BlackBerry (BB) CEO John Giamatteo logs RSU vesting and tax share sales
Rhea-AI Filing Summary
BlackBerry Limited insider John Joseph Giamatteo, a director and CEO & President, Secure Comm., reported equity compensation vesting and related share sales. On January 6, 2026, 138,493 Performance-Based Restricted Share Units and 71,022 Restricted Share Units were converted into common shares, with each unit representing the right to receive one common share or cash at BlackBerry’s discretion.
To cover withholding taxes upon RSU vesting, he sold 57,984 common shares and 29,739 common shares at a weighted average price of $3.88, with individual sale prices ranging from $3.83 to $3.93. After these transactions, he directly held 859,840 common shares and 177,112 unvested performance-based RSUs scheduled to vest on January 2, 2027 if he remains employed by BlackBerry Limited on that date.
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FAQ
What insider activity did BlackBerry (BB) report for John Giamatteo?
BlackBerry reported that John Joseph Giamatteo, a director and CEO & President, Secure Comm., had RSUs and performance-based RSUs vest and convert into common shares, followed by sales of some common shares primarily to cover tax withholding obligations.
How many BlackBerry (BB) RSUs vested and were converted into shares?
On January 6, 2026, 138,493 Performance-Based RSUs and 71,022 RSUs were converted into BlackBerry common shares, in line with the satisfaction of performance conditions and vesting schedules.
How many BlackBerry (BB) shares did John Giamatteo sell and at what price?
He sold 57,984 common shares and 29,739 common shares at a weighted average price of $3.88 per share, with actual sale prices ranging from
How many BlackBerry (BB) shares does John Giamatteo own after these transactions?
Following the reported transactions on January 6, 2026, John Giamatteo directly owned 859,840 BlackBerry common shares, according to the filing.
Does John Giamatteo still hold unvested BlackBerry (BB) RSUs?
Yes. The filing states that 177,112 performance-based RSUs remain and will vest on
Were the BlackBerry (BB) insider share sales discretionary or tax-related?
The filing explains that the share sales were to cover withholding taxes upon vesting of Restricted Share Units, indicating they were related to tax obligations rather than stand-alone discretionary sales.