{"schema_version":"secwatch.filing_event.v1","accession":"0001589526-24-000007","form_type":"8-K","ticker":"BLBD","cik":"0001589526","company_name":"Blue Bird Corp","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.722411+00:00","generated_at":"2026-06-06T13:30:20.402700+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Blue Bird adopts CIC plan with cash bonuses up to 6x target at $40+ per share","bullets":["CIC Plan provides cash multipliers based on per-share price: 2X (<$25) to 6X ($40+). CEO Horlock bonus range $3M-$9M.","Omnibus Amendment accelerates vesting of all outstanding stock options and RSUs upon a Change in Control.","Formal employment agreements for CEO Horlock ($1M base, 150% MIP), President Smith, CFO Radulescu, SVP Scartz with severance terms.","Severance for qualifying termination within 18 months post-CIC: lump sum equal to annualized base salary or greater if existing benefit.","CIC Plan terminates if no change of control occurs within three years; includes clawback and forfeiture provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001589526-24-000007","json":"https://secwatch.observer/filing/0001589526-24-000007.json","markdown":"https://secwatch.observer/filing/0001589526-24-000007.md","text":"https://secwatch.observer/filing/0001589526-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589526/000158952624000007/0001589526-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589526/000158952624000007/blbd-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T13:30:20.402700+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}