Director Richard Lynch granted 28,503 DSUs at BlackBerry (NYSE: BB)

Rhea-AI Filing Summary

Lynch Richard J. reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Limited director Richard J. Lynch received an award of 28,503 Deferred Share Units (DSUs), each economically equivalent to one common share. The grant, recorded at a price of $0.00 per unit, increased his directly held DSUs to 495,288. These DSUs become payable in cash, common shares, or a combination, at BlackBerry’s discretion after he ceases serving as a director.

SEC Form 4

FORM 4

UNITED 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

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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^*

Lynch Richard J.

(Last) (First) (Middle)

C/O BLACKBERRY LIMITED

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO A6 N2K 0A7

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKBERRY Ltd [ BB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Share Unit	(1)	02/28/2026		A		28,503		(1)	(1)	Common Shares	28,503	(1)	495,288	D

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 Richard Lynch	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did BlackBerry (BB) report for Richard J. Lynch?

BlackBerry reported that director Richard J. Lynch received a grant of 28,503 Deferred Share Units. These units were awarded at a stated price of $0.00 per unit, increasing his directly held DSUs to 495,288, according to the Form 4 filing.

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

A Deferred Share Unit (DSU) is economically equivalent to one BlackBerry common share. The DSUs become payable in cash, common shares, or a combination, at BlackBerry’s discretion after the director’s service ends, providing deferred, share-linked compensation rather than immediate stock.

Did Richard J. Lynch buy or sell BlackBerry (BB) shares in this Form 4?

Richard J. Lynch did not buy or sell shares on the market. The Form 4 shows an acquisition coded as a grant or award of 28,503 Deferred Share Units, representing compensation rather than an open-market purchase or sale of BlackBerry stock.

How many Deferred Share Units does Richard J. Lynch hold after this BlackBerry (BB) grant?

After the reported grant, Richard J. Lynch holds a total of 495,288 Deferred Share Units directly. This figure reflects the newly awarded 28,503 DSUs added to his prior balance, as disclosed in the Form 4 insider transaction report.

When will Richard J. Lynch’s BlackBerry (BB) Deferred Share Units be paid out?

The Deferred Share Units become payable after Richard J. Lynch’s service as a BlackBerry director ends. At that time, BlackBerry may settle the DSUs in cash, common shares, or a combination of both, at the company’s discretion, according to the filing footnote.