STOCK TITAN

[Form 4] BlackBerry Limited Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

BlackBerry CLO & Corporate Secretary Philip Kurtz reported significant insider transactions on June 24, 2025. The transactions involved:

  • Acquisition of 34,782 common shares through the vesting of Restricted Share Units (RSUs)
  • Subsequent sale of 16,217 shares at $5.25 per share (weighted average) to cover withholding taxes
  • Net beneficial ownership increased to 57,503 shares held directly after these transactions

The RSUs fully vested on June 24, 2025, with each unit representing a right to receive either one common share, cash equivalent, or a combination at BlackBerry's discretion. The sale price was converted from Canadian dollars to USD using the Bank of Canada exchange rate, with individual transactions ranging from $5.24 to $5.26 per share.

Philip Kurtz, CLO e Segretario Aziendale di BlackBerry, ha riportato importanti operazioni di insider trading il 24 giugno 2025. Le operazioni hanno riguardato:

  • L'acquisizione di 34.782 azioni ordinarie tramite il consolidamento di Restricted Share Units (RSU)
  • La successiva vendita di 16.217 azioni a 5,25 $ per azione (prezzo medio ponderato) per coprire le tasse di ritenuta
  • La proprietà netta effettiva è aumentata a 57.503 azioni detenute direttamente dopo queste operazioni

Le RSU sono state completamente consolidate il 24 giugno 2025, con ogni unità che rappresenta il diritto a ricevere una azione ordinaria, un equivalente in denaro o una combinazione di entrambi a discrezione di BlackBerry. Il prezzo di vendita è stato convertito da dollari canadesi a dollari statunitensi utilizzando il tasso di cambio della Bank of Canada, con transazioni individuali che variavano da 5,24 a 5,26 $ per azione.

Philip Kurtz, CLO y Secretario Corporativo de BlackBerry, reportó transacciones significativas de insiders el 24 de junio de 2025. Las transacciones incluyeron:

  • La adquisición de 34,782 acciones ordinarias mediante la consolidación de Unidades de Acciones Restringidas (RSU)
  • La venta posterior de 16,217 acciones a 5.25 $ por acción (promedio ponderado) para cubrir impuestos retenidos
  • La propiedad neta beneficiosa aumentó a 57,503 acciones mantenidas directamente después de estas transacciones

Las RSU se consolidaron completamente el 24 de junio de 2025, y cada unidad representa el derecho a recibir una acción ordinaria, un equivalente en efectivo o una combinación, a discreción de BlackBerry. El precio de venta fue convertido de dólares canadienses a dólares estadounidenses usando la tasa de cambio del Banco de Canadá, con transacciones individuales que oscilaron entre 5.24 y 5.26 $ por acción.

BlackBerry의 CLO 겸 기업 비서인 Philip Kurtz는 2025년 6월 24일 중요한 내부자 거래를 보고했습니다. 거래 내용은 다음과 같습니다:

  • 제한 주식 단위(RSU)의 취득을 통해 34,782 보통주 확보
  • 원천징수세 납부를 위해 16,217주를 주당 5.25달러 (가중평균 가격)로 매도
  • 이 거래 후 직접 보유한 순 실질 소유주식 수가 57,503주로 증가

RSU는 2025년 6월 24일에 완전히 취득되었으며, 각 단위는 BlackBerry의 재량에 따라 보통주 1주, 현금 상당액 또는 그 조합을 받을 권리를 나타냅니다. 매도 가격은 캐나다 달러에서 미국 달러로 캐나다 은행 환율을 적용해 환산되었으며, 개별 거래 가격은 주당 5.24달러에서 5.26달러 사이였습니다.

Philip Kurtz, CLO et Secrétaire Général de BlackBerry, a déclaré d'importantes transactions d'initiés le 24 juin 2025. Les transactions comprenaient :

  • L'acquisition de 34 782 actions ordinaires via l'acquisition des Restricted Share Units (RSU)
  • La vente ultérieure de 16 217 actions à 5,25 $ par action (moyenne pondérée) pour couvrir les impôts à la source
  • La propriété bénéficiaire nette a augmenté à 57 503 actions détenues directement après ces transactions

Les RSU ont été entièrement acquises le 24 juin 2025, chaque unité représentant le droit de recevoir soit une action ordinaire, soit un équivalent en espèces, soit une combinaison des deux à la discrétion de BlackBerry. Le prix de vente a été converti des dollars canadiens en dollars américains en utilisant le taux de change de la Banque du Canada, avec des transactions individuelles variant de 5,24 $ à 5,26 $ par action.

Philip Kurtz, CLO und Unternehmenssekretär von BlackBerry, meldete am 24. Juni 2025 bedeutende Insider-Transaktionen. Die Transaktionen umfassten:

  • Erwerb von 34.782 Stammaktien durch das Vesting von Restricted Share Units (RSUs)
  • Nachfolgender Verkauf von 16.217 Aktien zu je 5,25 $ (gewichteter Durchschnittspreis) zur Deckung der Quellensteuer
  • Der Netto-Besitz stieg nach diesen Transaktionen auf 57.503 direkt gehaltene Aktien

Die RSUs wurden am 24. Juni 2025 vollständig freigegeben, wobei jede Einheit das Recht darstellt, nach Ermessen von BlackBerry entweder eine Stammaktie, einen Barwert oder eine Kombination daraus zu erhalten. Der Verkaufspreis wurde vom kanadischen Dollar in US-Dollar zum Wechselkurs der Bank of Canada umgerechnet, wobei einzelne Transaktionen zwischen 5,24 und 5,26 $ pro Aktie lagen.

Positive
  • None.
Negative
  • None.

Philip Kurtz, CLO e Segretario Aziendale di BlackBerry, ha riportato importanti operazioni di insider trading il 24 giugno 2025. Le operazioni hanno riguardato:

  • L'acquisizione di 34.782 azioni ordinarie tramite il consolidamento di Restricted Share Units (RSU)
  • La successiva vendita di 16.217 azioni a 5,25 $ per azione (prezzo medio ponderato) per coprire le tasse di ritenuta
  • La proprietà netta effettiva è aumentata a 57.503 azioni detenute direttamente dopo queste operazioni

Le RSU sono state completamente consolidate il 24 giugno 2025, con ogni unità che rappresenta il diritto a ricevere una azione ordinaria, un equivalente in denaro o una combinazione di entrambi a discrezione di BlackBerry. Il prezzo di vendita è stato convertito da dollari canadesi a dollari statunitensi utilizzando il tasso di cambio della Bank of Canada, con transazioni individuali che variavano da 5,24 a 5,26 $ per azione.

Philip Kurtz, CLO y Secretario Corporativo de BlackBerry, reportó transacciones significativas de insiders el 24 de junio de 2025. Las transacciones incluyeron:

  • La adquisición de 34,782 acciones ordinarias mediante la consolidación de Unidades de Acciones Restringidas (RSU)
  • La venta posterior de 16,217 acciones a 5.25 $ por acción (promedio ponderado) para cubrir impuestos retenidos
  • La propiedad neta beneficiosa aumentó a 57,503 acciones mantenidas directamente después de estas transacciones

Las RSU se consolidaron completamente el 24 de junio de 2025, y cada unidad representa el derecho a recibir una acción ordinaria, un equivalente en efectivo o una combinación, a discreción de BlackBerry. El precio de venta fue convertido de dólares canadienses a dólares estadounidenses usando la tasa de cambio del Banco de Canadá, con transacciones individuales que oscilaron entre 5.24 y 5.26 $ por acción.

BlackBerry의 CLO 겸 기업 비서인 Philip Kurtz는 2025년 6월 24일 중요한 내부자 거래를 보고했습니다. 거래 내용은 다음과 같습니다:

  • 제한 주식 단위(RSU)의 취득을 통해 34,782 보통주 확보
  • 원천징수세 납부를 위해 16,217주를 주당 5.25달러 (가중평균 가격)로 매도
  • 이 거래 후 직접 보유한 순 실질 소유주식 수가 57,503주로 증가

RSU는 2025년 6월 24일에 완전히 취득되었으며, 각 단위는 BlackBerry의 재량에 따라 보통주 1주, 현금 상당액 또는 그 조합을 받을 권리를 나타냅니다. 매도 가격은 캐나다 달러에서 미국 달러로 캐나다 은행 환율을 적용해 환산되었으며, 개별 거래 가격은 주당 5.24달러에서 5.26달러 사이였습니다.

Philip Kurtz, CLO et Secrétaire Général de BlackBerry, a déclaré d'importantes transactions d'initiés le 24 juin 2025. Les transactions comprenaient :

  • L'acquisition de 34 782 actions ordinaires via l'acquisition des Restricted Share Units (RSU)
  • La vente ultérieure de 16 217 actions à 5,25 $ par action (moyenne pondérée) pour couvrir les impôts à la source
  • La propriété bénéficiaire nette a augmenté à 57 503 actions détenues directement après ces transactions

Les RSU ont été entièrement acquises le 24 juin 2025, chaque unité représentant le droit de recevoir soit une action ordinaire, soit un équivalent en espèces, soit une combinaison des deux à la discrétion de BlackBerry. Le prix de vente a été converti des dollars canadiens en dollars américains en utilisant le taux de change de la Banque du Canada, avec des transactions individuelles variant de 5,24 $ à 5,26 $ par action.

Philip Kurtz, CLO und Unternehmenssekretär von BlackBerry, meldete am 24. Juni 2025 bedeutende Insider-Transaktionen. Die Transaktionen umfassten:

  • Erwerb von 34.782 Stammaktien durch das Vesting von Restricted Share Units (RSUs)
  • Nachfolgender Verkauf von 16.217 Aktien zu je 5,25 $ (gewichteter Durchschnittspreis) zur Deckung der Quellensteuer
  • Der Netto-Besitz stieg nach diesen Transaktionen auf 57.503 direkt gehaltene Aktien

Die RSUs wurden am 24. Juni 2025 vollständig freigegeben, wobei jede Einheit das Recht darstellt, nach Ermessen von BlackBerry entweder eine Stammaktie, einen Barwert oder eine Kombination daraus zu erhalten. Der Verkaufspreis wurde vom kanadischen Dollar in US-Dollar zum Wechselkurs der Bank of Canada umgerechnet, wobei einzelne Transaktionen zwischen 5,24 und 5,26 $ pro Aktie lagen.

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)
06/24/2025
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 06/24/2025 M 34,782 A (1) 73,720 D
Common Shares 06/24/2025 S 16,217 D(2) $5.25(3)(4) 57,503 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) 06/24/2025 M 34,782 (5) (5) Common Shares 34,782 (1) 0 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 $5.24 to $5.26, 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. The RSUs fully vested on June 24, 2025.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz 06/26/2025
** 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

How many BlackBerry (BB) shares did CLO Philip Kurtz acquire on June 24, 2025?

Philip Kurtz acquired 34,782 common shares of BlackBerry (BB) on June 24, 2025 through the vesting of Restricted Share Units (RSUs).

What was the sale price of BB shares by Philip Kurtz in June 2025?

Philip Kurtz sold shares at a weighted average price of $5.25 per share, with individual transactions ranging from $5.24 to $5.26 per share. The price was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

How many BB shares did Philip Kurtz sell to cover tax withholding in June 2025?

Philip Kurtz sold 16,217 common shares to cover withholding taxes upon the vesting of his Restricted Share Units (RSUs) on June 24, 2025.

What is Philip Kurtz's remaining BB share position after the June 2025 transactions?

Following the reported transactions, Philip Kurtz directly owned 57,503 common shares of BlackBerry (BB).

What position does Philip Kurtz hold at BlackBerry (BB)?

Philip Kurtz serves as the Chief Legal Officer (CLO) & Corporate Secretary at BlackBerry Limited.
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