O'Neill Lori 4

What Happened
Lori O'Neill, a director of BlackBerry Limited (BB), was granted 23,230 Deferred Share Units (DSUs) on February 28, 2026. The grant is reported as an award/derivative transaction (code A); no per-share price or immediate cash value is provided in the filing. DSUs are a form of director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-28 (reported on Form 4 filed 2026-03-03).
• Transaction type: Award/Grant of Deferred Share Units (derivative); price listed as N/A.
• Shares/units granted: 23,230 DSUs. Total value not disclosed in the filing.
• Shares owned after transaction: not specified in the reported Form 4.
• Footnote (summary): Each DSU equals the economic equivalent of one common share and becomes payable — in cash, common shares, or a combination — at BlackBerry’s discretion after the director’s service ends.
• Filing timeliness: Form 4 filed 2026-03-03; the filing shows the report date but does not indicate a late-report flag.

Context
DSUs are a deferred compensation vehicle for directors: they track the economic value of common shares but are typically paid out later (often upon leaving the board), so this grant does not represent an immediate purchase or sale of stock. Such awards are routine director compensation and should be interpreted as remuneration rather than a direct market signal about the insider’s short-term view of the company.