DIRTT Environmental Solutions (DRTTF) grants 36,171 DSUs to director
Rhea-AI Filing Summary
Groos Holyce Hess reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions director Holyce Hess Groos received a grant of 36,171 deferred share units (DSUs) on Common Shares at a reference price of $0.55 per unit. Following this compensation award, the director holds 196,395 DSUs. Each DSU is economically equivalent to one Common Share and will settle in shares or cash after service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 36,171 | $0.55 | $20K |
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
Bank of Canada exchange rate financial
FAQ
What insider transaction did DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) report?
What are DSUs in the DIRTT Environmental (DRTTF) Form 4 filing?
When will the DIRTT Environmental (DRTTF) DSUs granted to the director be settled?
How is the value of DIRTT Environmental (DRTTF) DSUs determined at settlement?
How was the DIRTT Environmental (DRTTF) DSU grant price calculated in the Form 4?