STOCK TITAN

[Form 4] DIRTT ENVIRONMENTAL SOLUTIONS LTD Insider Trading Activity

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

DIRTT Environmental Solutions Ltd. director Douglas A. Edwards was granted 45,276 deferred share units ("DSUs") on 09/30/2025. Each DSU is economically equivalent to one common share and will settle after the director's service ends; for U.S. directors settlement occurs no later than forty days after termination. The filing shows 867,575 common shares beneficially owned by Mr. Edwards following the grant. The DSU award was calculated using a Canadian closing price of C$0.80 on 09/26/2025, converted at the Bank of Canada rate of C$1.3941 = US$1.00, producing a stated U.S. unit price of $0.57. The form is a standard Section 16 disclosure of an equity-based director award.

DIRTT Environmental Solutions Ltd. il direttore Douglas A. Edwards ha ricevuto 45,276 unità azionarie differite ("DSU") in data 30/09/2025. Ogni DSU è economicamente equivalente a una azione comune e si regolarà al termine della funzione del direttore; per i direttori statunitensi la liquidazione avviene entro quaranta giorni dalla terminazione. La dichiarazione mostra 867.575 azioni ordinarie possedute in modo beneficiario dal Signor Edwards a seguito dell’assegnazione. L’assegnazione DSU è stata calcolata utilizzando un prezzo di chiusura canadese di C$0.80 il 26/09/2025, convertito al tasso della Bank of Canada di C$1.3941 = US$1.00, producendo un prezzo unitario statunitense dichiarato di $0.57. Il modulo è una divulgazione standard della Sezione 16 relativa a un premio azionario per direttore basato su equity.

DIRTT Environmental Solutions Ltd. el director Douglas A. Edwards recibió 45,276 unidades diferidas de acciones ("DSU") el 30/09/2025. Cada DSU equivale economicamente a una acción común y se liquidarán al terminar el servicio del director; para los directores de EE. UU., la liquidación ocurre a más tardar cuarenta días después de la terminación. La declaración muestra 867,575 acciones ordinarias de propiedad de beneficio del Sr. Edwards tras la concesión. La adjudicación de DSU se calculó usando un precio de cierre canadiense de C$0.80 el 26/09/2025, convertido al tipo de cambio del Bank of Canada de C$1.3941 = US$1.00, produciendo un precio unitario en dólares estadounidenses declarado de $0.57. El formulario es una divulgación estándar de la Sección 16 relativa a una adjudicación de director basada en acciones.

DIRTT Environmental Solutions Ltd. 이사 Douglas A. Edwards45,276의 지연 주식 단위("DSU")를 2025-09-30에 받았습니다. 각 DSU 는 일반 주식 한 주와 경제적으로 동등하며, 이사 직무가 종료된 후 결제됩니다. 미국 이사의 경우 종료일로부터 최대 40일 이내에 결제됩니다. 제출서는 보유 이익이 있는 867,575주의 보통주를 Edwards 씨가 수여 이후 소유하고 있음을 보여줍니다. DSU 수여는 2025-09-26의 캐나다 종가 C$0.80를 사용해 계산되었고, 캐나다은행의 환율 C$1.3941 = US$1.00로 환산되어 명시된 미국 단가 $0.57로 산출됩니다. 이 양식은 지분 기반 이사 수상에 대한 표준 제16조 공시입니다.

DIRTT Environmental Solutions Ltd. le administrateur Douglas A. Edwards a reçu 45 276 unités d’actions différées ("DSU") le 30/09/2025. Chaque DSU équivaut économiquement à une action ordinaire et sera réglé après la fin de le mandat du directeur; pour les administrateurs américains, le règlement intervient au plus tard quarante jours après la termination. Le dépôt indique 867 575 actions ordinaires détenues par M. Edwards à la suite de l’attribution. L’attribution des DSU a été calculée en utilisant un cours de clôture canadien de C$0,80 le 26/09/2025, converti au taux de la Banque du Canada de C$1,3941 = US$1,00, produisant un prix unitaire américain déclaré de $0,57. Le formulaire constitue une divulgation standard de la Section 16 relative à une attribution d’actions par un administrateur fondée sur des actions.

DIRTT Environmental Solutions Ltd. Direktor Douglas A. Edwards erhielt am 30.09.2025 45.276 deferred Share Units ("DSUs"). Jede DSU ist wirtschaftlich äquivalent zu einer Stammaktie und wird nach dem Ende der Dienstzeit des Direktors abgewickelt; bei US-Direktoren erfolgt die Abwicklung spätestens forty days nach Beendigung. Die Einreichung zeigt 867.575 Stammaktien, die Herr Edwards nach der Gewährung vorteilhaft besitzt. Die DSU-Zuweisung wurde unter Verwendung eines kanadischen Schlusskurses von C$0,80 am 26.09.2025 berechnet, umgerechnet zum Satz der Bank of Canada C$1,3941 = US$1,00, wodurch ein angegebener US-Wert von $0,57 entsteht. Das Formular ist eine Standard-Offenlegung der Section 16 über eine aktienbasierte Direktoren-Würdigung.

DIRTT Environmental Solutions Ltd. مدير Douglas A. Edwards تلقى 45,276 وحدة أسهم معتمِدة مؤجلة ("DSUs") في 30/09/2025. كل DSU تساوي اقتصادياً سهماً عادياً واحداً وسيتم settlingها بعد انتهاء خدمة المدير؛ بالنسبة لمديري الولايات المتحدة، يتم التسوية في موعد لا يتجاوز أربعين يوماً بعد الإنهاء. يعرض التسجيل 867,575 سهماً عادياً مملوكة بشكل مستفاد للسيد Edwards عقب المنحة. تم حساب جائزة DSU باستخدام سعر الإغلاق الكندي البالغ C$0.80 في 26/09/2025، محولاً عند سعر بنك كندا C$1.3941 = US$1.00، منتجاً سعر وحدة أمريكي معلن قدره $0.57. النموذج هو إفصاح قياسي وفق القسم 16 عن جائزة مدير قائمة على الأسهم.

DIRTT Environmental Solutions Ltd. 董事 Douglas A. Edwards2025/09/30 获得 45,276 股权递延单位("DSUs")。每个 DSU 在经济上等同于一股普通股,董事任期结束后结算;对于美国董事,结算在终止后不超过四十天。申报显示在授予后,Edwards 先生实际持有 867,575 股普通股。DSU 授予的计算基于 2025/09/26 的加拿大收盘价 C$0.80,按加拿大央行汇率 C$1.3941 = US$1.00 进行换算,得到宣称的美国单位价格 $0.57。该表格是关于以股权为基础的董事奖的标准第16条披露。

Positive
  • 45,276 DSUs granted aligns director compensation with shareholder value
  • 867,575 common shares beneficially owned following the grant, showing substantial insider stake
  • DSUs settle after termination with 40-day settlement window for U.S. directors, supporting retention
Negative
  • None.

Insights

Director received 45,276 DSUs, aligning pay with equity performance.

The grant of 45,276 DSUs ties the director's future payout to the company's share price because each DSU converts to one common share or cash based on market price at settlement.

The grant price used was C$0.80 (converted to $0.57), which is the valuation basis for the award and affects the number of units issued.

DSUs vest at termination and settle up to 40 days for U.S. directors.

The DSUs do not settle immediately; they convert only after the director's Termination Date, which preserves long-term alignment and retention incentives.

The filing reports 867,575 shares beneficially owned after the grant, a concrete disclosure of post-transaction ownership that investors can use to assess insider alignment.

DIRTT Environmental Solutions Ltd. il direttore Douglas A. Edwards ha ricevuto 45,276 unità azionarie differite ("DSU") in data 30/09/2025. Ogni DSU è economicamente equivalente a una azione comune e si regolarà al termine della funzione del direttore; per i direttori statunitensi la liquidazione avviene entro quaranta giorni dalla terminazione. La dichiarazione mostra 867.575 azioni ordinarie possedute in modo beneficiario dal Signor Edwards a seguito dell’assegnazione. L’assegnazione DSU è stata calcolata utilizzando un prezzo di chiusura canadese di C$0.80 il 26/09/2025, convertito al tasso della Bank of Canada di C$1.3941 = US$1.00, producendo un prezzo unitario statunitense dichiarato di $0.57. Il modulo è una divulgazione standard della Sezione 16 relativa a un premio azionario per direttore basato su equity.

DIRTT Environmental Solutions Ltd. el director Douglas A. Edwards recibió 45,276 unidades diferidas de acciones ("DSU") el 30/09/2025. Cada DSU equivale economicamente a una acción común y se liquidarán al terminar el servicio del director; para los directores de EE. UU., la liquidación ocurre a más tardar cuarenta días después de la terminación. La declaración muestra 867,575 acciones ordinarias de propiedad de beneficio del Sr. Edwards tras la concesión. La adjudicación de DSU se calculó usando un precio de cierre canadiense de C$0.80 el 26/09/2025, convertido al tipo de cambio del Bank of Canada de C$1.3941 = US$1.00, produciendo un precio unitario en dólares estadounidenses declarado de $0.57. El formulario es una divulgación estándar de la Sección 16 relativa a una adjudicación de director basada en acciones.

DIRTT Environmental Solutions Ltd. 이사 Douglas A. Edwards45,276의 지연 주식 단위("DSU")를 2025-09-30에 받았습니다. 각 DSU 는 일반 주식 한 주와 경제적으로 동등하며, 이사 직무가 종료된 후 결제됩니다. 미국 이사의 경우 종료일로부터 최대 40일 이내에 결제됩니다. 제출서는 보유 이익이 있는 867,575주의 보통주를 Edwards 씨가 수여 이후 소유하고 있음을 보여줍니다. DSU 수여는 2025-09-26의 캐나다 종가 C$0.80를 사용해 계산되었고, 캐나다은행의 환율 C$1.3941 = US$1.00로 환산되어 명시된 미국 단가 $0.57로 산출됩니다. 이 양식은 지분 기반 이사 수상에 대한 표준 제16조 공시입니다.

DIRTT Environmental Solutions Ltd. le administrateur Douglas A. Edwards a reçu 45 276 unités d’actions différées ("DSU") le 30/09/2025. Chaque DSU équivaut économiquement à une action ordinaire et sera réglé après la fin de le mandat du directeur; pour les administrateurs américains, le règlement intervient au plus tard quarante jours après la termination. Le dépôt indique 867 575 actions ordinaires détenues par M. Edwards à la suite de l’attribution. L’attribution des DSU a été calculée en utilisant un cours de clôture canadien de C$0,80 le 26/09/2025, converti au taux de la Banque du Canada de C$1,3941 = US$1,00, produisant un prix unitaire américain déclaré de $0,57. Le formulaire constitue une divulgation standard de la Section 16 relative à une attribution d’actions par un administrateur fondée sur des actions.

DIRTT Environmental Solutions Ltd. Direktor Douglas A. Edwards erhielt am 30.09.2025 45.276 deferred Share Units ("DSUs"). Jede DSU ist wirtschaftlich äquivalent zu einer Stammaktie und wird nach dem Ende der Dienstzeit des Direktors abgewickelt; bei US-Direktoren erfolgt die Abwicklung spätestens forty days nach Beendigung. Die Einreichung zeigt 867.575 Stammaktien, die Herr Edwards nach der Gewährung vorteilhaft besitzt. Die DSU-Zuweisung wurde unter Verwendung eines kanadischen Schlusskurses von C$0,80 am 26.09.2025 berechnet, umgerechnet zum Satz der Bank of Canada C$1,3941 = US$1,00, wodurch ein angegebener US-Wert von $0,57 entsteht. Das Formular ist eine Standard-Offenlegung der Section 16 über eine aktienbasierte Direktoren-Würdigung.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Edwards Douglas A

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

(Street)
CALGARY A0 T2C1N6

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DIRTT ENVIRONMENTAL SOLUTIONS LTD [ DRTTF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Share Unit (1) 09/30/2025 A 45,276 (1) (1) Common Shares 867,575 $0.57(2) 867,575 D
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$0.80, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 26, 2025. The price was converted using the Bank of Canada exchange rate for September 26, 2025 of C$1.3941 = US$1.00.
/s/ Fareeha Khan, as attorney-in-fact Douglas Edward 09/30/2025
** Signature of Reporting Person Date
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.

FAQ

What did DIRTT (DRTTF) director Douglas A. Edwards receive on 09/30/2025?

He was granted 45,276 deferred share units (DSUs) on 09/30/2025 under the company's long-term incentive plan.

How many shares does Douglas A. Edwards beneficially own after the grant?

The Form 4 reports 867,575 common shares beneficially owned following the reported transaction.

What price was used to calculate the DSU award for DRTTF?

The company used a closing price of C$0.80 on 09/26/2025, converted at C$1.3941 = US$1.00, giving a U.S. unit price of $0.57.

When do the DSUs settle into shares or cash?

All DSUs settle following the director's Termination Date; for U.S. directors settlement occurs no later than 40 days after termination.

Under which plan were the DSUs granted?

They were granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan.
Dirtt Environmental Solutions

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