[Form 4] DIRTT ENVIRONMENTAL SOLUTIONS LTD Insider Trading Activity
Rhea-AI Filing Summary
DIRTT Environmental Solutions Ltd. reported that one of its directors received an equity-based compensation grant in the form of deferred share units. On 12/31/2025, the director was granted 50,222 deferred share units (DSUs), each economically equivalent to one common share of DIRTT. Following this grant, the director beneficially owns 1,080,102 derivative securities on a direct basis.
The DSUs are issued under DIRTT’s Third Amended and Restated Long Term Incentive Plan and will settle after the director’s service with the company ends, either in common shares or cash based on the share price at that time. The number of DSUs granted was calculated using a share price of C$0.90 for the issuer’s common shares and a Bank of Canada exchange rate of C$1.3693 = US$1.00, corresponding to an effective US dollar price of $0.66 per DSU.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 50,222 | $0.66 | $33K |
Footnotes (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$0.90, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on December 30, 2025. The price was converted using the Bank of Canada exchange rate for December 30, 2025 of C$1.3693 = US$1.00.