DIRTT Environmental (DRTTF) grants CEO 87,500 RSUs vesting over three years
Rhea-AI Filing Summary
Urban Benjamin Nicholas reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. reported that Chief Executive Officer Benjamin Nicholas Urban received a grant of 87,500 Restricted Share Units (RSUs) on August 4, 2026. These RSUs vest in three equal annual installments beginning on the first anniversary of the grant date and represent a conditional right to receive cash, Common Shares, or a combination equal in value to one Common Share per unit.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Urban Benjamin Nicholas
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1 | 87,500 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct)
Footnotes (1)
- F1. On August 4, 2026, the reporting person was granted 87,500 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.
Key Figures
RSUs granted: 87,500 units
RSU vesting schedule: Three equal annual installments
Settlement reference value: Fair market value of one Common Share per RSU
+1 more
4 metrics
RSUs granted
87,500 units
Grant to CEO on August 4, 2026
RSU vesting schedule
Three equal annual installments
Beginning on the first anniversary of the grant date
Settlement reference value
Fair market value of one Common Share per RSU
Each RSU payable in cash, shares, or a combination
Underlying Common Shares
87,500 shares
Underlying security for the 87,500 RSUs granted
Key Terms
Restricted Share Units, vesting, fair market value, conditional right
4 terms
vesting financial
"87,500 RSUs, vesting in three equal annual installments beginning on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
fair market value financial
"receive a cash payment equal to the fair market value of one Common Share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
conditional right financial
"Each RSU represents a conditional right to receive a cash payment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity grant did DIRTT ENVIRONMENTAL SOLUTIONS (DRTTF) report for its CEO?
DIRTT Environmental Solutions reported that CEO Benjamin Nicholas Urban received a grant of 87,500 Restricted Share Units (RSUs) on August 4, 2026. The RSUs are a compensation award with a multi-year vesting schedule.
How many RSUs were granted to the CEO of DIRTTF and what do they represent?
The CEO of DIRTTF was granted 87,500 RSUs. Each RSU represents a conditional right to receive either a cash payment equal to the fair market value of one Common Share, Common Shares, or a combination of cash and shares equal to that value.
What is the vesting schedule for the 87,500 RSUs granted by DIRTTF?
The 87,500 RSUs granted by DIRTTF vest in three equal annual installments, beginning on the first anniversary of the August 4, 2026 grant date. This structure spreads the CEO’s incentive over multiple years.
Can the RSUs granted by DIRTTF be settled in stock or only in cash?
The RSUs may be settled in cash, Common Shares, or a combination at DIRTT Environmental Solutions’ discretion. In each case, the value delivered equals the fair market value of one Common Share per RSU.
What transaction code is associated with the DIRTTF CEO’s RSU award and what does it mean?
The RSU award uses transaction code A, described as a grant, award, or other acquisition. This indicates the CEO received the RSUs as part of compensation rather than through an open-market purchase.