STOCK TITAN
  1. Home
  2. Sec-filings
  3. BB
  4. [Form 4] BLACKBERRY Ltd Insider Trading Activity

Director Philip Brace awarded 23,230 DSUs at BlackBerry (NYSE: BB)

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

Rhea-AI Filing Summary

BRACE PHILIP G reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Limited director Philip G. Brace reported an award of 23,230 Deferred Share Units (DSUs) on February 28, 2026. Each DSU is the economic equivalent of one common share and becomes payable in cash, common shares, or a combination after he ceases serving as a director.

Following this grant, Brace holds 181,842 DSUs in total. This award represents non-cash equity-based compensation that tracks the value of BlackBerry's common shares and is settled only when his board service ends.

Positive

  • None.

Negative

  • None.
Insider BRACE PHILIP G
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit 23,230 $0.00 $0.00
Holdings After Transaction: Deferred Share Unit — 181,842 shares (Direct)
Footnotes (1)
  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 insider transaction did BlackBerry (BB) report for Philip G. Brace?
BlackBerry director Philip G. Brace received an award of 23,230 Deferred Share Units. These units are equity-based compensation that mirror the value of common shares and are payable only after his board service ends, rather than an open-market stock purchase.

How many Deferred Share Units does Philip G. Brace hold after this Form 4?
After this grant, Philip G. Brace holds a total of 181,842 Deferred Share Units. This total reflects cumulative director equity awards that track BlackBerry’s common share value and are settled after his service as a director concludes.

What is a Deferred Share Unit in the context of BlackBerry (BB)?
A Deferred Share Unit at BlackBerry is the economic equivalent of one common share. DSUs provide directors with share-linked compensation that is not paid immediately, but becomes payable in cash, shares, or both after they stop serving on the board.

Did Philip G. Brace buy or sell BlackBerry (BB) shares in this filing?
The filing reports an acquisition of 23,230 Deferred Share Units as a grant or award. It does not show an open-market buy or sell of existing shares, but rather a non-cash equity-based compensation award tied to BlackBerry’s common share value.

When will Philip G. Brace’s BlackBerry Deferred Share Units be paid out?
Philip G. Brace’s Deferred Share Units become payable after he stops serving as a director. At that time, BlackBerry may settle them in cash, common shares, or a mix of both, at the company’s discretion as outlined in the filing footnote.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
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*
BRACE PHILIP G
(Last) (First) (Middle)
C/O BLACKBERRY LIMITED
2200 UNIVERSITY AVENUE EAST
(Street)
WATERLOO A6 N2K 0A7
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BLACKBERRY Ltd [ BB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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
Deferred Share Unit (1) 02/28/2026 A 23,230 (1) (1) Common Shares 23,230 (1) 181,842 D
Explanation of Responses:
1. 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.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Philip Brace 03/03/2026
** 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.

Source: View Original Filing on SEC EDGAR