Officer at DIRTT (DRTTF) awarded 31,650 deferred share units
Rhea-AI Filing Summary
Zarate Adrian Raul reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd granted Chief Transformation Officer Adrian Raul Zarate 31,650 Deferred Share Units (DSUs), each economically equivalent to one common share. The grant price reference was C$0.77 (approximately $0.55), based on the Toronto Stock Exchange closing price and a Bank of Canada exchange rate of C$1.3926 = US$1.00 on March 30, 2026. Following this award, Zarate holds 88,904 DSUs, which will settle in shares or cash after his service and employment with the company end.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 31,650 | $0.55 | $17K |
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$0.77, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 30, 2026. The price was converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00.
Key Figures
Key Terms
Third Amended and Restated Long Term Incentive Plan financial
Termination Date financial
US Directors financial
cash equivalent financial
FAQ
What insider transaction did DIRTT Environmental Solutions (DRTTF) report?