BlackBerry Philip S. Kurtz sells 4,168 shares for taxes
The sale covered withholding taxes on RSU vesting, with reported transaction prices ranging from $9.01 to $9.32 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BlackBerry Ltd. CLO & Corp. Secretary Philip S. Kurtz exercised 7,375 restricted share units on October 2, 2026, resulting in 7,375 common shares, and sold 4,168 common shares at a weighted average $9.18 per share to cover withholding taxes upon vesting. The sale prices ranged from $9.01 to $9.32; the reported weighted average was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. Following the transaction, 44,245 restricted share units were reported. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1, F5 | 7,375 | -- | -- |
| Exercise | Common Shares F1 | 7,375 | -- | -- |
| Sale | Common Shares F3, F4, F2 | 4,168 | $9.18 | $38K |
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 $9.01 to $9.32, 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. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
- 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
Key Terms
contingent right financial
weighted average price financial
quarterly installments financial
FAQ
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How many RSUs did BlackBerry (BB) CLO & Corp. Secretary Philip S. Kurtz exercise?
What was the vesting schedule for Philip S. Kurtz’s BlackBerry (BB) RSU award?
What does a BlackBerry (BB) RSU entitle its holder to receive?
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