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BlackBerry chief people officer sells 2,590 shares

BlackBerry Ltd (BB) reports that Senior Vice President and Chief People Officer Jennifer Armstrong-Owen exercised 6,146 restricted share units and acquired 6,146 common shares on October 2, 2026; her reported RSU balance afterward was 36,870 units.

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Form Type
4

Rhea-AI Filing Summary

BlackBerry Ltd (BB) reports that Senior Vice President and Chief People Officer Jennifer Armstrong-Owen exercised 6,146 restricted share units and acquired 6,146 common shares on October 2, 2026; her reported RSU balance afterward was 36,870 units. She sold 2,590 common shares that day at a weighted average price of $9.20 per share, in transactions ranging from $9.06 to $9.32, to cover withholding taxes upon RSU vesting. The award was granted April 2, 2025 and vests in twelve equal quarterly installments ending April 2, 2028, assuming continued employment through the applicable vesting dates. No Rule 10b5-1 plan is reported.

Insider Armstrong-Owen Jennifer
Role Sr VP & Chief People Officer
Sold 2,590 shs ($24K)
Approx. gross sale proceeds $24K
Type Security Shares Price Value
Exercise Restricted Share Units F1, F4 6,146 -- --
Exercise Common Shares F1 6,146 -- --
Sale Common Shares F3, F2 2,590 $9.20 $24K
Holdings After Transaction: Restricted Share Units — 36,870 contracts (Direct); Common Shares — 109,647 shares (Direct)
Footnotes (4)
  1. 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.
  2. F2. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.06 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.
  4. F4. 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.
Restricted share units exercised 6,146 units October 2, 2026
Common shares acquired 6,146 shares Acquired upon the reported RSU exercise on October 2, 2026
Common shares sold 2,590 shares October 2, 2026; sold to cover withholding taxes upon RSU vesting
Weighted average sale price $9.20 per share Shares sold in multiple transactions
Sale price range $9.06 to $9.32 per share Multiple sale transactions, excluding fees, commissions, or other expenses
RSU balance after transaction 36,870 units Reported after the October 2, 2026 transaction
Restricted Share Units financial
"withholding taxes upon vesting of Restricted Share Units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
quarterly installments financial
"vests in twelve equal quarterly installments"
withholding taxes financial
"Sales to cover withholding taxes upon vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BB shares did Jennifer Armstrong-Owen sell, and at what price?

Jennifer Armstrong-Owen sold 2,590 common shares on October 2, 2026, at a weighted average price of $9.20 per share. The shares were sold in multiple transactions ranging from $9.06 to $9.32, excluding fees, commissions, or other expenses, to cover withholding taxes upon RSU vesting.

How many BB RSUs did Jennifer Armstrong-Owen exercise?

On October 2, 2026, she reported an exercise of 6,146 restricted share units and acquisition of 6,146 common shares. Her reported RSU balance after the transaction was 36,870 units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
10/02/2026
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
Common Shares10/02/2026M6,146A(1)112,237D
Common Shares10/02/2026S2,590D(2)$9.2(3)109,647D
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
Restricted Share Units(1)10/02/2026M6,146 (4) (4)Common Shares6,146(1)36,870D
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. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.06 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.
4. 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.
Remarks:
/s/ Fraser Deziel, Attorney-in-Fact for Jennifer Armstrong-Owen10/05/2026
** 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)

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