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DIRTT grants director Scott C. Ryan 33,654 stock units

For directors subject to U.S. taxation, DSUs settle no later than 40 days following the Termination Date and may be settled in shares or cash.

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Form Type
4

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. director Scott C. Ryan was granted 33,654 deferred share units on September 30, 2026, under the Third Amended and Restated Long Term Incentive Plan. Each unit is economically equivalent to one common share, and Ryan's reported post-grant position was 1,092,643 deferred share units. The grant quantity was calculated using a C$0.83 closing price on September 29, 2026. DSUs settle following cessation of service and employment in one common share or its cash equivalent.

Insider Ryan Scott C
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit F1, F2 33,654 $0.59 $20K
Holdings After Transaction: Deferred Share Unit — 1,092,643 contracts (Direct)
Footnotes (2)
  1. 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.
  2. F2. The price used to calculate the number of DSUs granted was C$0.83, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 29, 2026. The price was converted using the Bank of Canada exchange rate for September 29, 2026 of C$1.4188 = US$1.00.
Deferred share units granted 33,654 deferred share units September 30, 2026
Post-grant deferred share unit position 1,092,643 deferred share units Reported following the grant
Closing price used to calculate grant C$0.83 Common Share closing price on September 29, 2026
Currency exchange rate C$1.4188 = US$1.00 Bank of Canada rate for September 29, 2026
deferred share unit (DSU) financial
"Each deferred share unit ("DSU") was granted pursuant to"
Third Amended and Restated Long Term Incentive Plan financial
"pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"
Termination Date financial
"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DSUs did DRTTF director Scott C. Ryan receive?

Ryan was granted 33,654 deferred share units on September 30, 2026. Each unit is economically equivalent to one common share, and his reported post-grant position was 1,092,643 deferred share units.

What price was used to calculate Scott C. Ryan's DRTTF DSU grant?

The grant quantity was calculated using a C$0.83 closing price for the issuer's Common Shares on September 29, 2026, as reported on the Toronto Stock Exchange. The price was converted using the Bank of Canada rate for that date of C$1.4188 = US$1.00.

How and when do DRTTF deferred share units settle?

DSUs settle following cessation of service and employment in one Common Share or its cash equivalent. For directors subject to U.S. taxation, settlement is no later than 40 days following the Termination Date. For those directors, the cash equivalent is calculated using the closing price of the Common Shares on the day prior to the 30th day following separation from service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
CALGARYT2C1N6

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Unit(1)09/30/2026A33,654 (1) (1)Common Shares33,654$0.59(2)1,092,643D
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$0.83, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 29, 2026. The price was converted using the Bank of Canada exchange rate for September 29, 2026 of C$1.4188 = US$1.00.
/s/ Fareeha Khan, as attorney-in-fact Scott Ryan10/01/2026
** Signature of Reporting PersonDate
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)

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