GIAMATTEO JOHN JOSEPH 4

What Happened John Joseph Giamatteo, CEO & President (Secure Communications) and a director of BlackBerry Limited (BB), was granted 732,984 units on April 9, 2026. The award is reported as a derivative grant (code A); no per-share price or immediate cash value is listed in the filing. This is a compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date: April 9, 2026. Form 4 filed April 13, 2026 (reporting period 04/09/2026).
• Security: 732,984 units (derivative award); price: N/A; total value: not stated.
• Vesting: Award vests in twelve equal quarterly installments, assuming continued employment, ending April 9, 2029. (Footnote: each unit is a contingent right to one common share or an equivalent cash amount, or a combination, at BlackBerry’s discretion.)
• Shares owned after transaction: not specified in the provided filing.
• Transaction type: Award/Grant (compensation) — not a purchase or sale by the insider.

Context These units are a retention/compensation award that will convert to shares or cash over time if employment continues; such grants are common for executives and are not the same signal as an insider buying shares on the open market. Investors tracking insider activity should watch for future Form 4 filings as units vest or are converted, and may verify the filing timeliness and any additional disclosures on the SEC EDGAR record.