DIRTT director Pannikode receives 32,051 deferred units

For directors subject to U.S. taxation, settlement is due no later than 40 days after the termination date.

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. director Shalima K. Pannikode received an award of 32,051 deferred share units (DSUs) on September 30, 2026, bringing her direct DSU holdings to 386,323. The award was made under the company’s Third Amended and Restated Long Term Incentive Plan, using a C$0.83 common-share closing price from September 29, 2026, to calculate the number of units. Each DSU is economically equivalent to one common share and settles after service or employment ends.

Insider Trade Summary

Grant/Award: 32,051 shares

Grant/Award 1 txn

Insider Pannikode Shalima K.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit F1, F2	32,051	$0.59	$19K

Holdings After Transaction: Deferred Share Unit — 386,323 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.

Key Figures

DSUs awarded: 32,051 DSUs Direct DSU holdings after award: 386,323 DSUs Grant calculation reference price: C$0.83 per common share +2 more

5 metrics

DSUs awarded 32,051 DSUs Awarded September 30, 2026

Direct DSU holdings after award 386,323 DSUs Following the September 30, 2026 award

Grant calculation reference price C$0.83 per common share Common-share closing price on September 29, 2026, used to calculate the number of DSUs granted

DSU share equivalence 1 common share per DSU Economic equivalent

Settlement deadline for directors subject to U.S. taxation No later than 40 days after the Termination Date Settlement timing stated for directors subject to U.S. taxation

Key Terms

Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, Termination Date, economic equivalent

4 terms

Deferred Share Unit financial

"Each deferred share unit ("DSU") was granted"

Third Amended and Restated Long Term Incentive Plan financial

"Third Amended and Restated Long Term Incentive Plan"

Termination Date financial

"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.

economic equivalent financial

"is the economic equivalent of one common share"

FAQ

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

How many DSUs did DRTTF director Shalima K. Pannikode receive?

She received 32,051 DSUs on September 30, 2026, and her direct DSU holdings after the award were 386,323.

How are DRTTF director deferred share units settled?

Each DSU is settled after cessation of service and employment in one common share or its cash equivalent. For directors subject to U.S. taxation, settlement is due no later than 40 days following the termination date; the cash-equivalent value is based on the common-share closing price on the day before the 30th day following separation from service.

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

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Available on EDGAR 10/01/2026 - 04:27 PM Accepted by SEC EDGAR 10/01/2026 - 04:27 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Pannikode Shalima K.

(Last) (First) (Middle)

7303 30 STREET SE

(Street)

CALGARY T2C1N6

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Share Unit	(1)	09/30/2026		A		32,051		(1)	(1)	Common Shares	32,051	$0.59(2)	386,323	D

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 Shalima Pannikode	10/01/2026
	** Signature of Reporting Person	Date
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)