BlackBerry (BB) exec John Giamatteo granted 172,756 performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GIAMATTEO JOHN JOSEPH reported acquisition or exercise transactions in this Form 4 filing.
BLACKBERRY Ltd director and executive John Joseph Giamatteo received a grant of 172,756 performance-based restricted share units. These units give him a contingent right to receive an equal number of common shares, cash, or a mix of both, at BlackBerry’s discretion.
The award was determined based on satisfaction of performance conditions and will vest on January 2, 2027, if he remains employed by BlackBerry Limited through that date. Following this grant, he holds 349,868 performance-based restricted share units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GIAMATTEO JOHN JOSEPH
Role
CEO & President, Secure Comm.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Share Units | 172,756 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Share Units — 349,868 shares (Direct)
Footnotes (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 January 2, 2027 if the reporting person is employed by BlackBerry Limited as of those dates.
Key Figures
RSUs granted: 172,756 units
Total RSUs after grant: 349,868 units
Exercise/conversion price: $0.00 per unit
+2 more
5 metrics
RSUs granted
172,756 units
Performance-based restricted share units granted on March 31, 2026
Total RSUs after grant
349,868 units
Performance-based restricted share units held following transaction
Exercise/conversion price
$0.00 per unit
Performance-based RSUs have a zero exercise price
Underlying common shares
172,756 shares
Underlying common shares for the granted RSUs
Vesting date
January 2, 2027
RSUs vest if the executive remains employed as of this date
Key Terms
Performance-Based Restricted Share Units, RSUs, contingent right, derivative securities
4 terms
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."
derivative securities financial
"transaction_type: "derivative" for the performance-based restricted share units."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did BlackBerry (BB) report about John Giamatteo’s latest equity grant?
BlackBerry reported that John Joseph Giamatteo received 172,756 performance-based restricted share units. Each unit can settle into one common share, cash, or a combination, at the company’s discretion, providing equity-linked compensation tied to BlackBerry’s performance and his continued employment.
How many performance-based RSUs does John Giamatteo hold after this Form 4 for BlackBerry (BB)?
After this grant, John Joseph Giamatteo holds 349,868 performance-based restricted share units directly. This figure reflects his updated equity-based compensation position in BlackBerry, giving him substantial exposure to future share or cash payouts, subject to vesting conditions and company discretion on settlement form.
When do John Giamatteo’s new BlackBerry (BB) performance-based RSUs vest?
The newly granted performance-based restricted share units are scheduled to vest on January 2, 2027. Vesting is conditioned on John Joseph Giamatteo remaining employed by BlackBerry Limited through that date, aligning the award with long-term service and the company’s performance objectives over the vesting period.
Does John Giamatteo’s BlackBerry (BB) Form 4 show any stock sales or purchases?
The Form 4 shows a grant coded as an acquisition of derivative securities, not an open-market stock purchase or sale. John Joseph Giamatteo received performance-based restricted share units as compensation, with no reported market transactions in BlackBerry common shares in this specific filing.