BlackBerry HR chief exercises RSUs, sells shares
BlackBerry Limited’s Sr VP & Chief People Officer Jennifer Armstrong‑Owen exercised previously granted Restricted Share Units, receiving a total of 78,484 common shares at a conversion price of $0.00 per share across two vesting dates.
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Form Type
4
Rhea-AI Filing Summary
BlackBerry Limited’s Sr VP & Chief People Officer Jennifer Armstrong‑Owen exercised previously granted Restricted Share Units, receiving a total of 78,484 common shares at a conversion price of $0.00 per share across two vesting dates.
On those dates, she sold 32,796 common shares at a weighted average price of about $3.56 per share in transactions described as sales to cover withholding taxes upon RSU vesting. After these routine compensation‑related transactions, she holds 94,903 common shares directly.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Armstrong-Owen Jennifer
Role
Sr VP & Chief People Officer
Sold
32,796 shs ($117K)
Approx. gross sale proceeds
$117K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 72,338 | $0.00 | $0.00 |
| Exercise | Common Shares | 72,338 | $0.00 | $0.00 |
| Sale | Common Shares | 29,908 | $3.56 | $106K |
| Exercise | Restricted Share Units | 6,146 | $0.00 | $0.00 |
| Exercise | Common Shares | 6,146 | $0.00 | $0.00 |
| Sale | Common Shares | 2,888 | $3.56 | $10K |
Holdings After Transaction:
Restricted Share Units — 121,499 contracts (Direct);
Common Shares — 94,903 shares (Direct)
Footnotes (5)
- 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.
- F2. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.56 to $3.57, 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.
- F4. This award was granted on April 4, 2024 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending April 4, 2027.
- F5. This award was granted on April 2, 2025, and assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 2, 2028.
Key Figures
RSU shares exercised: 78,484 shares
Shares sold: 32,796 shares
Sale price range: $3.56–$3.57 per share
+3 more
6 metrics
RSU shares exercised
78,484 shares
Total Restricted Share Units converted into common shares
Shares sold
32,796 shares
Common shares sold in open-market transactions
Sale price range
$3.56–$3.57 per share
Weighted average sale price range, excluding fees and commissions
Shares held after transactions
94,903 shares
Direct BlackBerry common share ownership post-transaction
April 4, 2024 RSU grant
3 annual installments
Vesting schedule ending April 4, 2027, subject to continued employment
April 2, 2025 RSU grant
12 quarterly installments
Vesting schedule ending April 2, 2028, subject to continued employment
Key Terms
Restricted Share Units, withholding taxes, weighted average price, vesting, +1 more
5 terms
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.
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.
vesting financial
"assuming continued employment through the applicable vesting date, vests in three equal annual instalments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
quarterly installments financial
"vests in twelve equal quarterly installments ending April 2, 2028"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BlackBerry (BB) report for Jennifer Armstrong-Owen?
Jennifer Armstrong-Owen exercised Restricted Share Units to acquire 78,484 BlackBerry common shares, then sold 32,796 shares at about $3.56 each. The sales were described as covering withholding taxes due upon RSU vesting, and she now directly holds 94,903 common shares.
What vesting schedules applied to Jennifer Armstrong-Owen’s BlackBerry (BB) RSU awards?
One RSU award was granted on April 4, 2024 and vests in three equal annual installments ending April 4, 2027. Another award was granted on April 2, 2025, vesting in twelve equal quarterly installments through April 2, 2028, assuming continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
