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Bullboard - Stock Discussion Forum BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Chen sold 30mil$ shard in meme run
View:
Post by theRussian on Feb 05, 2022 10:26am

Chen sold 30mil$ shard in meme run

According to globe and mail. How true is this? 


John Chen, CEO of BlackBerry Ltd., sold $30.7-million in stock, a small portion of the hundreds of millions in share awards the company has given him over his tenure. Prices for the company’s shares spiked in early 2021 thanks to retail investor enthusiasm during a “meme stocks” craze. (The company did not respond to requests for comment.)

Comment by MMM500 on Feb 05, 2022 12:09pm
BB total outstanding shares is around 574M, and how come John chen can have hundreds millions shares awarded as it stated? JC still has more than 8 millions shares as of Nov. 3 2021. And recent trading of JC did is on Nov. 3 2021 exercised on market around 11 usd. Years back, when PW started his insurance company, the temple of PW regular visited received letter that accused him as a scammer and ...more  
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