How many DIRTT (DRTTF) deferred share units does the director hold after this grant?

After the grant, the director holds 354,272 deferred share units (DSUs) . This total includes the newly awarded 37,516 DSUs and represents her accumulated deferred units that are designed to mirror the value of DIRTT’s common shares over time.

What is a deferred share unit (DSU) in the DIRTT (DRTTF) filing?

A deferred share unit, or DSU , is a right to receive value equal to one common share of DIRTT. Under the company’s long term incentive plan, DSUs are granted as compensation and settle after service ends, in either common shares or cash based on share price.

How was the grant price for the DIRTT (DRTTF) deferred share units determined?

The DSU grant used a reference price of C$0.71 per common share , equal to DIRTT’s Toronto Stock Exchange closing price on June 29, 2026 . This Canadian dollar price was converted using a C$1.4206 = US$1.00 Bank of Canada exchange rate.

DIRTT Environmental (DRTTF) director receives 37,516 deferred share units under incentive plan

Q: What did Pannikode Shalima K. report in this DIRTT (DRTTF) Form 4?

The Form 4 reports a grant of 37,516 deferred share units (DSUs) to director Pannikode Shalima K. These units are part of long-term compensation and are economically equivalent to common shares, increasing her total DSU holdings to 354,272 .

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

The DSUs will be settled after the director’s service and employment end . For U.S. tax-resident directors, settlement occurs no later than forty days following the termination date, using the common share closing price specified in the plan’s settlement formula.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. director Pannikode Shalima K. received a grant of deferred share units as part of long-term compensation. The award covers 37,516 deferred share units (DSUs), each economically equivalent to one common share. Following this grant, the director holds 354,272 DSUs in total.

The DSUs were valued using a reference price of C$0.71 per common share, converted at a Bank of Canada exchange rate of C$1.4206 = US$1.00. All DSUs settle after the director’s service with the company ends and may be paid in common shares or cash based on the common share closing price at that time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Pannikode Shalima K.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Defferred Share Unit	37,516	$0.50	$19K

Holdings After Transaction: Defferred Share Unit — 354,272 shares (Direct, null)

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$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.

Key Figures

Deferred share units granted: 37,516 units DSUs after transaction: 354,272 units Grant reference price: C$0.71 per share +2 more

5 metrics

Deferred share units granted 37,516 units Grant of DSUs to director on June 30, 2026

DSUs after transaction 354,272 units Total deferred share units held following grant

Grant reference price C$0.71 per share Closing price on Toronto Stock Exchange on June 29, 2026

FX rate used C$1.4206 = US$1.00 Bank of Canada exchange rate on June 29, 2026

Form 4 transaction price $0.50 per unit Transaction price per deferred share unit in the Form 4

Key Terms

Deferred share unit, Long Term Incentive Plan, economic equivalent of one common share, 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.

Bank of Canada exchange rate financial

"The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 02:14 PM Accepted by SEC EDGAR 07/02/2026 - 02:13 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^*

Pannikode Shalima K.

(Last)

(First)

(Middle)

7303 30 STREET SE

(Street)

CALGARY

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)
06/30/2026

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)
Defferred Share Unit	⁽¹⁾	06/30/2026		A		37,516		⁽¹⁾	⁽¹⁾	Common Shares	37,516	$0.5⁽²⁾	354,272	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$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.

	/s/ Fareeha Khan, as attorney-in-fact Shalima Pannikode	07/02/2026
	** 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 Pannikode Shalima K. report in this DIRTT (DRTTF) Form 4?

The Form 4 reports a grant of 37,516 deferred share units (DSUs) to director Pannikode Shalima K. These units are part of long-term compensation and are economically equivalent to common shares, increasing her total DSU holdings to 354,272.

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

The DSUs will be settled after the director’s service and employment end. For U.S. tax-resident directors, settlement occurs no later than forty days following the termination date, using the common share closing price specified in the plan’s settlement formula.