How many deferred share units does Douglas Edwards hold after this DIRTT (DRTTF) transaction?

After the grant, Douglas A. Edwards holds 975,569 deferred share units directly. Each DSU is economically equivalent to one DIRTT common share, providing equity-linked exposure that will be settled in shares or cash after his service with the company concludes.

What are deferred share units (DSUs) in DIRTT Environmental Solutions’ (DRTTF) plan?

DIRTT’s deferred share units are awards economically equivalent to one common share each. They are granted under the company’s long term incentive plan and only settle after a director’s service ends, in either common shares or a cash amount based on the share price then.

When will the DIRTT (DRTTF) director’s deferred share units be settled?

All deferred share units settle after the director’s service and employment with DIRTT end. For U.S.-taxed directors, settlement must occur no later than forty days following the termination date, in either one common share per DSU or an equivalent cash amount.

DIRTT Environmental (DRTTF) director awarded 39,392 deferred share units as equity pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Edwards Douglas A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferrred Share Unit	39,392	$0.50	$20K

Holdings After Transaction: Deferrred Share Unit — 975,569 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: 39,392 units Deferred share units after grant: 975,569 units Share price used for DSU calculation: C$0.71 per share +2 more

5 metrics

Deferred share units granted 39,392 units Grant to director on 2026-06-30

Deferred share units after grant 975,569 units Total DSUs directly held following transaction

Share price used for DSU calculation C$0.71 per share Closing price on TSX on June 29, 2026

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

Underlying common shares per DSU 1 common share per DSU Each DSU economically equals one common share

Key Terms

Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, Termination Date, US Directors, +2 more

6 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"

Termination Date financial

"All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date")."

Termination date is the specific calendar day when a contract, agreement, option or other legal arrangement stops being in effect and any remaining rights or obligations expire. For investors it matters because that date sets deadlines for exercising rights, receiving payments, closing positions or avoiding penalties—similar to the day a lease or warranty ends, after which parties no longer have the same protections or claims.

US Directors financial

"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."

Toronto Stock Exchange financial

"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"

The Toronto Stock Exchange is Canada’s largest organized marketplace where shares of publicly traded companies are bought and sold, similar to a large, regulated marketplace for company ownership. It matters to investors because it provides transparent prices, rules that help protect buyers and sellers, and access to many Canadian and international businesses, so movements there can signal economic trends and affect portfolio values.

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 - 02:17 PM Accepted by SEC EDGAR 07/02/2026 - 02:17 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

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)
Deferrred Share Unit	⁽¹⁾	06/30/2026		A		39,392		⁽¹⁾	⁽¹⁾	Common Shares	39,392	$0.5⁽²⁾	975,569	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 Douglas Edwards	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 DIRTT Environmental Solutions (DRTTF) director Douglas Edwards report on this Form 4?

Director Douglas A. Edwards reported receiving 39,392 deferred share units as a compensation grant. These derivative awards are tied to DIRTT’s common shares and settle only after his service ends, reflecting long-term, equity-linked director compensation rather than an open-market purchase.

How was the number of DSUs granted to the DIRTT (DRTTF) director calculated?

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