BlackBerry (BB) CFO Tim Foote vests 19,089 RSUs and sells 8,235 shares

Rhea-AI Filing Summary

BlackBerry Limited’s Chief Financial Officer Tim Foote reported compensation-related equity activity. He exercised 19,089 Restricted Share Units, receiving the same number of common shares, and sold 8,235 common shares in open-market transactions at a weighted-average price of $10.92 per share to cover withholding taxes upon RSU vesting. Following these transactions, he directly holds 73,535 common shares and 209,968 Restricted Share Units.

Insights

Equity Compensation Analyst

CFO Foote’s Form 4 shows routine RSU vesting with partial tax-cover sales.

CFO Tim Foote converted 19,089 Restricted Share Units into the same number of common shares, reflecting scheduled equity compensation vesting. Each RSU is a contingent right to receive one common share or cash, at BlackBerry Limited’s discretion.

He sold 8,235 common shares at a weighted-average $10.92 per share in multiple trades between $10.90 and $10.95, explicitly described as sales to cover withholding taxes upon RSU vesting. After these moves he holds 81,770 common shares and 209,968 RSUs, indicating he retained a substantial equity stake while addressing tax obligations.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Foote Tim

Role Chief Financial Officer

Sold 8,235 shs ($90K)

Approx. gross sale proceeds $90K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units F1, F4	19,089	$0.00	$0.00
Exercise	Common Shares F1	19,089	$0.00	$0.00
Sale	Common Shares F3, F2	8,235	$10.92	$90K

Holdings After Transaction: Restricted Share Units — 209,968 shares (Direct); Common Shares — 73,535 shares (Direct)

Footnotes (4)

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 $10.90 to $10.95, 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. 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.

Key Figures

Common shares sold: 8,235 shares Weighted-average sale price: $10.92 per share RSUs exercised into common shares: 19,089 units +3 more

6 metrics

Common shares sold 8,235 shares Open-market sale of BlackBerry common shares by CFO Tim Foote

Weighted-average sale price $10.92 per share Shares sold in multiple transactions between $10.90 and $10.95

RSUs exercised into common shares 19,089 units Restricted Share Units converted to common shares for CFO Tim Foote

Common shares held after transactions 81,770 shares Direct BlackBerry common share holdings of CFO Tim Foote post-transaction

Restricted Share Units held 209,968 units RSU holdings of CFO Tim Foote following reported transactions

RSU vesting schedule 12 quarterly installments to April 9, 2029 RSU award granted April 9, 2026, vests over three years

Key Terms

Restricted Share Units, contingent right, withholding taxes, weighted average price

4 terms

Restricted Share Units financial

"Restricted Share Units ("RSUs") represent a contingent right to receive one common share"

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 an equivalent amount of cash"

withholding taxes financial

"Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

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.

FAQ

What equity transactions did BlackBerry (BB) CFO Tim Foote report on this Form 4?

CFO Tim Foote reported exercising 19,089 Restricted Share Units into common shares and selling 8,235 common shares in open-market transactions, primarily to cover withholding taxes associated with the RSU vesting.

How many BlackBerry (BB) shares did the CFO sell and at what price?

Tim Foote sold 8,235 common shares of BlackBerry at a weighted-average price of $10.92 per share, with individual trade prices ranging from $10.90 to $10.95, excluding fees and commissions.

Were the BlackBerry (BB) share sales by the CFO discretionary or tax-related?

The filing states the 8,235 common shares sold by CFO Tim Foote were sales to cover withholding taxes upon vesting of Restricted Share Units, indicating a tax-related transaction tied to equity compensation.

How many BlackBerry (BB) common shares does the CFO hold after these transactions?

Following the reported transactions, CFO Tim Foote directly holds 81,770 BlackBerry common shares, in addition to 209,968 Restricted Share Units representing contingent rights to receive further common shares or cash.

What do the Restricted Share Units reported by BlackBerry (BB) CFO represent?

Each Restricted Share Unit (RSU) represents a contingent right to receive one BlackBerry common share, an equivalent amount of cash, or a combination, at BlackBerry’s discretion upon vesting and settlement.

Over what period will the new RSU award to BlackBerry (BB) CFO vest?

An RSU award granted to CFO Tim Foote on April 9, 2026 will, assuming continued employment, vest in twelve equal quarterly installments ending on April 9, 2029, according to the disclosure.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 04:32 PM Accepted by SEC EDGAR 07/10/2026 - 04:32 PM Learn about SEC filing dates

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^*

Foote Tim

(Last) (First) (Middle)

C/O BLACKBERRY LIMITED

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO N2K 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/09/2026		M		19,089	A	(1)	81,770	D
Common Shares	07/09/2026		S		8,235	D(2)	$10.92(3)	73,535	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)	07/09/2026		M			19,089	(4)	(4)	Common Shares	19,089	(1)	209,968	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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $10.95, 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. 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 Tim Foote	07/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)