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DIRTT grants officer Zarate 29,914 stock units

For directors subject to U.S. taxation, DSUs settle no later than 40 days following the termination date.

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Form Type
4

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. reported a grant of 29,914 deferred share units (DSUs) to Chief Transformation Officer Adrian Raul Zarate on September 30, 2026; his directly held position following the award was 153,833 DSUs. Each DSU is the economic equivalent of one common share. The grant calculation used a C$0.83 common-share closing price from September 29, 2026; DSUs settle after service ends in one common share or cash equivalent.

Insider Zarate Adrian Raul
Role Chief Transformation Officer
Type Security Shares Price Value
Grant/Award Deferred Share Unit F1, F2 29,914 $0.59 $18K
Holdings After Transaction: Deferred Share Unit — 153,833 contracts (Direct)
Footnotes (2)
  1. F1. 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.
  2. F2. The price used to calculate the number of DSUs granted was C$0.83, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 29, 2026. The price was converted using the Bank of Canada exchange rate for September 29, 2026 of C$1.4188 = US$1.00.
DSUs granted 29,914 DSUs September 30, 2026
Direct DSU position after grant 153,833 DSUs Following the September 30, 2026 grant
Common-share closing price used in DSU calculation C$0.83 September 29, 2026
Bank of Canada exchange rate C$1.4188 = US$1.00 September 29, 2026
Settlement deadline for directors subject to U.S. taxation 40 days Following the termination date
Deferred Share Unit financial
"Each deferred share unit ("DSU") was granted"
Long Term Incentive Plan financial
"pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
Termination Date financial
"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DSUs did DRTTF's chief transformation officer receive?

Adrian Raul Zarate received 29,914 DSUs on September 30, 2026, and held 153,833 DSUs directly after the grant. The grant calculation used the C$0.83 common-share closing price reported for September 29, 2026.

How does DRTTF's DSU award settle?

The DSUs settle following cessation of service and employment in one common share or the cash equivalent of those shares. For directors subject to U.S. taxation, settlement will occur no later than 40 days following the termination date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zarate Adrian Raul

(Last)(First)(Middle)
7303 30 STREET SE

(Street)
CALGARYT2C1N6

(City)(State)(Zip)

ALBERTA, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
DIRTT ENVIRONMENTAL SOLUTIONS LTD [ DRTTF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Transformation Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Unit(1)09/30/2026A29,914 (1) (1)Common Shares29,914$0.59(2)153,833D
Explanation of Responses:
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.
2. The price used to calculate the number of DSUs granted was C$0.83, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 29, 2026. The price was converted using the Bank of Canada exchange rate for September 29, 2026 of C$1.4188 = US$1.00.
/s/ Fareeha Khan, as attorney-in-fact Adrian Zarate10/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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