BlackBerry (BB) director Lisa Bahash awarded 23,599 deferred share units

Rhea-AI Filing Summary

Bahash Lisa reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Limited director Lisa Bahash received a grant of 23,599 Deferred Share Units (DSUs), each economically equivalent to one common share. These units were awarded at a price of $0.0000 per unit as a form of equity compensation. Following this grant, she holds a total of 134,573 DSUs. The DSUs will become payable in cash, common shares, or a combination of both, at BlackBerry’s discretion after her service as a director ends.

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

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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^*

Bahash Lisa

(Last) (First) (Middle)

C/O BLACKBERRY LIMITED

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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

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
Deferred Share Unit	(1)	02/28/2026		A		23,599		(1)	(1)	Common Shares	23,599	(1)	134,573	D

Explanation of Responses:

1. Each Deferred Share Unit ("DSU") is the economic equivalent of one common share. The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited ("BlackBerry") following cessation of the reporting person's service as a director of BlackBerry.

Remarks:

	/s/ Fraser Deziel, Attorney-in-Fact for Lisa Bahash	03/03/2026
	** 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 for Lisa Bahash?

BlackBerry reported that director Lisa Bahash acquired 23,599 Deferred Share Units (DSUs) as a grant. These DSUs are a form of equity compensation and increase her total DSU holdings to 134,573 units following the transaction.

What is a Deferred Share Unit in the BlackBerry (BB) Form 4 filing?

A Deferred Share Unit (DSU) is economically equivalent to one BlackBerry common share. According to the filing, DSUs become payable in cash, common shares, or both, at BlackBerry’s discretion, after the director’s service with the company ends.

When will Lisa Bahash’s BlackBerry (BB) DSUs become payable?

The DSUs granted to Lisa Bahash become payable after she ceases serving as a director of BlackBerry. At that time, BlackBerry may settle them in cash, in common shares, or in a combination of cash and shares, at its discretion.

How many BlackBerry (BB) DSUs does Lisa Bahash hold after this grant?

After receiving a grant of 23,599 Deferred Share Units, Lisa Bahash holds a total of 134,573 DSUs. Each DSU represents the economic value of one BlackBerry common share, deferred until her board service ends and then settled by the company.

Did Lisa Bahash pay anything for the Deferred Share Units in BlackBerry (BB)?

No, the Form 4 shows a transaction price of $0.0000 per DSU. This indicates the 23,599 Deferred Share Units were granted to Lisa Bahash as a compensation award rather than purchased in an open-market transaction.