RSU grant converts into 150K shares at DIRTT (DRTTF)
Filing Impact
Filing Sentiment
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 Trade Summary
150,000 shares exercised/converted
Mixed
2 txns
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)
- [object Object]
Key Figures
RSUs granted: 150,000 units
RSUs converted: 150,000 shares
Shares after transaction: 463,269 shares
+1 more
4 metrics
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
Key Terms
Restricted Share Units, cliff vested, fair market value, derivative exercise/conversion
4 terms
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"
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.