BlackBerry Ltd: CEO and president John Giamatteo sold 29,272 shares

What happened

• John Giamatteo, CEO and president and director, sold 29,272 common shares in an open-market sale at a weighted average price of $9.20 per share for total proceeds of $269,302 on Oct 2, 2026.
• The filing also shows exercise or conversion of derivatives/contingent units totaling 66,372 units on Oct 2, 2026; the filing records 66,372 units acquired and 66,372 units disposed as derivative transactions.

Key details

• Transaction date(s): Oct 2, 2026. Filing date: Oct 5, 2026. The filing does not indicate it was late.
• Sale price: $9.20 per share (weighted average); prices ranged from $9.06 to $9.32 across multiple trades.
• Proceeds: $269,302 from the sale of 29,272 shares.
• Derivative activity: 66,372 units exercised/converted (reported as acquired) and 66,372 units disposed (reported as derivative). Price for the derivative exercises is reported as N/A.
• Shares owned after the transaction: not disclosed in the filing.
• Relevant footnotes: F1 — each unit is a contingent right to one common share or an equivalent amount of cash at the company’s discretion; F2 — the sales were to cover withholding taxes upon vesting of RSUs; F3 — weighted average price and a stated range of $9.06 to $9.32 with an undertaking to provide a per-price breakdown on request; F4 — the award was granted Apr 2, 2025 and vests in twelve equal quarterly installments ending Apr 2, 2028.

Why it may matter

• The filing shows derivative units were exercised and shares were sold, with at least some shares sold to cover withholding taxes upon vesting of RSUs.
• The filing does not show why the insider traded or why the company acted.