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BlackBerry legal chief sells 6,164 shares for taxes

The CLO and Corporate Secretary's 6,164-share sale was identified as covering withholding taxes upon RSU vesting.

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Form Type
4

Rhea-AI Filing Summary

BlackBerry Ltd (BB) reported that CLO and Corporate Secretary Philip S. Kurtz exercised or converted 10,908 Restricted Share Units, with 10,908 common shares acquired, on October 9, 2026. He then sold 6,164 common shares at a weighted-average $8.45 per share. The sale covered withholding taxes upon RSU vesting; the reported price was converted from Canadian dollars to U.S. dollars, and the shares sold ranged from $8.44 to $8.48, excluding fees and expenses. Kurtz's reported post-transaction RSU position was 109,074. No Rule 10b5-1 plan is reported.

Insider Kurtz Philip S.
Role CLO & Corp. Secretary
Sold 6,164 shs ($52K)
Approx. gross sale proceeds $52K
Type Security Shares Price Value
Exercise Restricted Share Units F1, F5 10,908 -- --
Exercise Common Shares F1 10,908 -- --
Sale Common Shares F3, F4, F2 6,164 $8.45 $52K
Holdings After Transaction: Restricted Share Units — 109,074 contracts (Direct); Common Shares — 73,109 shares (Direct)
Footnotes (5)
  1. F1. 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. F2. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.44 to $8.48, 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.
  4. F4. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
  5. F5. This award was granted on April 9, 2026 and, assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 9, 2029.
RSUs exercised or converted 10,908 units October 9, 2026
Common shares acquired 10,908 shares Through the RSU exercise or conversion on October 9, 2026
Common shares sold 6,164 shares October 9, 2026; sale covered withholding taxes upon RSU vesting
Weighted-average sale price $8.45 per share Reported price converted from Canadian dollars to U.S. dollars
Sale price range $8.44 to $8.48 per share Excluding fees, commissions, and other expenses
RSUs following transaction 109,074 RSUs Reported following the October 9, 2026 transaction
Restricted Share Units financial
"Sales to cover withholding taxes upon vesting of Restricted Share Units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
contingent right financial
"Each unit represents a contingent right to receive one common share"
withholding taxes upon vesting financial
"Sales to cover withholding taxes upon vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BB shares did Philip S. Kurtz sell, and at what price?

Philip S. Kurtz sold 6,164 BlackBerry common shares at a weighted-average $8.45 per share on October 9, 2026. The shares were sold in multiple transactions at prices from $8.44 to $8.48, excluding fees, commissions, and other expenses. The reported price was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The sale covered withholding taxes upon RSU vesting; no Rule 10b5-1 plan is reported.

When are Philip S. Kurtz's RSUs scheduled to vest?

The award was granted April 9, 2026 and, assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 9, 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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)
WATERLOON2K 0A7

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
BLACKBERRY Ltd [ BB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CLO & Corp. Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares10/09/2026M10,908A(1)79,273D
Common Shares10/09/2026S6,164D(2)$8.45(3)(4)73,109D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)10/09/2026M10,908 (5) (5)Common Shares10,908(1)109,074D
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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.44 to $8.48, 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.
4. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
5. This award was granted on April 9, 2026 and, assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 9, 2029.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz10/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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