Form 4: BlackBerry Director Lisa Disbrow Receives DSU Grant

Director Lisa Disbrow was granted 9,166 Deferred Share Units as part of her compensation for service at BlackBerry Limited.

Summary

• Director Lisa Disbrow acquired 9,166 Deferred Share Units (DSUs) on May 31, 2026.
• Each DSU represents the economic equivalent of one common share of BlackBerry Limited.
• The DSUs are payable in cash, common shares, or a combination thereof upon the cessation of the director's service.
• Following this transaction, the reporting person holds a total of 348,983 shares/units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• The grant aligns the director's long-term interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the DSUs is tied to the future performance of BlackBerry common shares.

Future Outlook

The DSUs will become payable upon the director's departure from the board, with the form of payment (cash or shares) determined at the discretion of the company.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice intended to ensure alignment between directors and shareholders in the technology sector.

Comparison to Industry Standards

• The use of Deferred Share Units for director compensation is consistent with standard practices for large-cap and mid-cap technology firms.
• The structure of the grant is typical for board-level compensation packages.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• No further actions required by the reporting person regarding this specific transaction.

Key Dates

Keywords

BlackBerry, BB, Director Compensation, Deferred Share Units, Insider Transaction, SEC Form 4