Blackberry SEC Filings

BlackBerry Ltd. reporting person John Joseph Giamatteo, listed as Director and CEO & President, Cybersecurity, recorded transactions on 10/02/2025. He was credited with 66,372 restricted share units (RSUs) that represent contingent rights to receive common shares or cash. On the same date, 28,343 common shares were sold at a weighted-average price of $4.62 to cover withholding taxes from RSU vesting. After these movements the filing shows 568,164 common shares beneficially owned directly and 663,716 common shares when counting the RSU holdings underlying the derivative column. The RSU award was granted on 04/02/2025 and vests in twelve equal quarterly installments through 04/02/2028.

Reporting person: Mattias Eriksson, President of IoT at BlackBerry Ltd (BB). On 10/02/2025 he was credited with 12,291 Restricted Share Units (RSUs) that vest quarterly through 04/02/2028, each unit representing a contingent right to one common share or cash at the company's discretion. On the same date he sold 5,914 common shares at a weighted-average price of $4.62 (individual sale prices ranged from $4.57 to $4.67) to cover tax withholding. After these transactions his beneficial ownership is reported as 291,340 common shares.

BlackBerry Limited (BB) reporting person Philip S. Kurtz, Chief Legal Officer and Corporate Secretary, recorded both an acquisition and a sale of common shares on 10/02/2025. He received 7,375 RSUs that convert to common shares (or cash at the company's discretion), increasing his direct beneficial ownership to 102,843 shares. Concurrently, 4,345 shares were sold at a weighted average price of $4.61 (converted from CAD) to cover withholding taxes on vesting. The RSU award was originally granted on April 2, 2025 and vests quarterly through April 2, 2028.

The filing clarifies that the RSUs are contingent rights to receive shares or equivalent cash and that the reported sale price reflects multiple transactions between $4.57 and $4.67. Following these routine compensation-related transactions, the reporting person remains a significant insider with continued direct ownership of shares.

Insider share activity by BlackBerry (BB) shows that Jennifer Armstrong-Owen, BlackBerry's Senior Vice President & Chief People Officer, had 6,146 restricted share units convert to common shares on 10/02/2025, increasing underlying rights to 61,454 common shares. To cover required tax withholding upon vesting, 2,630 shares were sold in multiple transactions at weighted average price $4.62, leaving her with 49,554 directly beneficial common shares after the transactions. The RSU award was granted on April 2, 2025 and vests in twelve equal quarterly installments through 04/02/2028. The filing was signed by an attorney-in-fact on 10/06/2025.

BlackBerry insider activity: Philip S. Kurtz, Chief Legal Officer & Corporate Secretary of BlackBerry Limited (BB), reported transactions on 09/28/2025 related to vested restricted share units and subsequent sell-to-cover activity. Performance-based RSUs totaling 52,104 units and time-based RSUs totaling 26,720 units fully vested on 09/28/2025. Each unit represents a contingent right to receive one common share or cash at the company's discretion.

The filing shows sales to cover withholding taxes: 29,201 shares and 14,977 shares were sold at a weighted average price of approximately $4.95 (prices ranged $4.95–$4.96). After these transactions, the reporting person beneficially owned 95,468 common shares.

BlackBerry Limited reported revenue of $129.6 million and net income of $13.3 million (basic and diluted EPS $0.02) for the three months ended August 31, 2025, compared with revenue of $126.2 million and a net loss of $19.7 million in the prior-year quarter. Cash, cash equivalents and investments totaled $363.5 million at August 31, 2025, down from $410.3 million at February 28, 2025, primarily driven by working capital changes. The company completed the sale of its Cylance endpoint security assets, recognizing a pre-tax gain of $10.4 million. BlackBerry has outstanding 590,361,084 common shares and convertible notes originally issued for $200.0 million bearing 3.00% interest due February 15, 2029, convertible into approximately 51–52 million shares based on the initial rate. The company repurchased 7.6 million common shares under an NCIB during the period for $30.0 million. The effective tax rate for the six months was approximately 17%. The filing discloses litigation and indemnification exposures and a deferred consideration receivable of approximately $38.1 million related to the Cylance sale.

BlackBerry director Philip G. Brace received 14,132 Deferred Share Units (DSUs) on 08/31/2025. Each DSU equals one common share and becomes payable in cash, common shares, or a combination at BlackBerry Limited's discretion after the director stops serving. Following the reported transaction, 14,132 underlying common shares relate to the DSUs and the filing reports 139,310 securities beneficially owned following the transaction. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Brace on 09/03/2025.

Barry Mainz, a director of BlackBerry Limited (BB), received 34,340 Deferred Share Units (DSUs) on 08/31/2025 as reported on Form 4. Each DSU is economically equivalent to one common share and the filing shows Mr. Mainz beneficially owns 34,340 shares following the grant. The DSUs become payable, at BlackBerry's discretion, in cash, common shares, or a combination when he stops serving as a director. The Form 4 was filed as a single reporting person submission and was signed by an attorney-in-fact on 09/03/2025.