STOCK TITAN

BlackBerry (BB) officer details RSU vesting and insider share sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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

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Negative

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Insider Armstrong-Owen Jennifer
Role Sr VP & Chief People Officer
Sold 3,227 shs ($12K)
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
Holdings After Transaction: Restricted Share Units — 55,308 shares (Direct); Common Shares — 55,700 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Armstrong-Owen Jennifer

(Last) (First) (Middle)
C/O BLACKBERRY LTD.
2200 UNIVERSITY AVENUE EAST

(Street)
WATERLOO A6 N2K0A7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BLACKBERRY Ltd [ BB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP & Chief People Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 01/02/2026 M 6,146 A (1) 55,700 D
Common Shares 01/02/2026 S 3,227 D(2) $3.82(3) 52,473 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (1) 01/02/2026 M 6,146 (4) (4) Common Shares 6,146 (1) 55,308 D
Explanation of Responses:
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.
2. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
3. 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.
4. 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.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Jennifer Armstrong-Owen 01/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many BlackBerry (BB) shares did the executive sell and at what price?

The executive sold 3,227 common shares at a weighted average price of $3.82 per share, with individual sale prices ranging from $3.80 to $3.87, excluding fees and commissions.

Why were BlackBerry (BB) shares sold in this insider transaction?

According to the filing, the 3,227 common shares were sold to cover withholding taxes upon the vesting of restricted share units.

How many BlackBerry (BB) shares does the reporting person own after the transaction?

Following the reported transactions, the reporting person directly owned 52,473 BlackBerry common shares.

What are the terms of the BlackBerry (BB) restricted share units in this filing?

The RSU award was granted on April 2, 2025 and, assuming continued employment, vests in twelve equal quarterly installments ending April 2, 2028. Each unit represents a right to receive one common share, cash of equal value, or a combination, at BlackBerry’s discretion.

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.