DIRTT CFO gains 1.1M shares on RSU vesting
DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) reported that its Chief Financial Officer, Fareeha Khan, had Restricted Share Units (RSUs) vest and convert into Common Shares on August 14, 2026.
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Rhea-AI Filing Summary
DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) reported that its Chief Financial Officer, Fareeha Khan, had Restricted Share Units (RSUs) vest and convert into Common Shares on August 14, 2026. This resulted in the acquisition of 1,100,000 Common Shares through derivative exercises linked to prior RSU grants. On the same date, 528,502 Common Shares were delivered or withheld to cover the payment of exercise price or tax liability. The RSUs stem from grants made on August 14, 2024, including awards of 1,000,000 and 100,000 RSUs that vested on August 14, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2 | 1,000,000 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F3 | 100,000 | $0.60 | $60K |
| Exercise | Common Shares F1 | 1,100,000 | -- | -- |
| Exercise Price or Tax Liability | Common Shares F1 | 528,502 | -- | -- |
Footnotes (3)
- F1. The price used to calculate the August 14 RSU vesting was C$0.83, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on August 14, 2026. The price was converted using the Bank of Canada exchange rate for August 14, 2026 of C$1.3875= US$1.00.
- F2. On August 14, 2024, the reporting person was granted 1,000,000 RSUs vesting on August 14, 2026. 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. The RSUs vested on August 14, 2026 and were coverted into Common Stock on a one-to-one basis at the Issuer's discretion.
- F3. On August 14, 2024, the reporting person was granted 100,000 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. The RSUs vested on August 14, 2026 and were coverted into Common Stock on a one-to-one basis at the Issuer's discretion.
Key Figures
Key Terms
fair market value financial
exercise price or tax liability financial
Bank of Canada exchange rate financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did DRTTF report for CFO Fareeha Khan on August 14, 2026?
What RSU grants to the DRTTF CFO underlie the August 14, 2026 transactions?
At what price were the DIRTT ENVIRONMENTAL (DRTTF) RSUs valued on the August 14, 2026 vesting?
Were the DRTTF insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.