What is a Deferred Share Unit (DSU) in the BlackBerry (BB) filing?

A Deferred Share Unit is compensation that is the economic equivalent of one BlackBerry common share. DSUs do not pay out immediately; they become payable in cash, common shares, or both only after the director’s service with BlackBerry ends, as specified in the filing.

How many BlackBerry (BB) Deferred Share Units does Philip G. Brace hold after this grant?

After receiving 8,750 new Deferred Share Units, Philip G. Brace holds 190,592 Deferred Share Units directly. Each DSU represents the economic value of one common share, providing equity-linked compensation without an immediate transfer of BlackBerry stock or cash to the director.

When will Philip G. Brace’s BlackBerry (BB) Deferred Share Units be paid out?

The filing states Philip G. Brace’s Deferred Share Units become payable after he stops serving as a director. At that time, BlackBerry may settle them in cash, common shares, or a combination, at the company’s discretion, rather than providing immediate payment on the grant date.

BlackBerry (NYSE: BB) director receives 8,750 deferred share units as equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BRACE PHILIP G reported acquisition or exercise transactions in this Form 4 filing.

BlackBerry Ltd director Philip G. Brace received a grant of 8,750 Deferred Share Units, a form of stock-based compensation economically equivalent to common shares. Following this award, he holds 190,592 Deferred Share Units directly. These units become payable in cash, common shares, or both after he leaves the board.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BRACE PHILIP G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	8,750	$0.00	--

Holdings After Transaction: Deferred Share Unit — 190,592 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Deferred Share Units granted: 8,750 units Deferred Share Units after transaction: 190,592 units Exercise price of DSUs: $0.0000 per unit +1 more

4 metrics

Deferred Share Units granted 8,750 units Grant to director Philip G. Brace on 2026-05-31

Deferred Share Units after transaction 190,592 units Total DSU holdings following the grant

Exercise price of DSUs $0.0000 per unit Non-cash equity compensation award

Underlying common shares 8,750 shares Common shares economically referenced by granted DSUs

Key Terms

Deferred Share Unit, economic equivalent, common shares, Grant, award, or other acquisition, +1 more

5 terms

economic equivalent financial

"Each Deferred Share Unit ("DSU") is the economic equivalent of one common share."

common shares financial

"payable, in cash or common shares or a combination of the two"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

cessation of the reporting person's service financial

"following cessation of the reporting person's service as a director"

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Form 4 Insider Transactions: What Each Field Means →

06/01/2026 - 05:02 PM

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^*

BRACE PHILIP G

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Share Unit	⁽¹⁾	05/31/2026		A		8,750		⁽¹⁾	⁽¹⁾	Common Shares	8,750	⁽¹⁾	190,592	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 Philip Brace	06/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did BlackBerry (BB) director Philip G. Brace report in this Form 4?

Philip G. Brace reported receiving 8,750 Deferred Share Units from BlackBerry as a compensation grant. These units increase his total Deferred Share Unit holdings to 190,592, aligning his interests with common shareholders without involving any open-market stock purchase or sale.

Does the BlackBerry (BB) Form 4 show any stock being bought or sold on the market?

The Form 4 shows a grant of 8,750 Deferred Share Units as compensation and no open-market purchases or sales. The transaction is coded as an acquisition award, not a buy or sell, and reflects non-cash, equity-linked compensation for Philip G. Brace’s board service.