Phil Horlock - Feb 1, 2024 Form 4 Insider Report for Blue Bird Corp (BLBD)

Signature
/s/ Matthew Meziere as attorney-in-fact
Stock symbol
BLBD
Transactions as of
Feb 1, 2024
Transactions value $
-$2,325,000
Form type
4
Date filed
2/2/2024, 10:58 AM
Previous filing
Jan 31, 2024
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLBD Common Stock, par value $0.0001 per share Sale -$2.33M -75K -16.67% $31.00 375K Feb 1, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This represents the price at which shares were sold on 2/1/2024, pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 09/14/2023.