CEO John Giamatteo sold BlackBerry stock: here's why you shouldn't BlackBerry BB is pushing aggressively to the upside on April 9th after the cybersecurity and IoT firm posted a strong Q4 and issued impressive guidance for its fiscal 2027. The post-earnings rally helped BB break above its 100-day moving average (MA) – a significant technical development that often signals shifting momentum in favor of the bulls. The quarterly print brings much-needed reprieve to BlackBerry stock that has otherwise been struggling to find a bottom in 2026. Following the rally, it looks headed to print a new year-to-date high. Why CEO sale isn’t bearish for Blackberry stock Despite a strong release, CEO John Giamatteo’s recent sale of 27,066 BB shares for about $96,354 remains somewhat of a psychological overhang on the NYSE-listed firm. To the uninitiated, an insider sale during a turnaround can look like a lack of confidence. But here’s the context: this transaction was mostly to cover withholding taxes related to the vesting of 66,372 Restricted Share Units (RSUs). This is a common practice where executives sell a portion of their newly vested shares to pay the IRS. Moreover, the sale represented less than 3% of Giamatteo’s total holdings; with him still owning nearly 90,000 shares, his “skin in the game” remains substantial – and so does his “confidence” in what the future holds for BlackBerry. Why else are BB shares worth owning in 2026 In Q4, the company’s QNX division generated a record [MONEY value="78700000" currency="usd" notation="long" replace="false"] in revenue – up some 20% year-over-year – while the royalty backlog swelled to a staggering [MONEY value="950000000" currency="usd" notation="long" replace="false"]. This proves Blackberry has now evolved from a meme stock surviving on retail hype into a high-margin software powerhouse. By achieving the “Rule of 40” – a gold standard