BlackBerry (NYSE: BB) CFO details RSU vesting and tax share sales

Rhea-AI Filing Summary

BlackBerry Limited’s Chief Financial Officer Tim Foote reported the vesting of restricted share units and related share sales. On January 6, 2026, 2,367 Restricted Share Units and 4,616 Performance-Based Restricted Share Units were converted into common shares, consistent with the company’s equity compensation plans.

To cover withholding taxes upon vesting of these RSUs, Foote sold 811 and 1,634 common shares in separate transactions at a weighted average price of $3.88 per share, with individual trades ranging from $3.83 to $3.93. Following these transactions, he directly owned 62,785 common shares and 27,007 Performance-Based Restricted Share Units, with additional tranches of 2,187, 9,114 and 15,706 RSUs scheduled to vest in 2027 and 2028, subject to continued employment and performance conditions.

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^*

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)
01/06/2026

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
Common Shares	01/06/2026		M		2,367	A	(1)	60,614	D
Common Shares	01/06/2026		S		811	D(2)	$3.88(3)	59,803	D
Common Shares	01/06/2026		M		4,616	A	(1)	64,419	D
Common Shares	01/06/2026		S		1,634	D(2)	$3.88(3)	62,785	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)	01/06/2026		M			2,367	(4)	(4)	Common Shares	2,367	(1)	0	D
Performance-Based Restricted Share Units	(1)	01/06/2026		M			4,616	(5)	(5)	Common Shares	4,616	(1)	27,007	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 $3.83 to $3.93, 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. The RSUs fully vested on January 6, 2026.

5. Reflects an amount of Performance-Based Restricted Share Units ("RSUs") determined in accordance with satisfaction of performance conditions. 4,616 RSUs vested on January 6, 2026, 2,187 RSUs will vest on January 2, 2027, 9,114 will vest on April 4, 2027, and 15,706 will vest on January 2, 2028, if the reporting person is employed by BlackBerry Limited as of those dates.

Remarks:

	/s/ Fraser Deziel, Attorney-in-Fact for Tim Foote	01/08/2026
	** 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) disclose for CFO Tim Foote?

BlackBerry disclosed that CFO Tim Foote had Restricted Share Units and Performance-Based Restricted Share Units vest on January 6, 2026, which were settled in common shares, along with related share sales to cover taxes.

How many BlackBerry RSUs vested for CFO Tim Foote on January 6, 2026?

On January 6, 2026, 2,367 Restricted Share Units and 4,616 Performance-Based Restricted Share Units vested and were converted into common shares.

How many BlackBerry shares did Tim Foote sell, and at what price?

Tim Foote sold 811 and 1,634 common shares in two transactions at a weighted average price of $3.88 per share, with individual sale prices ranging from $3.83 to $3.93, to cover withholding taxes on RSU vesting.

How many BlackBerry shares does CFO Tim Foote own after these transactions?

After the reported transactions, Tim Foote directly owned 62,785 common shares of BlackBerry Limited.

What unvested Performance-Based RSUs does Tim Foote still hold at BlackBerry?

Tim Foote held 27,007 Performance-Based Restricted Share Units after the transactions. According to the schedule, 2,187 RSUs are set to vest on January 2, 2027, 9,114 on April 4, 2027, and 15,706 on January 2, 2028, if employment and performance conditions are met.

Were Tim Foote’s BlackBerry share sales part of routine tax withholding?

Yes. A footnote explains that the reported share sales were “sales to cover withholding taxes upon vesting of Restricted Share Units (RSUs)”, indicating they were linked to tax obligations on vested equity awards.