Director at DIRTT (OTC: DRTTF) receives 35,606 deferred share unit award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. director Douglas A. Edwards received a grant of 35,606 deferred share units (DSUs) on Common Shares at $0.55 per unit under the company’s Third Amended and Restated Long Term Incentive Plan.

Each DSU is the economic equivalent of one Common Share and will settle after the director’s termination of service, in either shares or cash. The number of DSUs was calculated using a price of C$0.77, the Toronto Stock Exchange closing price on March 30, 2026, converted using a Bank of Canada rate of C$1.3926 per US$1. Following this compensation award, Edwards holds 936,177 DSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Edwards Douglas A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	35,606	$0.55	$20K

Holdings After Transaction: Deferred Share Unit — 936,177 shares (Direct)

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$0.77, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 30, 2026. The price was converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00.

Key Figures

Deferred share units granted: 35,606 DSUs Grant price per unit (USD): $0.55 per DSU DSUs held after grant: 936,177 DSUs +2 more

5 metrics

Deferred share units granted 35,606 DSUs Grant to director Douglas A. Edwards on March 31, 2026

Grant price per unit (USD) $0.55 per DSU Transaction price per deferred share unit

DSUs held after grant 936,177 DSUs Total deferred share units following the reported transaction

Reference share price (CAD) C$0.77 per share DIRTT Common Share TSX closing price on March 30, 2026

FX rate used C$1.3926 = US$1.00 Bank of Canada exchange rate on March 30, 2026

Key Terms

Deferred Share Unit, Long Term Incentive Plan, economic equivalent, Bank of Canada exchange rate

4 terms

Long Term Incentive Plan financial

"was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

economic equivalent financial

"and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd."

Bank of Canada exchange rate financial

"converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 12:52 PM

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Edwards Douglas A

(Last)

(First)

(Middle)

7303 30 STREET SE

(Street)

CALGARY

ALBERTA, CANADA

T2C1N6

(City)

(State)

(Zip)

ALBERTA, CANADA

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Share Unit	⁽¹⁾	03/31/2026		A		35,606		⁽¹⁾	⁽¹⁾	Common Shares	35,606	$0.55⁽²⁾	936,177	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$0.77, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 30, 2026. The price was converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00.

	/s/ Fareeha Khan, as attorney-in-fact for Douglas Edward	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did DIRTT Environmental Solutions (DRTTF) director Douglas Edwards report on this Form 4?

Douglas A. Edwards reported receiving a grant of 35,606 deferred share units (DSUs) linked to DIRTT Environmental Solutions’ Common Shares. This is a compensation award under the company’s long-term incentive plan rather than an open-market stock purchase or sale.

How are the 35,606 DSUs for DIRTT Environmental Solutions (DRTTF) valued?

The DSUs were calculated using a reference price of C$0.77 per Common Share, equal to the Toronto Stock Exchange closing price on March 30, 2026, converted with a Bank of Canada exchange rate of C$1.3926 per US$1 to determine the grant basis.

When will the DSUs granted to the DIRTT (DRTTF) director be settled?

All DSUs settle after the director’s service and employment with DIRTT Environmental Solutions end. For U.S. directors, settlement must occur no later than forty days following the termination date, providing deferred compensation aligned with the company’s share performance until departure.

How will the DIRTT Environmental Solutions (DRTTF) DSUs be paid out to the director?

Each DSU will be settled in either one Common Share of DIRTT Environmental Solutions or the cash equivalent. The cash amount is based on the closing Common Share price on the day before the 30th day following separation from service for U.S. directors.

What is the director’s total DSU position at DIRTT Environmental Solutions (DRTTF) after this grant?

After receiving 35,606 new DSUs, director Douglas A. Edwards holds a total of 936,177 deferred share units. This figure reflects his direct derivative holdings reported in the filing, all tied economically to DIRTT Environmental Solutions’ Common Shares under the long-term incentive plan.