BlackBerry Ltd (NYSE: BB) CLO Kurtz sells 30,000 common shares

Rhea-AI Filing Summary

BlackBerry Ltd executive Philip S. Kurtz, Chief Legal Officer and Corporate Secretary, reported an open-market sale of 30,000 common shares on July 14, 2026 at a weighted average price of $11.32 per share. Following the sale, he holds 95,158 common shares directly.

The reported price reflects conversion from Canadian dollars using the Bank of Canada exchange rate on the transaction date and represents a weighted average of multiple trades executed between $11.30 and $11.33 per share.

Insider Trade Summary

Net Seller: 30,000 shares ($339,600)

Net Sell 1 txn

Insider Kurtz Philip S.

Role CLO & Corp. Secretary

Sold 30,000 shs ($340K)

Type	Security	Shares	Price	Value
Sale	Common Shares	30,000	$11.32	$340K

Holdings After Transaction: Common Shares — 95,158 shares (Direct)

Footnotes (1)

1. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.30 to $11.33, 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.

Key Figures

Shares sold: 30,000 shares Weighted average sale price: $11.32 per share Shares owned after sale: 95,158 shares +1 more

4 metrics

Shares sold 30,000 shares Open-market sale of BlackBerry common shares by Philip S. Kurtz on July 14, 2026

Weighted average sale price $11.32 per share Price per common share received in the July 14, 2026 sale, converted from Canadian dollars

Shares owned after sale 95,158 shares Direct BlackBerry common share holdings of Philip S. Kurtz following the reported transaction

Sale price range $11.30–$11.33 per share Range of individual trade prices for the 30,000 BlackBerry common shares sold

Key Terms

open-market sale, weighted average price, Bank of Canada exchange rate

3 terms

open-market sale financial

"completed an open-market sale of 30,000 common shares"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

Bank of Canada exchange rate financial

"using the Bank of Canada exchange rate on the transaction date"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 04:48 PM Accepted by SEC EDGAR 07/15/2026 - 04:47 PM Learn about SEC filing dates

FAQ

What insider transaction did BlackBerry (BB) report for Philip S. Kurtz?

BlackBerry reported that Chief Legal Officer and Corporate Secretary Philip S. Kurtz completed an open-market sale of 30,000 common shares on July 14, 2026. The sale used a weighted average price of $11.32 per share across multiple trades that day.

How many BlackBerry (BB) shares does Philip S. Kurtz own after the sale?

After the transaction, Philip S. Kurtz directly owns 95,158 BlackBerry common shares. This figure reflects his holdings immediately following the reported open-market sale of 30,000 shares and represents his remaining direct equity stake in the company as of the filing date.

What price did Philip S. Kurtz receive for his BlackBerry (BB) share sale?

The reported transaction used a weighted average sale price of $11.32 per share. According to the disclosure, the 30,000 common shares were sold in multiple trades at prices ranging between $11.30 and $11.33 per share, excluding fees and commissions, on the transaction date.

How was the sale price for Philip S. Kurtz's BlackBerry (BB) shares determined?

The reported price per share was converted from Canadian dollars into U.S. dollars using the Bank of Canada exchange rate on the transaction date. This conversion underlies the weighted average sale price disclosed for the 30,000 BlackBerry common shares sold.

What role does Philip S. Kurtz hold at BlackBerry (BB) in this Form 4?

In this Form 4, Philip S. Kurtz is identified as an officer of BlackBerry, serving as Chief Legal Officer and Corporate Secretary. The reported open-market sale involves his directly held common shares rather than any indirect or derivative holdings.

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

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^*

Kurtz Philip S.

(Last) (First) (Middle)

C/O BLACKBERRY LIMITED

2200 UNIVERSITY AVENUE EAST

(Street)

WATERLOO N2K 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CLO & Corp. Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	07/14/2026		S		30,000	D	$11.32(1)(2)	95,158	D

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

Explanation of Responses:

1. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.30 to $11.33, 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.

Remarks:

	/s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz	07/15/2026
	** Signature of Reporting Person	Date
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)