BlackBerry (BB) officer details RSU vesting, tax-share sales and holdings

Rhea-AI Filing Summary

BlackBerry Limited’s chief legal officer and corporate secretary reported equity award activity. On January 2, 2026, restricted share units (RSUs) for 19,436 and 7,375 units were exercised into an equal number of common shares. Following these transactions, the officer directly owned 114,188 common shares and held 66,370 RSUs.

To cover withholding taxes upon RSU vesting, the officer sold 7,838 and 3,283 common shares. The weighted average sale price reported was $3.89 per share, converted from Canadian dollars using the Bank of Canada exchange rate, with individual sale prices ranging from $3.86 to $3.92, excluding fees and commissions. The RSU grants were originally awarded in January 2024 and April 2025 and vest over multi‑year schedules through January 2, 2027 and April 2, 2028, assuming continued employment.

Insider Trade Summary

Net Seller: 11,121 shares ($43,261)

Net Sell 6 txns

Insider Kurtz Philip S.

Role CLO & Corp. Secretary

Sold 11,121 shs ($43K)

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	19,436	$0.00	--
Exercise	Restricted Share Units	7,375	$0.00	--
Exercise	Common Shares	19,436	$0.00	--
Sale	Common Shares	7,838	$3.89	$30K
Exercise	Common Shares	7,375	$0.00	--
Sale	Common Shares	3,283	$3.89	$13K

Holdings After Transaction: Restricted Share Units — 19,436 shares (Direct); Common Shares — 117,934 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 was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $3.92, 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 January 2, 2024 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending January 2, 2027. 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Kurtz Philip S.

(Last) (First) (Middle)

C/O BLACKBERRY LIMITED

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO A6 N2K 0A7

(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)
	CLO & Corp. Secretary

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		19,436	A	(1)	117,934	D
Common Shares	01/02/2026		S		7,838	D(2)	$3.89(3)(4)	110,096	D
Common Shares	01/02/2026		M		7,375	A	(1)	117,471	D
Common Shares	01/02/2026		S		3,283	D(2)	$3.89(3)(4)	114,188	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			19,436	(5)	(5)	Common Shares	19,436	(1)	19,436	D
Restricted Share Units	(1)	01/02/2026		M			7,375	(6)	(6)	Common Shares	7,375	(1)	66,370	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 was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $3.92, 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.

5. This award was granted on January 2, 2024 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending January 2, 2027.

6. 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 Phil Kurtz	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) report in this Form 4?

The filing reports that a BlackBerry officer exercised restricted share units (RSUs) into common shares on January 2, 2026 and sold a portion of those shares to cover withholding taxes.

How many BlackBerry shares did the officer acquire and sell in this transaction?

The officer acquired 19,436 and 7,375 common shares upon RSU vesting and sold 7,838 and 3,283 common shares to cover withholding taxes.

What was the reported sale price for the BlackBerry (BB) shares?

The reported weighted average sale price was $3.89 per share, converted from Canadian dollars. Individual trades occurred between $3.86 and $3.92 per share, excluding fees and commissions.

How many BlackBerry shares and RSUs does the officer hold after these transactions?

After the reported transactions, the officer beneficially owned 114,188 common shares directly and 66,370 restricted share units.

Why were some BlackBerry shares sold in connection with the RSU vesting?

The filing states that the 7,838 and 3,283 shares sold were used to cover withholding taxes upon vesting of the restricted share units.

What are the vesting schedules for the reported BlackBerry RSU awards?

One RSU award granted on January 2, 2024 vests in three equal annual instalments ending January 2, 2027, and another granted on April 2, 2025 vests in twelve equal quarterly instalments ending April 2, 2028, assuming continued employment.