Director at DIRTT Environmental (DRTTF) granted 40,017 deferred share units under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Groos Holyce Hess
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 40,017 | $0.50 | $20K |
Holdings After Transaction:
Deferred Share Unit — 236,412 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: 40,017 units
Total DSUs after transaction: 236,412 units
Reference grant price: $0.50 per unit
+2 more
5 metrics
Deferred share units granted
40,017 units
Grant of deferred share units on transaction date in June 2026
Total DSUs after transaction
236,412 units
Director’s deferred share unit holdings following the grant
Reference grant price
$0.50 per unit
Transaction price per deferred share unit in the Form 4 table
TSX closing price
C$0.71 per share
DIRTT common share closing price on June 29, 2026 used to calculate DSUs
FX rate
C$1.4206 = US$1.00
Bank of Canada exchange rate on June 29, 2026 used for conversion
Key Terms
Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, Termination Date, US Directors, +1 more
5 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"
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."
FAQ
What did DIRTT Environmental Solutions (DRTTF) disclose in this Form 4?
DIRTT Environmental Solutions disclosed that director Holyce Hess Groos received 40,017 deferred share units, each equivalent to one common share. The grant was made under the company’s long-term incentive plan and increases the director’s total deferred share unit holdings to 236,412.