DIRTT Environmental (DRTTF) officer awarded 35,015 deferred share units as equity pay

Rhea-AI Filing Summary

Zarate Adrian Raul reported acquisition or exercise transactions in this Form 4 filing.

DIRTT Environmental Solutions Ltd. director and Chief Transformation Officer Adrian Raul Zarate received a grant of deferred share units as part of his long-term compensation. He was awarded 35,015 Deferred Share Units (DSUs), each economically equivalent to one common share, at a reference price of $0.50 per unit. Following this grant, his reported derivative holdings tied to common shares increased to 123,919 DSUs. The DSUs were issued under the company’s Third Amended and Restated Long Term Incentive Plan and will settle in common shares or cash after his service and employment with the company end.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zarate Adrian Raul

Role Chief Transformation Officer

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	35,015	$0.50	$18K

Holdings After Transaction: Deferred Share Unit — 123,919 shares (Direct)

Footnotes (1)

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$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.

Key Figures

Deferred Share Units granted: 35,015 units DSUs after transaction: 123,919 units Reference US dollar price per DSU: $0.50 per unit +2 more

5 metrics

Deferred Share Units granted 35,015 units Grant of DSUs to Adrian Raul Zarate on June 30, 2026

DSUs after transaction 123,919 units Total deferred share units held following the grant

Reference US dollar price per DSU $0.50 per unit Transaction price per unit reported for the DSU grant

Canadian share price used C$0.71 per share Closing price on Toronto Stock Exchange on June 29, 2026

FX rate used for grant C$1.4206 = US$1.00 Bank of Canada exchange rate on June 29, 2026

Key Terms

Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, economic equivalent of one common share, Bank of Canada exchange rate, +1 more

5 terms

Deferred Share Unit financial

"Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"

Third Amended and Restated Long Term Incentive Plan financial

"Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"

economic equivalent of one common share financial

"Each deferred share unit ("DSU") ... is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd."

Bank of Canada exchange rate financial

"The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00."

Toronto Stock Exchange financial

"The price used to calculate the number of DSUs granted was C$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange"

The Toronto Stock Exchange is Canada’s largest organized marketplace where shares of publicly traded companies are bought and sold, similar to a large, regulated marketplace for company ownership. It matters to investors because it provides transparent prices, rules that help protect buyers and sellers, and access to many Canadian and international businesses, so movements there can signal economic trends and affect portfolio values.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 02:07 PM Accepted by SEC EDGAR 07/02/2026 - 02:06 PM Learn about SEC filing dates

FAQ

What insider transaction did DRTTF executive Adrian Raul Zarate report on this Form 4?

Adrian Raul Zarate reported receiving a grant of 35,015 Deferred Share Units. These units are a form of equity-based compensation, each economically equivalent to one DIRTT Environmental Solutions common share under the company’s long-term incentive plan.

What are Deferred Share Units (DSUs) in DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)?

Deferred Share Units are equity awards economically equal to one common share each. For DIRTT, DSUs are granted under its long term incentive plan and settle in common shares or cash after the holder’s service and employment end.

How many DIRTT Environmental DSUs does Adrian Raul Zarate hold after this transaction?

After the reported grant, Adrian Raul Zarate’s Form 4 shows 123,919 Deferred Share Units in total. These DSUs are tied to DIRTT Environmental Solutions common shares and represent his accumulated equity-based compensation position.

Was the DRTTF Form 4 transaction an open-market buy or sell of shares?

No, the Form 4 reflects a grant of Deferred Share Units, not an open-market purchase or sale. It is classified as a compensation-related grant or award, rather than a discretionary market trade in DIRTT Environmental Solutions common shares.

How was the number of DSUs granted to the DRTTF executive determined?

The number of DSUs was calculated using a price of C$0.71 per common share, the Toronto Stock Exchange closing price on June 29, 2026, converted using a C$1.4206 = US$1.00 Bank of Canada exchange rate.

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^*

Zarate Adrian Raul

(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
X	Officer (give title below)		Other (specify below)
	Chief Transformation Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)	06/30/2026		A		35,015		(1)	(1)	Common Shares	35,015	$0.5(2)	123,919	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$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.

	/s/ Fareeha Khan, as attorney-in-fact Adrian Zarate	07/02/2026
	** 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)