Bahash Lisa 4

What Happened
Lisa Bahash, a director of BlackBerry Limited (BB), received an award of 8,889 deferred share units (DSUs) on May 31, 2026. The Form 4 lists the transaction as an award (code A); no per-share price or immediate cash value is reported because DSUs are a derivative compensation vehicle rather than an open‑market trade.

Key Details

• Transaction date: 2026-05-31; Form 4 filed 2026-06-01 (timely within the usual 2-business-day window).
• Transaction type: Award (DSU) — 8,889 units; price listed as N/A.
• Shares owned after transaction: not specified in the 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 reporting person’s service as a director (see footnote F1).
• No sale, purchase, or option exercise took place — this is a compensation award.

Context
DSUs are a form of deferred director compensation and do not represent immediate open‑market buying or selling. Payout value will depend on BlackBerry’s future share price and the company’s choice to settle in cash and/or shares; therefore the current filing does not indicate an immediate change in Bahash’s liquid holdings. Awards to directors are common and typically part of routine compensation rather than a direct signal of trading intent.