Form 4: BlackBerry Director Lisa S Disbrow Reports Acquisition of Deferred Share Units

Director Lisa S Disbrow reports acquiring 10,814 Deferred Share Units (DSUs) of BlackBerry Limited on February 28, 2025.

Summary

• Lisa S Disbrow, a director of BlackBerry Limited, reported the acquisition of 10,814 Deferred Share Units (DSUs) on February 28, 2025.
• These DSUs are the economic equivalent of common shares and will be payable in cash, common shares, or a combination thereof, following the cessation of Disbrow's service as a director.
• Following the transaction, Disbrow beneficially owns 267,052 common shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a standard transaction related to director compensation. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The DSUs will be payable in cash or common shares at BlackBerry's discretion following the director's departure.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with those of the shareholders, as the value of the DSUs is tied to the performance of the company's stock.

Key Dates