BlackBerry Ltd: Sr VP & chief people officer Jennifer Armstrong-Owen sold 2,590 shares

What happened

• Jennifer Armstrong-Owen, Sr VP & chief people officer, exercised or converted derivatives for 6,146 units and sold 2,590 common shares on Oct 2, 2026. The sale price reported is a weighted average of $9.20, totaling $23,828.
• The filing also shows a disposition of 6,146 derivative units on Oct 2, 2026 (reported as a derivative transaction).

Key details

• Transaction dates and prices: Oct 2, 2026 — exercise/conversion of derivative (code M) for 6,146 units; Oct 2, 2026 — open market sale (code S) of 2,590 shares at a weighted average price of $9.20 (sales ranged from $9.06 to $9.32).
• Shares owned after the transaction: not stated in the provided filing data.
• Footnotes:
  • F1: Each unit is a contingent right to receive one common share or an equivalent cash amount, at BlackBerry’s discretion.
  • F2: The sales were to cover withholding taxes upon vesting of restricted share units (RSUs).
  • F3: The $9.20 price is a weighted average; individual sale prices ranged from $9.06 to $9.32.
  • F4: The RSU award was granted Apr 2, 2025, and vests in 12 equal quarterly installments ending Apr 2, 2028.
• Filing date: Oct 5, 2026, for transactions dated Oct 2, 2026.

Why it may matter

• The filing reports an exercise/conversion of derivative units and a contemporaneous sale of shares; part of the sale was identified as covering tax withholding for RSU vesting.
• Transaction codes reported include M for exercise/conversion and S for sale (F indicates tax withholding context).
• A filing does not show why the insider traded or why the company acted.