Director at DIRTT Environmental (OTC: DRTTF) granted 76,282 DSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinson Scott L reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director Scott L. Robinson received a grant of 76,282 Deferred Share Units (DSUs), each economically equivalent to one common share. The grant price used to calculate the number of DSUs was C$0.71 per common share.
After this award, Robinson holds 1,225,337 DSUs. These DSUs will be settled in common shares or cash only after his service with the company ends, with U.S. directors generally settled within forty days following their termination date, based on the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Scott L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 76,282 | $0.50 | $38K |
Holdings After Transaction:
Deferred Share Unit — 1,225,337 shares (Direct, null)
Footnotes (1)
- Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors. The price used to calculate the number of DSUs granted was C$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.
Key Figures
DSUs granted: 76,282 units
Grant price reference: C$0.71 per common share
FX rate used: C$1.4206 = US$1.00
+1 more
4 metrics
DSUs granted
76,282 units
Director award on June 30, 2026
Grant price reference
C$0.71 per common share
TSX closing price on June 29, 2026 used to calculate DSUs
FX rate used
C$1.4206 = US$1.00
Bank of Canada exchange rate on June 29, 2026
Total DSUs after grant
1,225,337 units
Director’s DSU holdings following June 30, 2026 transaction
Key Terms
Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, economic equivalent of one common share, Termination Date, +1 more
5 terms
Third Amended and Restated Long Term Incentive Plan financial
"DSU was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"
Termination Date financial
"All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date")."
Termination date is the specific calendar day when a contract, agreement, option or other legal arrangement stops being in effect and any remaining rights or obligations expire. For investors it matters because that date sets deadlines for exercising rights, receiving payments, closing positions or avoiding penalties—similar to the day a lease or warranty ends, after which parties no longer have the same protections or claims.
Bank of Canada exchange rate financial
"The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00."
FAQ
What insider transaction did DIRTT Environmental Solutions (DRTTF) report for Scott L. Robinson?
DIRTT Environmental Solutions reported that director Scott L. Robinson received a grant of 76,282 Deferred Share Units. Each DSU is economically equivalent to one common share and was issued as part of the company’s long-term incentive plan, increasing his total DSU holdings to 1,225,337.
At what price were the DIRTT Environmental Solutions (DRTTF) DSUs for Scott L. Robinson calculated?
The number of DSUs granted to Scott L. Robinson was calculated using a price of C$0.71 per common share. This was the Toronto Stock Exchange closing price on June 29, 2026, converted using a Bank of Canada exchange rate of C$1.4206 to US$1.00.
When will Scott L. Robinson’s DSUs from DIRTT Environmental Solutions (DRTTF) be settled?
All DSUs will settle after Scott L. Robinson’s service and employment with DIRTT end. For U.S. directors, settlement occurs no later than forty days following the termination date, in either common shares or their cash equivalent calculated under the plan’s pricing provisions.
How many DIRTT Environmental Solutions (DRTTF) DSUs does Scott L. Robinson hold after this grant?
Following the June 30, 2026 grant, Scott L. Robinson holds a total of 1,225,337 Deferred Share Units. These units each track the value of one common share and will convert into shares or cash after his service with DIRTT Environmental Solutions concludes, per plan terms.