DIRTT director granted 39,392 deferred share units
DIRTT Environmental Solutions Ltd director Douglas A. Edwards received a grant of 39,392 deferred share units (DSUs) as compensation.
Rhea-AI Filing Summary
DIRTT Environmental Solutions Ltd director Douglas A. Edwards received a grant of 39,392 deferred share units (DSUs) as compensation. These DSUs are the economic equivalent of one common share each and increase his directly held deferred share units to 975,569.
The DSUs were granted under DIRTT’s Third Amended and Restated Long Term Incentive Plan. They will be settled only after Edwards’ service with the company ends, in either common shares or cash based on the common share closing price at that time. The number of DSUs granted was calculated using a C$0.71 closing price for DIRTT common shares on the Toronto Stock Exchange on June 29, 2026, converted using a Bank of Canada exchange rate of C$1.4206 per US$1.00.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferrred Share Unit | 39,392 | $0.50 | $20K |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Third Amended and Restated Long Term Incentive Plan financial
Termination Date financial
US Directors financial
Toronto Stock Exchange financial
Bank of Canada exchange rate financial
FAQ
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What did DIRTT Environmental Solutions (DRTTF) director Douglas Edwards report on this Form 4?
How was the number of DSUs granted to the DIRTT (DRTTF) director calculated?
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