BlackBerry (BB) grants 732,984 RSUs to CEO & Secure Comm leader
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GIAMATTEO JOHN JOSEPH reported acquisition or exercise transactions in this Form 4 filing.
BlackBerry Limited reported that director and executive John Joseph Giamatteo, CEO & President, Secure Communications, received a grant of 732,984 Restricted Share Units (RSUs) on April 9, 2026. Each RSU represents a contingent right to one common share or an equivalent amount of cash, or a combination, at BlackBerry’s discretion.
The award vests in twelve equal quarterly installments, assuming continued employment, with vesting ending on April 9, 2029. Following this grant, Giamatteo is reported as directly holding 732,984 RSUs linked to an equal number of underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GIAMATTEO JOHN JOSEPH
Role
CEO & President, Secure Comm.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 732,984 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 732,984 shares (Direct)
Footnotes (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. This award was granted on April 9, 2026 and, assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 9, 2029.
Key Figures
RSUs granted: 732,984 units
Underlying common shares: 732,984 shares
Grant price per RSU: $0.00 per unit
+3 more
6 metrics
RSUs granted
732,984 units
Restricted Share Units awarded on April 9, 2026
Underlying common shares
732,984 shares
Common shares underlying granted RSUs
Grant price per RSU
$0.00 per unit
Compensation grant, not open-market purchase
Vesting installments
12 quarterly installments
Equal quarterly vesting schedule, assuming continued employment
Vesting end date
April 9, 2029
Final vesting date for RSU grant
Total RSUs after grant
732,984 units
Total RSUs held directly following this award
Key Terms
Restricted Share Units, contingent right, vesting, quarterly installments, +1 more
5 terms
contingent right financial
"Each unit represents a contingent right to receive one common share"
vesting financial
"vests in twelve equal quarterly installments ending April 9, 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
quarterly installments financial
"vests in twelve equal quarterly installments ending April 9, 2029"
equivalent amount of cash financial
"receive one common share or an equivalent amount of cash"
FAQ
What insider transaction did BlackBerry (BB) report for John Joseph Giamatteo?
BlackBerry reported a compensation-related grant to John Joseph Giamatteo. He received 732,984 Restricted Share Units (RSUs), which are rights to receive common shares or cash, awarded on April 9, 2026, rather than an open-market share purchase or sale.
What is the vesting schedule for the 732,984 RSUs at BlackBerry (BB)?
The 732,984 RSUs vest in twelve equal quarterly installments. Vesting began after the April 9, 2026 grant date and continues quarterly, assuming continued employment, until the final installment on April 9, 2029, spreading the award over three years.
How many RSUs does John Joseph Giamatteo hold after this BlackBerry (BB) grant?
After the reported grant, John Joseph Giamatteo holds 732,984 Restricted Share Units directly. These RSUs correspond to 732,984 underlying BlackBerry common shares, subject to the described vesting schedule and potential settlement in shares, cash, or a combination.