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91,623 RSUs granted to BlackBerry (BB) chief people officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BLACKBERRY Ltd reported that Sr VP & Chief People Officer Jennifer Armstrong-Owen received a grant of 91,623 restricted share units on April 9, 2026. Each unit is a contingent right to receive one common share, cash of equivalent value, or a mix, at BlackBerry’s discretion.

The award vests in twelve equal quarterly installments ending on April 9, 2029, assuming she remains employed through each vesting date. Following this compensation-related acquisition, her reported position in these restricted share units is 91,623 units, with no open-market buying or selling involved.

Positive

  • None.

Negative

  • None.
Insider Armstrong-Owen Jennifer
Role Sr VP & Chief People Officer
Type Security Shares Price Value
Grant/Award Restricted Share Units 91,623 $0.00 --
Holdings After Transaction: Restricted Share Units — 91,623 shares (Direct)
Footnotes (1)
  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. 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 granted 91,623 units Restricted share units granted April 9, 2026
Post-grant RSU holdings 91,623 units Total restricted share units following transaction
Vesting installments 12 quarterly installments From grant date to final vesting on April 9, 2029
Award end date April 9, 2029 Final vesting date assuming continued employment
Restricted Share Units financial
"The security title is listed as "Restricted Share Units" in the transaction."
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.
contingent right financial
"Each unit represents a contingent right to receive one common share or cash."
vesting financial
"The award vests in twelve equal quarterly installments ending April 9, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"The transaction code description is "Grant, award, or other acquisition"."
Common Shares financial
"The underlying security title associated with the units is "Common Shares"."
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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*
Armstrong-Owen Jennifer

(Last)(First)(Middle)
C/O BLACKBERRY LTD.
2200 UNIVERSITY AVENUE EAST

(Street)
WATERLOON2K0A7

(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)
Sr VP & Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
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
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)04/09/2026A91,623 (2) (2)Common Shares91,623(1)91,623D
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. 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 Jennifer Armstrong-Owen04/13/2026
** 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)

FAQ

What insider transaction did BlackBerry (BB) disclose for Jennifer Armstrong-Owen?

BlackBerry disclosed that Sr VP & Chief People Officer Jennifer Armstrong-Owen received a grant of 91,623 restricted share units on April 9, 2026. These are compensation-related awards, not open-market share purchases or sales.

How many restricted share units did the BlackBerry (BB) executive receive?

Jennifer Armstrong-Owen received 91,623 restricted share units. Each unit represents a contingent right to receive one common share, an equivalent amount of cash, or a combination, at BlackBerry Limited’s discretion under the award’s terms.

What is the vesting schedule for the 91,623 BlackBerry (BB) restricted share units?

The 91,623 restricted share units vest in twelve equal quarterly installments. Vesting began with the April 9, 2026 grant and continues quarterly, assuming continued employment, until the final installment on April 9, 2029 under the award’s terms.

What does each BlackBerry (BB) restricted share unit granted to the executive represent?

Each restricted share unit represents a contingent right to receive one BlackBerry common share, or an equivalent amount of cash, or a combination of the two. The choice between shares and cash is at BlackBerry Limited’s discretion according to the award terms.

What is Jennifer Armstrong-Owen’s position after the BlackBerry (BB) RSU grant?

After the April 9, 2026 grant, Jennifer Armstrong-Owen’s reported holdings in these restricted share units total 91,623 units. This reflects the full amount granted in this award, with no separate derivative positions listed in this filing.

Is the BlackBerry (BB) Form 4 transaction a purchase or a compensation award?

The Form 4 transaction is a compensation award, not a market purchase. It is coded as a grant or award acquisition of restricted share units, with no cash price per unit and no open-market buying or selling activity reported.