BlackBerry (BB) director awarded 22,567 deferred share units
Rhea-AI Filing Summary
BlackBerry Limited director Barry Mainz reported receiving a grant of deferred share units. On this Form 4, he acquired 22,567 Deferred Share Units (DSUs) at a price of $0.00 per unit as a grant or award. After this transaction, he directly holds 75,289 DSUs. Each DSU is economically equivalent to one BlackBerry common share and will be settled, at BlackBerry’s discretion, in cash, common shares, or a combination after he ceases serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mainz Barry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 22,567 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Unit — 75,289 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
What did BlackBerry (BB) director Barry Mainz report on this Form 4?
Barry Mainz reported receiving a grant of 22,567 Deferred Share Units (DSUs). These units were awarded at a price of $0.00 per unit and represent director compensation linked to BlackBerry’s common shares, rather than an open-market stock purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.