In 2021, Philip Horlock earned $3.41M in total compensation at Blue Bird Corporation, including $720.00K salary and $2.67M in stock. Most recently acquired 62,919 shares in Dec 2024. Currently holds stock worth $13.04M. Led Blue Bird Corporation as CEO for 1 years.
Compensation History
Annual executive compensation data for Philip Horlock, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$3.41M
Salary
$720.00K
Bonus
$0.00
Other
$18.40K
Salary
$720.00KBoard Justification
The compensation philosophy emphasizes pay for performance and equity-based incentive programs designed to compensate executives for achieving operational and strategic success goals set each fiscal year.
Bonus
$0.00Board Justification
No cash awards were made under the fiscal 2021 MIP, as the performance targets were not met primarily due to the negative financial impacts of ongoing supply chain disruptions on the Company’s operations.
Other Compensation
$18.40KBoard Justification
Includes premiums for disability and life insurance paid by the company for Mr. Horlock’s benefit, and contributions to Blue Bird’s 401(k) plan on behalf of Mr. Horlock.
Restricted Stock
Board Justification
100% of the awards that vest contingent upon the achievement of applicable performance targets are reflected in the table despite the Company not achieving such targets as the Compensation Committee determined that all of his previously unvested LTI awards would vest in connection with his announced resignation from the office of CEO on October 31, 2021.
Performance Metrics
The performance metrics for the CEO's compensation are primarily based on Adjusted EBITDA.
Philip Horlock
Ex-CEO of Blue Bird Corporation
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
CEO of Blue Bird Corporation for
1 year 9 months (May 2023 - Feb 2025)
Previous Experience
CEO of Blue Bird Corporation from 2015 to 2021
Holdings
Track Philip Horlock's stock holdings and portfolio value over time.
Total Stock Sold
$15.52M
$15.52M
463,781 BLBD shares
What if they kept their stock?
If Philip Horlock didn't sell their stock, today they would have:
Extra BLBD463,781 shares worth $23.78M.
This is 53.25% and $8.26M more than what they got when they sold the stock.
Insider Trading
Philip Horlock's recent stock transactions, purchases, and sales filed with the SEC.
62,919 shares
BLBD
Dec 3, 2024
Received
$2.99M
BLBD at $50.00/share
Sep 12, 2024
Sale
$2.32M
BLBD at $48.14/share
Aug 22, 2024
Sale
$1.90M
BLBD at $33.00/share
Feb 15, 2024
Sale
$575.45K
BLBD at $33.00/share
Feb 8, 2024
Sale
$2.33M
BLBD at $31.00/share
Feb 1, 2024
Sale
$1.45M
BLBD at $29.00/share
Jan 29, 2024
Sale
$1.08M
BLBD at $27.00/share
Dec 26, 2023
Sale
$779.10K
BLBD at $25.97/share
Dec 14, 2023
Sale
81,094 shares
BLBD
Dec 9, 2023
Received
Rivals
Compare Philip Horlock with competitor CEOs and industry peers.