SCHEDULE: Fairfax Entities Amend Schedule 13D for BlackBerry Holdings

Sentiment:

Schedule 13D Amendment


Fairfax Financial Holdings Limited and its affiliates have filed an amendment to their Schedule 13D, updating their beneficial ownership information for BlackBerry Limited shares.

Summary

  • This filing is an amendment (Amendment No. 15) to a Schedule 13D originally filed on July 23, 2012, concerning the common stock of BlackBerry Limited.
  • The amendment restates Item 2, detailing the Reporting Persons, which include V. Prem Watsa, Fairfax Financial Holdings Limited, and numerous subsidiaries and affiliated entities.
  • Item 5 is amended to state that as of May 4, 2026, each of the Reporting Persons ceased to be the beneficial owner of more than five percent of BlackBerry Limited's shares.
  • The filing also lists additional exhibits, including information on directors and officers, beneficial ownership by directors and officers, and transactions in the shares over the last sixty days.
  • The total number of outstanding shares of BlackBerry Limited as of April 6, 2026, was reported as 587,882,400.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily serves as an update to beneficial ownership reporting and does not contain new operational or financial performance information for BlackBerry Limited.

Negatives

  • As of May 4, 2026, all reporting persons have ceased to be beneficial owners of more than five percent of BlackBerry Limited's shares, indicating a significant reduction in their stake or a change in reporting thresholds.

Future Outlook

The filing indicates a change in beneficial ownership status, with reporting persons no longer holding more than five percent of the shares as of May 4, 2026. No specific future outlook for BlackBerry Limited is provided in this amendment.

Industry Context

StockSavvy.ai notes that this Schedule 13D amendment primarily concerns changes in beneficial ownership reporting by a significant investor group, Fairfax Financial Holdings, and its affiliates, regarding their stake in BlackBerry Limited. Such filings are crucial for understanding shifts in major shareholder positions within the technology and cybersecurity sectors.

Stakeholder Impact

  • Shareholders may note the reduction in the reported beneficial ownership percentage by Fairfax and its affiliates, which could influence market perception of their ongoing commitment or strategy towards BlackBerry Limited.
  • Investors and analysts will monitor future filings for any further changes in significant shareholdings.

Next Steps

  • The reporting persons have agreed to jointly file this Schedule 13D and any future amendments.
  • The reporting persons undertake to provide full information regarding the number of Shares purchased or sold at each separate price upon request by the SEC staff.

Key Dates

DateDescription
2012-07-23Original Schedule 13D filing date.
2020-03-09Date of Power of Attorney (incorporated by reference).
2023-06-21Date of Power of Attorney (incorporated by reference).
2026-04-06Date as of which outstanding shares were reported.
2026-04-20Date of share transactions.
2026-04-21Date of share transactions.
2026-05-04Date as of which reporting persons ceased to be beneficial owners of more than five percent.
2026-05-06Date of Amendment No. 15 and Joint Filing Agreement.

Keywords

BlackBerry Limited, Schedule 13D, Fairfax Financial Holdings, V. Prem Watsa, Beneficial Ownership, SEC Filing, Amendment

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