BlackBerry CEO sells 29,272 shares to cover taxes
The RSU award was granted April 2, 2025 and, assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 2, 2028.
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Rhea-AI Filing Summary
John Joseph Giamatteo, BlackBerry Ltd. (BB)'s CEO & President, Secure Comm., converted 66,372 Restricted Share Units into 66,372 common shares on October 2, 2026, then sold 29,272 common shares at a weighted average price of $9.20 per share to cover withholding taxes upon RSU vesting. The sale prices ranged from $9.06 to $9.32 per share. The reported RSU balance following the conversion was 398,228; no Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1, F4 | 66,372 | -- | -- |
| Exercise | Common Shares F1 | 66,372 | -- | -- |
| Sale | Common Shares F3, F2 | 29,272 | $9.20 | $269K |
Footnotes (4)
- F1. 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.
- F2. Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.06 to $9.32, 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.
- F4. 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.
Key Figures
Key Terms
weighted average price financial
contingent right technical
withholding taxes financial
FAQ
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