Philip S. Kurtz - 02 Jan 2026 Form 4 Insider Report for BLACKBERRY Ltd (BB)

Role: CLO & Corp. Secretary
Signature: /s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz
Issuer symbol: BB
Transactions as of: 02 Jan 2026
Net transactions value: -$43,261
Form type: 4
Filing time: 06 Jan 2026, 16:47:11 UTC
Previous filing: 06 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kurtz Philip S.	CLO & Corp. Secretary	C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO, ONTARIO, CANADA	/s/ Fraser Deziel, Attorney-in-Fact for Phil Kurtz	06 Jan 2026	0001939273

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BB	Common Shares	Options Exercise		+19,436	+20%		117,934	02 Jan 2026	Direct	F1
transaction	BB	Common Shares	Sale	$30,490	-7,838	-6.6%	$3.89	110,096	02 Jan 2026	Direct	F2, F3, F4
transaction	BB	Common Shares	Options Exercise		+7,375	+6.7%		117,471	02 Jan 2026	Direct	F1
transaction	BB	Common Shares	Sale	$12,771	-3,283	-2.8%	$3.89	114,188	02 Jan 2026	Direct	F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BB	Restricted Share Units	Options Exercise		-19,436	-50%		19,436	02 Jan 2026	Common Shares	19,436		Direct	F1, F5
transaction	BB	Restricted Share Units	Options Exercise		-7,375	-10%		66,370	02 Jan 2026	Common Shares	7,375		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each unit represents a contingent right to receive one common share or an equivalent amount of cash, or a combination of the two, at the discretion of BlackBerry Limited.
F2	Sales to cover withholding taxes upon vesting of Restricted Share Units ("RSUs")".
F3	The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $3.92, exclusive of any fees, commissions or other expenses. The Reporting Person undertakes to provide BlackBerry, any shareholder of BlackBerry, or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	This award was granted on January 2, 2024 and, assuming continued employment through the applicable vesting date, vests in three equal annual instalments ending January 2, 2027.
F6	This award was granted on April 2, 2025, and assuming continued employment through the applicable vesting date, vests in twelve equal quarterly installments ending April 2, 2028.