BlackBerry Director Lori O'Neill Receives 9,663 DSUs

What Happened

• Lori O'Neill, a director of BlackBerry Limited (BB), received a grant of 9,663 Deferred Share Units (DSUs) on August 31, 2026. The filing shows this as an award/derivative transaction (code A). No per‑share price or immediate cash value is reported because DSUs are not issued as common shares at grant.

Key Details

• Transaction date: 2026-08-31; Form 4 filed: 2026-09-01 (filed within the usual 2‑business‑day window).
• Award: 9,663 Deferred Share Units (DSUs). Price: N/A; total cash/stock value not reported at grant.
• Shares owned after transaction: not specified on the Form 4.
• 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 the director’s cessation of service.

Context

• DSUs are a form of deferred director compensation, not an immediate purchase or sale of common stock. They represent future value tied to the company’s share price but are only settled (in cash or shares) when the director leaves the board, so this transaction does not immediately change outstanding common shares.