Ted Scartz beneficially owns 48,769 shares of Blue Bird Corp Common Stock.

Sentiment

Score: 6

Explanation: The transaction is largely neutral as it's a routine tax-related disposition following RSU vesting. The vesting itself is positive for the executive, but the sale for tax purposes is a common occurrence and not indicative of a change in sentiment towards the company.

Positives

• The transaction indicates the vesting of restricted stock units (RSUs), which is a positive event for the executive as it represents earned compensation.

Negatives

• The disposition of shares, while for tax purposes, reduces the executive's direct ownership in the company.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders, as it's a tax-related disposition rather than a discretionary sale.

Key Dates

Keywords

Blue Bird Corp, BLBD, Ted Scartz, Form 4, SEC filing, insider transaction, restricted stock units, RSU vesting, tax withholding, common stock