Foote Tim 4

What Happened Tim Foote, Chief Financial Officer of BlackBerry Limited, was granted 229,057 contingent units on April 9, 2026. The grant is a derivative award (reported as an "A" — award/grant) and does not show an acquisition price or immediate cash value. These units represent contingent rights to receive common shares (or cash/the equivalent) at BlackBerry's discretion and vest in twelve equal quarterly installments ending April 9, 2029, assuming continued employment.

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 13, 2026.
• Shares/units granted: 229,057 contingent units (derivative award). Price: N/A.
• Vesting: 12 equal quarterly installments, final vesting April 9, 2029 (subject to continued employment).
• Footnotes: F1 — each unit = contingent right to one common share or cash equivalent at company discretion; F2 — grant vests quarterly through 4/9/2029 with employment condition.
• Shares owned after transaction: not specified in the filing.
• No indication in the filing of a 10b5-1 plan, tax-withholding sale, or gift; filing does not state it was late.

Context This was a compensation award, not an open-market purchase or sale. Such grants are common for executives and reflect compensation/retention practices rather than an immediate buy or sell signal. Because these are contingent/vested units (derivatives), they will only convert into shares or cash if/when vesting and company conditions are met.