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BlackBerry (BB) HR chief granted 31,751 performance-based RSUs in equity award

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Form Type
4

Rhea-AI Filing Summary

Armstrong-Owen Jennifer reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Limited Senior Vice President and Chief People Officer Jennifer Armstrong-Owen received a grant of 31,751 performance-based restricted share units. These units represent a contingent right to receive an equal number of common shares, cash, or a mix, at BlackBerry’s discretion.

The award was determined based on satisfaction of performance conditions and will vest on April 4, 2027, if she remains employed by BlackBerry Limited on that date. Following this grant, she holds 64,303 performance-based restricted share units directly.

Positive

  • None.

Negative

  • None.
Insider Armstrong-Owen Jennifer
Role Sr VP & Chief People Officer
Type Security Shares Price Value
Grant/Award Performance-Based Restricted Share Units 31,751 $0.00 --
Holdings After Transaction: Performance-Based Restricted Share Units — 64,303 shares (Direct)
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. Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions. RSUs will vest on April 4, 2027 if the reporting person is employed by BlackBerry Limited as of that date.
RSUs granted 31,751 units Performance-based restricted share units granted on March 31, 2026
Total RSUs after grant 64,303 units Performance-based RSU holdings following the reported transaction
Vesting date April 4, 2027 RSUs vest if the executive remains employed as of this date
Performance-Based Restricted Share Units financial
"Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions."
Performance-based restricted share units are promises to give company stock to employees or executives only if the business hits specified targets, such as revenue, profit or stock performance; think of them as a bonus paid in shares that only vests when certain goals are met. They matter to investors because they align management incentives with shareholder outcomes, can dilute share count when paid out, and reveal how leadership is being rewarded and what milestones the company expects to reach.
RSUs financial
"Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each unit represents a contingent right to receive one common share or an equivalent amount of cash, or a combination of the two."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
WATERLOON2K0A7
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr VP & Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance-Based Restricted Share Units(1)03/31/2026A31,751 (2) (2)Common Shares31,751(1)64,303D
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. Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions. RSUs will vest on April 4, 2027 if the reporting person is employed by BlackBerry Limited as of that date.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Jennifer Armstrong-Owen04/09/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did BlackBerry (BB) insider Jennifer Armstrong-Owen receive in this Form 4?

Jennifer Armstrong-Owen received 31,751 performance-based restricted share units as compensation. Each unit can settle in one common share, cash, or a combination, at BlackBerry’s discretion, and is tied to previously determined performance conditions.

When do Jennifer Armstrong-Owen’s new BlackBerry (BB) RSUs vest?

The performance-based restricted share units vest on April 4, 2027. Vesting requires that Jennifer Armstrong-Owen remain employed by BlackBerry Limited through that date, in addition to the performance conditions already used to determine the granted amount.

How many performance-based RSUs does Jennifer Armstrong-Owen hold after this BlackBerry (BB) grant?

After the grant, Jennifer Armstrong-Owen holds 64,303 performance-based restricted share units. This reflects the new 31,751-unit award added to her existing holdings, all reported as directly owned derivative securities linked to BlackBerry common shares.

Are Jennifer Armstrong-Owen’s BlackBerry (BB) RSUs settled only in stock?

Each RSU represents a contingent right to receive one common share, cash, or a combination. BlackBerry Limited decides the settlement form, meaning the company may deliver shares, cash, or both when the RSUs eventually vest.

Is this BlackBerry (BB) Form 4 a market buy or sell by Jennifer Armstrong-Owen?

No, this filing reports a compensation-related grant, not a market trade. The transaction code is “A,” meaning a grant or award acquisition of performance-based restricted share units at no exercise price, rather than an open-market purchase or sale.