BlackBerry (BB) officer details RSU vesting and insider share sale
Rhea-AI Filing Summary
BlackBerry Limited reported an insider equity transaction by its Sr VP & Chief People Officer. On January 2, 2026, 6,146 restricted share units were converted into an equal number of common shares, increasing the executive’s direct holdings.
On the same date, 3,227 common shares were sold at a weighted average price of $3.82, in sales made to cover withholding taxes upon vesting of the restricted share units. After these transactions, the reporting person directly owned 52,473 common shares. The underlying RSU award was granted on April 2, 2025 and is scheduled to vest in twelve equal quarterly installments ending April 2, 2028, with each unit representing a right to receive one common share or cash, or a combination, at BlackBerry’s discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 6,146 | $0.00 | -- |
| Exercise | Common Shares | 6,146 | $0.00 | -- |
| Sale | Common Shares | 3,227 | $3.82 | $12K |
Footnotes (1)
- Each unit represents a contingent right to receive one common share or an equivalent amount of cash, or a combination of the two, at the discretion of BlackBerry Limited. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.80 to $3.87, exclusive of any fees, commissions or other expenses. The Reporting Person undertakes to provide BlackBerry, any shareholder of BlackBerry, or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This award was granted on April 2, 2025, and assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 2, 2028.
FAQ
What insider transaction did BlackBerry (BB) disclose in this filing?
The filing shows a BlackBerry Sr VP & Chief People Officer had 6,146 restricted share units convert into common shares on January 2, 2026, and sold 3,227 common shares the same day.
What position does the reporting person hold at BlackBerry (BB)?
The reporting person is identified as an officer of BlackBerry, serving as Sr VP & Chief People Officer.