[8-K] BLACKBERRY Ltd Reports Material Event

Rhea-AI Filing Summary

BlackBerry Limited reported a leadership change in its QNX division. Effective November 18, 2025, Mattias Eriksson stepped down from his role as President, QNX to pursue other opportunities. He will continue to support the company as an advisor until December 31, 2025, providing a short transition period.

The company stated that Mr. Eriksson’s departure is not due to any disagreement regarding strategy, operations, policies or practices. Under a separation agreement signed on November 17, 2025, he will receive separation pay and benefits consistent with the terms previously described in BlackBerry’s Definitive Proxy Statement filed on May 12, 2025. The announcement was also communicated in a press release filed as an exhibit.

Insights

Corporate governance and leadership analyst

BlackBerry announces an orderly transition as its QNX president departs.

BlackBerry disclosed that Mattias Eriksson will step down as President of its QNX division effective November 18, 2025, with an advisory role continuing through December 31, 2025. This suggests a planned transition rather than a sudden vacancy, which can help maintain continuity in QNX operations during the handover.

The company explicitly stated that the departure is not due to any disagreement over strategy, operations, policies, or practices. That language is important for investors because it reduces concerns that the change reflects internal conflict or a shift in strategic direction for the QNX business.

The separation agreement provides for pay and benefits as previously outlined in the proxy filed on May 12, 2025, indicating terms consistent with pre-disclosed executive arrangements. This alignment limits surprises around compensation and supports transparency in how BlackBerry manages senior leadership transitions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

November 17, 2025

Date of Report (date of earliest event reported)

BlackBerry Limited

(Exact name of registrant as specified in its charter)

Canada

001-38232

98-0164408

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

2200 University Ave East

Waterloo

Ontario

Canada

N2K 0A7

(Address of Principal Executive Offices)

(Zip Code)

(519) 888-7465

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Shares			BB			New York Stock Exchange
Common Shares			BB			Toronto Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 5.02(b) – Departure of Mattias Eriksson as President, QNX

Effective November 18, 2025, Mattias Eriksson stepped down from his position as President of the QNX division of BlackBerry Limited (the “Company”) to pursue other opportunities. Mr. Eriksson will remain as an advisor to the Company until December 31, 2025. Mr. Eriksson’s departure is not the result of any disagreement with the Company on matters related to its strategy, operations, policies or practices.

On November 17, 2025, the Company and Mr. Eriksson entered into a separation agreement pursuant to which Mr. Eriksson will receive certain separation pay and benefit entitlements as described in the Company’s Definitive Proxy Statement on Schedule 14A, which was filed with the SEC on May 12, 2025.

A copy of the press release containing the announcement is filed as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number						Description
99.1						BlackBerry Limited press release dated November 17, 2025
104						Cover page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BlackBerry Limited

Date:

November 18, 2025

By:

/s/ Tim Foote

Name:

Tim Foote

Title:

Chief Financial Officer

FAQ

What leadership change did BlackBerry (BB) announce in this 8-K?

BlackBerry reported that Mattias Eriksson stepped down as President, QNX effective November 18, 2025, and will act as an advisor until December 31, 2025.

Why did BlackBerry QNX President Mattias Eriksson leave the company?

BlackBerry stated that Mattias Eriksson stepped down as President, QNX to pursue other opportunities, and confirmed the departure was not due to any disagreement over strategy, operations, policies, or practices.

Is Mattias Eriksson’s departure from BlackBerry related to any disagreement with the company?

No. BlackBerry explicitly noted that Mr. Eriksson’s departure is not the result of any disagreement with the company on strategy, operations, policies, or practices.

What transition arrangements did BlackBerry (BB) make for the QNX president role?

Mr. Eriksson will remain as an advisor to BlackBerry until December 31, 2025, providing a transition period following his November 18, 2025 departure as President, QNX.

What compensation will Mattias Eriksson receive in connection with his departure from BlackBerry?

BlackBerry and Mr. Eriksson entered into a separation agreement on November 17, 2025, under which he will receive separation pay and benefit entitlements as described in the company’s Definitive Proxy Statement filed on May 12, 2025.

How did BlackBerry (BB) communicate the QNX leadership change to the market?

BlackBerry issued a press release dated November 17, 2025 announcing Mr. Eriksson’s departure, which is filed as Exhibit 99.1 and incorporated by reference.