STOCK TITAN

RSU grant converts into 150K shares at DIRTT (DRTTF)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DIRTT Environmental Solutions director Scott L. Robinson increased his direct ownership through equity compensation. On May 11, 2026 he was granted 150,000 restricted share units (RSUs) that cliff vested on July 2, 2026. Upon vesting, the 150,000 RSUs were converted into 150,000 Common Shares on a one-to-one basis at the issuer’s discretion. After this derivative exercise, Robinson directly holds 463,269 Common Shares. These transactions reflect RSU vesting and conversion, with no open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Robinson Scott L
Role null
Type Security Shares Price Value
Exercise Restricted Share Units 150,000 $0.00 --
Exercise Common Shares 150,000 $0.00 --
Holdings After Transaction: Restricted Share Units — 0 shares (Direct, null); Common Shares — 463,269 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 150,000 units Granted May 11, 2026
RSUs converted 150,000 shares Converted into Common Shares on July 2, 2026
Shares after transaction 463,269 shares Direct Common Share holdings following RSU conversion
Exercise price $0.00 per share RSU conversion price shown in Form 4
Restricted Share Units financial
"the reporting person was granted 150,000 restricted share units ("RSUs") which cliff vested"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
cliff vested financial
"150,000 restricted share units ("RSUs") which cliff vested on July 2, 2026"
fair market value financial
"a cash payment equal to the fair market value of one Common Share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion"
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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*
Robinson Scott L

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
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
Common Shares07/02/2026M150,000A(1)463,269D
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
Restricted Share Units(1)07/02/2026M150,000 (1) (1)Common Shares150,000$00D
Explanation of Responses:
1. On May 11, 2026, the reporting person was granted 150,000 restricted share units ("RSUs") which cliff vested on July 2, 2026. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. The 150,000 RSUs vested on July 2, 2026 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
/s/ Fareeha Khan, as attorney-in-fact Scott Robinson07/06/2026
** 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)

FAQ

What insider transaction did DIRTT (DRTTF) director Scott L. Robinson report?

Scott L. Robinson reported the vesting and conversion of 150,000 restricted share units into 150,000 DIRTT common shares. This was an equity compensation event, not an open-market purchase or sale, and increased his direct share ownership.

How many DIRTT (DRTTF) shares does Scott L. Robinson hold after this Form 4?

Following the RSU vesting and conversion, Scott L. Robinson directly holds 463,269 DIRTT Common Shares. This total reflects the addition of 150,000 shares received upon the one-to-one conversion of vested restricted share units on July 2, 2026.

Were DIRTT (DRTTF) shares bought or sold on the market in this Form 4?

No open-market buying or selling occurred in this Form 4. The filing shows an exercise or conversion of 150,000 restricted share units into an equal number of DIRTT Common Shares as part of Robinson’s equity compensation package.

What are the terms of Scott L. Robinson’s 150,000 DIRTT restricted share units?

Robinson received 150,000 restricted share units on May 11, 2026 that cliff vested on July 2, 2026. Each RSU represented a right to receive cash equal to one Common Share’s fair market value or a number of Common Shares, at the issuer’s discretion.

How were the DIRTT (DRTTF) restricted share units settled for Scott L. Robinson?

Upon vesting on July 2, 2026, the 150,000 restricted share units were settled in stock. The issuer elected to convert them into 150,000 DIRTT Common Shares on a one-to-one basis, rather than paying cash or using a cash-stock combination.