BLACKBERRY Ltd: President QNX John Christopher Wall sold 3,474 shares

What happened

• John Christopher Wall, president of QNX at BlackBerry Ltd, exercised or converted derivatives for 6,146 shares and sold 3,474 shares in an open-market transaction on Oct 2, 2026 for $31,891 (weighted average price $9.18).
• The filing also shows a disposition of 6,146 shares tied to the derivative exercise/conversion reported the same day.

Key details

• Transaction date: Oct 2, 2026. Sale price reported as a weighted average of $9.18 per share (range $9.01 to $9.32 across multiple trades).
• Total proceeds reported for the open-market sale: $31,891.
• Shares owned after the transaction: not reported in this filing.
• Footnotes:
  • The units involved carry contingent rights to receive one common share or cash, or a combination, at BlackBerry's discretion (F1).
  • The 3,474-share sale was reported as a sale to cover withholding taxes upon vesting of restricted share units (RSUs) (F2).
  • The filing reports the weighted average sale price and offers to provide per-price breakdown on request (F3).
  • Reported price was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date (F4).
  • The RSU award in question was granted Apr 2, 2025 and vests in 12 equal quarterly installments ending Apr 2, 2028 (F5).
• Filing timeliness: not indicated as late.

Why it may matter

• The filing shows a derivative exercise/conversion of 6,146 shares and the same number of derivative shares disposed, indicating the shares were not retained after conversion (cashless exercise/conversion).
• The open-market sale of 3,474 shares is identified as a sale to cover tax withholding on RSU vesting.
• This filing does not show why the insider traded or why the company acted.