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BlackBerry (BB) exec John Giamatteo granted 172,756 performance-based RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
Performance-Based Restricted Share Units financial
"security_title: "Performance-Based Restricted Share Units""
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."
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.
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*
GIAMATTEO JOHN JOSEPH

(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
XOfficer (give title below)Other (specify below)
CEO & President, Secure Comm.
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)03/31/2026A172,756 (2) (2)Common Shares172,756(1)349,868D
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 January 2, 2027 if the reporting person is employed by BlackBerry Limited as of those dates.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for John Giamatteo04/09/2026
** 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)

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.

What are performance-based restricted share units in BlackBerry’s (BB) Form 4 filing?

Performance-based restricted share units are awards that give a contingent right to receive one common share or an equivalent cash amount. For BlackBerry, these RSUs depend on meeting performance conditions and continued employment, and may be settled in shares, cash, or both, at the company’s discretion.

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.