DIRTT director granted 40,017 deferred share units
Groos Holyce Hess reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Groos Holyce Hess reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director Holyce Hess Groos received a grant of 40,017 deferred share units on a grant date in late June 2026. Each deferred share unit is economically equivalent to one common share and will be settled after the director’s service with the company ends.
The filing shows a reference price of $0.50 per unit for the grant, with 236,412 deferred share units held by the director after this award. Footnotes explain that the units were calculated using a Canadian dollar share price of C$0.71 and 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 | Deferred Share Unit | 40,017 | $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
Bank of Canada exchange rate financial
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What did DIRTT Environmental Solutions (DRTTF) disclose in this Form 4?
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