BlackBerry Director Richard Lynch Receives 10,695 DSUs

What Happened

• Richard J. Lynch, a director of BlackBerry Ltd. (BB), was granted 10,695 Deferred Share Units (DSUs) on 2026-05-31. The filing treats this as an award/acquisition (code A); no per-share price or immediate cash value is reported (N/A). This is a compensation grant (neither an open-market purchase nor a sale).

Key Details

• Transaction date: 2026-05-31; Form 4 filed: 2026-06-01 (appears timely; Form 4 is normally due within two business days).
• Grant amount: 10,695 DSUs; price per unit: N/A; total value: N/A (not provided in the filing).
• Shares owned after transaction: not specified in the provided filing.
• 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 following cessation of the director’s service.
• No 10b5‑1 plan, tax withholding, or late-filing flags noted in the filing.

Context

• DSUs are deferred compensation: they do not immediately increase public float and are settled later (cash and/or shares) when the director leaves service. Such grants are routine for directors and reflect compensation, not an immediate market purchase or sale. To estimate the present market value, multiply 10,695 by BlackBerry’s current share price.