Form 4: BlackBerry CFO Tim Foote Reports Share Transactions
SEC Form 4 Filing
Tim Foote, BlackBerry's CFO, reported the acquisition and disposition of common shares and restricted share units on January 3, 2025.
Summary
- On January 3, 2025, Tim Foote, the Chief Financial Officer of BlackBerry Ltd, reported transactions involving the company's securities.
- Foote acquired 1,600 common shares through the vesting of restricted share units (RSUs).
- He also disposed of 467 common shares to cover withholding taxes related to the vesting of these RSUs at a weighted average price of $4.
- Following these transactions, Foote beneficially owns 9,236 common shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing share transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade in their company's stock. It provides transparency to investors about the transactions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of earliest transaction: Acquisition of 1,600 common shares through vesting of Restricted Share Units and sale of 467 common shares. |
| 01/03/2025 | RSUs fully vested. |
| 01/07/2025 | Date of report signature. |
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