STOCK TITAN

DIRTT Environmental (DRTTF) director receives 35,015 deferred share units under incentive plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jeremy Gold reported acquisition or exercise transactions in this Form 4 filing.

DIRTT Environmental Solutions Ltd. director Jeremy Gold reported an automatic award of deferred share units, a form of stock-based compensation. He received 35,015 deferred share units, each economically equivalent to one common share, at a reference price of about $0.50 per unit.

Following this grant, Gold holds 51,373 deferred share units. These units were granted under the company’s Third Amended and Restated Long Term Incentive Plan and will settle in common shares or cash only after his service with the company ends, with specific settlement timing rules for U.S. directors.

Positive

  • None.

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Insider Jeremy Gold
Role null
Type Security Shares Price Value
Grant/Award Deferred Share Unit 35,015 $0.50 $18K
Holdings After Transaction: Deferred Share Unit — 51,373 shares (Direct, null)
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.
Deferred share units granted 35,015 units Grant to director Jeremy Gold on June 30, 2026
Total DSUs after grant 51,373 units Director Jeremy Gold holdings following transaction
Transaction price per unit $0.50 per unit Reference price for deferred share unit grant
TSX closing share price C$0.71 DIRTT common share price on June 29, 2026 used to size grant
FX rate used C$1.4206 = US$1.00 Bank of Canada exchange rate on June 29, 2026
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 financial
"Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"
Termination Date financial
"All DSUs settle following the cessation of service and employment with the Issuer (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.
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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Jeremy Gold

(Last)(First)(Middle)
7303 30 STREET SE

(Street)
CALGARYT2C1N6

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Unit(1)06/30/2026A35,015 (1) (1)Common Shares35,015$0.5(2)51,373D
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 Jeremy Gold07/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did DIRTT Environmental Solutions (DRTTF) report for Jeremy Gold?

DIRTT reported that director Jeremy Gold received 35,015 deferred share units as a stock-based award. These units are economically equivalent to common shares and were granted under the company’s long-term incentive plan, increasing his total deferred share unit holdings to 51,373.

What are the key details of Jeremy Gold’s deferred share unit grant at DIRTT (DRTTF)?

Jeremy Gold was granted 35,015 deferred share units at a reference price near $0.50 per unit. The number of units was based on a C$0.71 share price on the Toronto Stock Exchange, converted using a C$1.4206 to US$1.00 exchange rate.

How do DIRTT (DRTTF) deferred share units for directors like Jeremy Gold settle?

Each deferred share unit is the economic equivalent of one common share and settles after service ends. Units are delivered as common shares or cash, with U.S. directors’ awards settling no later than 40 days after their termination date, based on defined pricing rules.

How many deferred share units does DIRTT director Jeremy Gold hold after this Form 4?

After the reported award, Jeremy Gold holds 51,373 deferred share units. These awards represent deferred compensation that tracks DIRTT’s common share value and will be settled in shares or cash only after his cessation of service with the company.

How was the number of DIRTT (DRTTF) deferred share units granted to Jeremy Gold calculated?

The company used a C$0.71 closing price of DIRTT’s common shares on June 29, 2026 to determine units. That Canadian price was converted using a Bank of Canada exchange rate of C$1.4206 per US$1.00, resulting in a roughly $0.50 per-unit reference value.