Form 4: BlackBerry Director Laurie Smaldone Alsup Reports Acquisition of Deferred Share Units

Laurie Smaldone Alsup, a director of BlackBerry Limited, reported the acquisition of 5,994 Deferred Share Units (DSUs) on June 25, 2024.

Summary

• On June 25, 2024, Laurie Smaldone Alsup, a director of BlackBerry Limited, acquired 5,994 Deferred Share Units (DSUs).
• Each DSU is equivalent to one common share of BlackBerry.
• The DSUs will be payable in cash, common shares, or a combination thereof, at BlackBerry's discretion, following the cessation of Alsup's service as a director.
• Following the transaction, Alsup directly owns 292,923 common shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The DSUs become payable, in cash or common shares or a combination of the two, at the discretion of BlackBerry Limited following cessation of the reporting person's service as a director of BlackBerry.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the compensation and holdings of a key company director.

Key Dates