DIRTT director awarded 35,015 deferred share units
Jeremy Gold reported acquisition or exercise transactions in this Form 4 filing.
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.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 35,015 | $0.50 | $18K |
Footnotes (2)
- 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.
- F2. 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
Key Terms
Third Amended and Restated Long Term Incentive Plan financial
Termination Date financial
Bank of Canada exchange rate financial
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