Form 4: BlackBerry CFO Tim Foote Executes Stock Transactions Following RSU Vesting

BlackBerry's Chief Financial Officer, Tim Foote, acquired and sold common shares on January 6, 2025, following the vesting of restricted share units.

Summary

• On January 6, 2025, Tim Foote, the Chief Financial Officer of BlackBerry Limited, acquired 2,367 common shares through the vesting of restricted share units (RSUs).
• Following the vesting, Mr. Foote sold 745 common shares to cover withholding taxes.
• The sale of shares was executed at a weighted average price of $4, with individual transactions ranging from $3.97 to $4.14.
• After these transactions, Mr. Foote beneficially owns 10,858 common shares.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for companies that use stock-based compensation. It does not indicate any specific trend or event in the broader industry.

Comparison to Industry Standards

• Stock transactions by executives are a common occurrence in publicly traded companies, particularly following the vesting of equity awards.
• The sale of shares to cover tax obligations is a standard practice.
• The reported price range is within the expected volatility for a stock like BlackBerry.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of routine executive compensation.

Key Dates

Keywords

BlackBerry, Tim Foote, CFO, Restricted Share Units, RSU, Stock Transaction, Share Sale, Vesting, Insider Trading