Form 4: BlackBerry Director Wayne Wouters Reports Acquisition of Deferred Share Units

Director Wayne Wouters reports acquisition of 21,293 Deferred Share Units (DSUs) of BlackBerry Limited, bringing his total holdings to 301,089 DSUs.

Summary

• On August 31, 2024, Wayne Wouters, a director of BlackBerry Limited, acquired 21,293 Deferred Share Units (DSUs).
• Following this transaction, Wouters directly owns 301,089 DSUs.
• Each DSU is equivalent to one common share of BlackBerry.
• The DSUs are payable in cash, common shares, or a combination thereof, at BlackBerry's discretion, following Wouters' cessation of service as a director.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral 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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with those of shareholders.

Key Dates