When will the DIRTT Environmental Solutions (DRTTF) Deferred Share Units settle?

All DSUs will settle after the director’s service and employment with DIRTT end. For U.S. directors, settlement will occur no later than forty days after the termination date, consistent with the plan’s specified timing and settlement mechanics.

Director at DIRTT (DRTTF) receives 35,606 deferred share units as compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ryan Scott C reported acquisition or exercise transactions in this Form 4 filing.

DIRTT Environmental Solutions Ltd director Ryan Scott C received a grant of 35,606 Deferred Share Units (DSUs) on Common Shares. These DSUs were awarded under the company’s Third Amended and Restated Long Term Incentive Plan at a reference price of $0.55 per unit.

Each DSU is the economic equivalent of one Common Share and will settle after the director’s service with the company ends, either in shares or a cash amount based on the share price. Following this grant, the director’s total reported DSU-based holdings increased to 1,019,597 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ryan Scott C

Role Director

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

Holdings After Transaction: Deferred Share Unit — 1,019,597 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 units Reference price per DSU: $0.55 per unit Total DSU holdings after grant: 1,019,597 units +2 more

5 metrics

Deferred Share Units granted 35,606 units Grant of DSUs on March 31, 2026

Reference price per DSU $0.55 per unit Transaction price per Deferred Share Unit

Total DSU holdings after grant 1,019,597 units Total reported DSU-based position following the transaction

TSX closing price used C$0.77 per share Price of Common Shares on March 30, 2026 used to calculate DSUs

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

Key Terms

Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, economic equivalent of one common share, Bank of Canada exchange rate

4 terms

Third Amended and Restated Long Term Incentive Plan financial

"Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"

Bank of Canada exchange rate financial

"The price was 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 - 12:50 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^*

Ryan Scott C

(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⁾	1,019,597	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 Scott Ryan	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 Ryan Scott C receive in this Form 4?

Director Ryan Scott C received a grant of 35,606 Deferred Share Units (DSUs). These DSUs are compensation under DIRTT’s long-term incentive plan and are tied to the value of the company’s Common Shares on a one-for-one economic basis.

At what price were the DIRTT Environmental Solutions (DRTTF) DSUs calculated?

The number of DSUs granted was calculated using a price of C$0.77 per Common Share. This Canadian dollar price reflected the Toronto Stock Exchange closing price and was converted using a Bank of Canada exchange rate of C$1.3926 per US$1.00.

How many DIRTT Environmental Solutions (DRTTF) units does Ryan Scott C hold after this grant?

After the 35,606-unit DSU grant, Ryan Scott C’s reported total holdings in these units increased to 1,019,597. This figure reflects all Deferred Share Units reported for the director following the transaction on March 31, 2026.

How are DIRTT Environmental Solutions (DRTTF) DSUs settled for U.S. directors?

For U.S. directors, each DSU settles in one Common Share or a cash amount equal to those shares. The cash amount is based on the closing Common Share price on the day before the 30th day following separation from service, as described in the plan terms.

What plan governs the DIRTT Environmental Solutions (DRTTF) DSU grant?

The DSU grant to director Ryan Scott C was made under DIRTT Environmental Solutions Ltd.’s Third Amended and Restated Long Term Incentive Plan. This plan sets the rules for DSU grants, settlement conditions, and how economic equivalence to Common Shares is maintained.