secwatch.observer — SEC 8-K summary
======================================

Issuer:     Blue Bird Corp (BLBD)
CIK:        0001589526
Form:       8-K/A
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001589526-26-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Bird appoints Steve Girardin to board; discloses $205M in related-party dealer revenue
--------------------------------------------------------------------------------

- Steve Girardin appointed Class III Director, term through 2029; will serve on Nominating Committee.
- Board Election Agreement: GAG must vote BLBD shares per Board recommendations until 2029 or if Girardin leaves.
- Related-party dealer transactions: Blue Bird received ~$205M in FY2025 and ~$146M in H1 FY2026 revenue from Superbird.
- Blue Bird paid Superbird ~$3.7M (FY2025) and ~$702K (H1 FY2026) for parts/warranty.
- Micro Bird paid Valiant ~$3M (FY2025) and ~$2M (H1 FY2026) in rent; Girardin family controls both entities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589526/000158952626000020/0001589526-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589526/000158952626000020/blbd-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001589526-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer