---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-25-000082"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2025-04-07T23:59:59+00:00"
generated_at: "2026-05-23T19:24:45.606415+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BlackBerry enhances CEO John Giamatteo's severance to 24 months salary plus 2x bonus lump sum

## Summary
- Salary continuance increased from 12 months (+1 per year) to 24 months on qualifying termination.
- New lump sum payment equal to 2x target annual bonus under the Variable Incentive Plan.
- Unvested equity awards continue to vest during the 24-month severance period.
- Amendment effective April 1, 2025, approved by Board on Compensation Committee recommendation.

## SEC filing metadata
- accession: 0001070235-25-000082
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2025-04-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023525000082/0001070235-25-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023525000082/bbry-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-25-000082
- JSON: https://secwatch.observer/filing/0001070235-25-000082.json
- Plain text: https://secwatch.observer/filing/0001070235-25-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.