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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Richard J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 28,503 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Unit — 495,288 shares (Direct)
Footnotes (1)
- F1. 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.