[Form 4] BLACKBERRY Ltd Insider Trading Activity

Rhea-AI Filing Summary

Insider transactions at BlackBerry Limited (BB): Chief Financial Officer Tim Foote received 7,375 restricted share units (RSUs) that vested on 10/02/2025 and sold 3,155 common shares the same day at a weighted average price of $4.62 per share to cover tax withholding. After these transactions, Mr. Foote beneficially owns 39,709 common shares and holds 73,745 RSUs yet to vest.

The RSU award was granted on 04/02/2025 and vests in twelve equal quarterly installments through 04/02/2028. Each RSU can settle in one common share, cash, or a combination at the company's discretion.

Positive

• Retention incentive granted: 7,375 RSUs awarded with quarterly vesting through 04/02/2028, aligning executive tenure with long‑term goals
• Routine tax-cover sale: 3,155 shares sold at $4.62 to satisfy withholding, indicating standard post‑vesting mechanics rather than opportunistic trading

Negative

• Reduced immediate share ownership: Sale of 3,155 shares lowers direct holdings to 39,709, modestly decreasing insider stake
• Potential future dilution: 73,745 RSUs remain outstanding and may be settled in shares, which could increase share count if settled in stock

Insights

Corporate Compensation Analyst

Compensation-related vesting and sell-to-cover taxes explain the trades.

The CFO received 7,375 RSUs that vested on 10/02/2025; the award vests quarterly through 04/02/2028, signaling time‑based retention incentives tied to continued employment. The RSUs convert into common shares or cash at the company's option, which affects eventual dilution depending on settlement method.

Concurrent sales of 3,155 shares at a weighted average of $4.62 were executed to cover withholding taxes, a routine practice after vesting. Monitor future scheduled vesting installments and settlement choices through 04/02/2028 for dilution timing and CFO ownership trends.

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^*

Foote Tim

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

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
Common Shares	10/02/2025		M		7,375	A	(1)	42,864	D
Common Shares	10/02/2025		S		3,155	D(2)	$4.62(3)	39,709	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
Restricted Share Units	(1)	10/02/2025		M			7,375	(4)	(4)	Common Shares	7,375	(1)	73,745	D

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 $4.57 to $4.67, 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 Tim Foote	10/06/2025
	** 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.

FAQ

What insider transactions did BlackBerry (BB) disclose on the Form 4?

The CFO received 7,375 RSUs that vested on 10/02/2025 and sold 3,155 common shares the same day at a weighted average price of $4.62 per share to cover tax withholding.

How many BlackBerry shares does the reporting person own after the transactions?

After the reported transactions the reporting person beneficially owns 39,709 common shares and holds 73,745 RSUs outstanding.

When do the remaining RSUs vest for the CFO?

The RSU award vests in twelve equal quarterly installments, with the schedule ending on 04/02/2028.

Why were shares sold on the vesting date?

The filing states the sales were sales to cover withholding taxes upon vesting of RSUs, a common post‑vesting practice.

What is the conversion/settlement option for the RSUs?

Each RSU represents a contingent right to receive one common share or an equivalent amount of cash, or a combination at the discretion of BlackBerry Limited.