BlackBerry (BB) director reports 19,301 DSUs and 136,257 units owned

Rhea-AI Filing Summary

BlackBerry Limited director reports new deferred share units grant

A BlackBerry Limited director reported receiving 19,301 Deferred Share Units (DSUs) on 11/30/2025. Each DSU is economically equivalent to one common share of BlackBerry. Following this grant, the director beneficially owns 136,257 derivative securities, all held directly. The DSUs will be settled, at BlackBerry’s discretion, in cash, common shares, or a combination of both after the director’s service on the board ends.

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

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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^*

O'Neill Lori

(Last) (First) (Middle)

C/O BLACKBERRY LTD.

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO A6 N2K0A7

(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)
11/30/2025

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)	11/30/2025		A		19,301		(1)	(1)	Common Shares	19,301	(1)	136,257	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 Lori O'Neill	12/01/2025
	** 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.

FAQ

What insider transaction did BlackBerry (BB) report in this Form 4?

The filing reports that a BlackBerry director received 19,301 Deferred Share Units (DSUs) on 11/30/2025, which are derivative securities tied to BlackBerry common shares.

How many derivative securities does the BlackBerry (BB) director own after this transaction?

After the reported grant of DSUs, the director beneficially owns 136,257 derivative securities, held in direct ownership.

What is a Deferred Share Unit (DSU) in the context of BlackBerry (BB)?

Each BlackBerry Deferred Share Unit (DSU) is described as the economic equivalent of one common share, giving value tied to the company’s share price without immediate share issuance.

When will the BlackBerry (BB) DSUs be paid out to the director?

The DSUs become payable after the director’s cessation of service on BlackBerry’s board, at which point they can be settled in cash, common shares, or both, at BlackBerry’s discretion.

Is this BlackBerry (BB) Form 4 filed for one reporting person or a group?

The Form 4 indicates it is filed by one reporting person, not by a group of insiders.

What is the relationship of the reporting person to BlackBerry (BB)?

The reporting person is identified as a director of BlackBerry Limited, with that box checked on the form.