BlackBerry CEO Plans Sale of 99,000 Shares Worth About $865,000
A filing disclosed CEO John Giamatteo’s planned sale of 99,000 shares worth about $865,000. A separate disclosure on Wednesday reported a 151,000-share sale. QNX’s royalty backlog reached a record $1.2 billion.
BlackBerry (BB) shares fell overnight as investors considered CEO John Giamatteo’s planned sale of 99000 shares, valued at about $865000, alongside strong demand for QNX. The filing came after a separate disclosure on Wednesday that 151000 shares had been sold, while QNX’s royalty backlog stood at a record 1.2 billion.