Wouters Wayne 4

What Happened

• Wayne Wouters, a director of BlackBerry Limited (BB), was granted 23,230 Deferred Share Units (DSUs) on February 28, 2026. The filing lists this as a derivative award (transaction code A). No purchase price or immediate cash value is reported — the award is a deferred compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-28; Form 4 filed: 2026-03-03 (no late filing indicated).
• Amount granted: 23,230 Deferred Share Units (DSUs). Price per share / total value: N/A (not provided in the filing).
• Shares owned after transaction: not specified in the provided data.
• Footnote: Each DSU equals the economic equivalent of one common share and becomes payable in cash, common shares, or a combination at BlackBerry’s discretion upon the director’s cessation of service (see footnote F1).
• Transaction type: Award/Grant (derivative), not an immediate stock purchase or sale.

Context

• DSUs are a form of deferred compensation for directors; they do not represent immediate transferable common shares and are typically paid out when the director leaves the board. Such grants are routine for director compensation and do not, by themselves, signal near-term buying or selling of the company's stock.