BlackBerry (BB) senior VP exercises 7,636 RSUs and sells shares for taxes

Rhea-AI Filing Summary

BlackBerry Limited senior vice president and Chief People Officer Jennifer Armstrong-Owen reported transactions in company equity on July 9, 2026. She exercised 7,636 Restricted Share Units into an equal number of common shares at $0.00 per share and sold 3,296 common shares at a weighted average price of $10.92 per share. A footnote states the sales were made to cover withholding taxes upon vesting of RSUs. Following the transactions, she held 106,091 common shares directly. The RSU award was granted on April 9, 2026 and is scheduled to vest in twelve equal quarterly installments ending April 9, 2029, assuming continued employment.

Insights

Corporate governance analyst

Compensation-related RSU vesting with partial tax-driven share sale.

BlackBerry senior executive Jennifer Armstrong-Owen converted 7,636 Restricted Share Units into common shares and sold 3,296 shares at a weighted average of $10.92. Footnotes explain the sales were to cover withholding taxes upon RSU vesting, framing this as a compensation and tax event rather than a discretionary divestment.

After these transactions, she directly held 106,091 common shares, indicating continued equity exposure. The RSU grant dated April 9, 2026 vests in twelve equal quarterly installments through April 9, 2029, tying compensation to multi-year service and share performance.

Insider Trade Summary

Net Seller: 3,296 shares ($35,992)

Net Sell 3 txns

Insider Armstrong-Owen Jennifer

Role Sr VP & Chief People Officer

Sold 3,296 shs ($36K)

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	7,636	$0.00	--
Exercise	Common Shares	7,636	$0.00	--
Sale	Common Shares	3,296	$10.92	$36K

Holdings After Transaction: Restricted Share Units — 83,987 shares (Direct, null); Common Shares — 109,387 shares (Direct, null)

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. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")". 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. 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: 3,296 shares Weighted average sale price: $10.92 per share RSUs exercised into common shares: 7,636 units/shares +2 more

5 metrics

Common shares sold 3,296 shares Open-market sale on July 9, 2026 to cover RSU withholding taxes

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

RSUs exercised into common shares 7,636 units/shares Restricted Share Units converted into common shares at $0.00 per share

Common shares held after transactions 106,091 shares Direct ownership following July 9, 2026 transactions

RSU vesting schedule length twelve quarterly installments From April 9, 2026 grant through April 9, 2029, assuming continued employment

Key Terms

Restricted Share Units, weighted average price, withholding taxes

3 terms

Restricted Share Units financial

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

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.

withholding taxes financial

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

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.

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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

FAQ

What insider transactions did BlackBerry (BB) executive Jennifer Armstrong-Owen report?

Jennifer Armstrong-Owen reported exercising 7,636 Restricted Share Units into common shares and selling 3,296 common shares on July 9, 2026. The reported sale price was a weighted average of $10.92 per share, based on multiple trades between $10.90 and $10.95.

Why did the BlackBerry (BB) insider sell 3,296 common shares?

The 3,296 common shares sold by Jennifer Armstrong-Owen were described as sales to cover withholding taxes upon vesting of Restricted Share Units. This indicates the disposition was tied to tax obligations from RSU vesting rather than a purely discretionary stock sale.

How many BlackBerry (BB) shares does Jennifer Armstrong-Owen hold after these transactions?

Following the reported transactions, Jennifer Armstrong-Owen directly held 106,091 BlackBerry common shares. This post-transaction holding reflects her remaining equity position after exercising 7,636 RSUs and selling 3,296 shares to cover withholding taxes.

What are the key terms of the RSU award reported by BlackBerry (BB) insider Jennifer Armstrong-Owen?

The RSU award was granted on April 9, 2026 and, assuming continued employment, vests in twelve equal quarterly installments. The vesting schedule runs through April 9, 2029, gradually converting Restricted Share Units into common shares or cash at BlackBerry’s discretion.

At what price were the BlackBerry (BB) shares sold by Jennifer Armstrong-Owen?

The reported sale price is a weighted average of $10.92 per share. A footnote explains the 3,296 shares were sold in multiple transactions at prices ranging from $10.90 to $10.95, excluding any fees, commissions or other expenses.

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^*

Armstrong-Owen Jennifer

(Last) (First) (Middle)

C/O BLACKBERRY LTD.

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO N2K0A7

(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)
	Sr VP & Chief People 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		7,636	A	(1)	109,387	D
Common Shares	07/09/2026		S		3,296	D(2)	$10.92(3)	106,091	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			7,636	(4)	(4)	Common Shares	7,636	(1)	83,987	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 Jennifer Armstrong-Owen	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)