STOCK TITAN

Director at BlackBerry (NYSE: BB) receives 9,166 deferred share units

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

Rhea-AI Filing Summary

DISBROW LISA S reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Ltd director Lisa S. Disbrow received a grant of 9,166 Deferred Share Units (DSUs). These DSUs were awarded at a price of $0.00 per unit as compensation, not as an open-market purchase. Following this grant, her directly held DSU balance increased to 348,983 units.

Each DSU is the economic equivalent of one common share of BlackBerry and is linked to the company’s share value. The DSUs will be settled in cash, common shares, or a combination, at BlackBerry’s discretion after her service as a director ends.

Positive

  • None.

Negative

  • None.
Insider DISBROW LISA S
Role null
Type Security Shares Price Value
Grant/Award Deferred Share Unit 9,166 $0.00 --
Holdings After Transaction: Deferred Share Unit — 348,983 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Deferred Share Units granted 9,166 units Director compensation grant on 2026-05-31
DSU holdings after transaction 348,983 units Total directly held Deferred Share Units after grant
Grant price per DSU $0.00 per unit Compensation award, not an open-market purchase
Underlying common shares per DSU 1 common share per DSU Each DSU is the economic equivalent of one common share
Deferred Share Unit financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one common share."
economic equivalent financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one common share."
underlying security financial
"underlying_security_title": "Common Shares""
director compensation financial
"The DSUs become payable ... following cessation of the reporting person's service as a director"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
DISBROW LISA S

(Last)(First)(Middle)
C/O BLACKBERRY LIMITED
2200 UNIVERSITY AVENUE EAST

(Street)
WATERLOON2K 0A7

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026
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
Deferred Share Unit(1)05/31/2026A9,166 (1) (1)Common Shares9,166(1)348,983D
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 Lisa Debrow06/01/2026
** 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)

FAQ

What insider transaction did BlackBerry (BB) report for Lisa S. Disbrow?

BlackBerry reported that director Lisa S. Disbrow received 9,166 Deferred Share Units as a compensation grant. These units were issued at no cash cost and increase her total directly held DSUs to 348,983, aligning her compensation more closely with BlackBerry’s share performance.

What is a Deferred Share Unit in the BlackBerry (BB) Form 4 filing?

A Deferred Share Unit is a derivative security economically equivalent to one BlackBerry common share. DSUs track the share price and are typically used for director compensation, with settlement in cash or shares after the director’s service with the company ends.

Did Lisa S. Disbrow buy or sell BlackBerry (BB) shares in this Form 4?

Lisa S. Disbrow did not buy or sell shares in the market; she received 9,166 Deferred Share Units as a grant. This is a compensation-related acquisition rather than an open-market trade, so it does not represent a discretionary purchase or sale decision.

How many BlackBerry (BB) Deferred Share Units does Lisa S. Disbrow hold after this grant?

After the grant of 9,166 Deferred Share Units, Lisa S. Disbrow directly holds 348,983 DSUs. These units are tied to BlackBerry’s common share value and will be settled in cash, shares, or both once her board service concludes, subject to the company’s discretion.

When will Lisa S. Disbrow’s BlackBerry (BB) Deferred Share Units be paid out?

The Deferred Share Units become payable after Lisa S. Disbrow’s service as a director ends. At that time, BlackBerry may settle the DSUs in cash, common shares, or a combination of both, based on the company’s discretion as stated in the filing footnote.