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DIRTT Environmental Solutions (DRTTF) insider granted 200,000 RSUs and reports share moves

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DIRTT Environmental Solutions Ltd. reported an equity award to its Chief Transformation Officer and director on a Form 4. On November 26, 2025, the insider was granted 200,000 restricted share units (RSUs), which vested immediately. Each RSU provides a right to receive either cash, common shares, or a mix of both equal in value to one common share, at the company’s discretion.

The Form 4 shows acquisition of 200,000 common shares related to the RSU grant at a reference price of $0.72 per share and a disposition of 59,300 common shares at the same price, leaving 140,700 common shares beneficially owned directly after the transactions. The price used for the RSU vesting was based on a C$1.01 Toronto Stock Exchange closing price on November 25, 2025 and a Bank of Canada exchange rate of C$1.4104 = US$1.00.

Positive

  • None.

Negative

  • None.
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*
Zarate Adrian Raul

(Last) (First) (Middle)
7303 30 STREET SE

(Street)
CALGARY A0 T2C1N6

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
Chief Transformation Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 11/26/2025 (1) A 200,000 A $0.72(2) 200,000 D
Common Shares 11/26/2025 (1) F 59,300 D $0.72(2) 140,700 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On November 26, 2025, the reporting person was granted 200,000 restricted share units ("RSUs") which vested immediately. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.
2. The price used to calculate the November 26 RSU vesting was C$1.01, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on November 25, 2025. The price was converted using the Bank of Canada exchange rate for November 25, 2025 of C$1.4104= US$1.00
/s/ Fareeha Khan, as attorney-in-fact Adrian Zarate 11/28/2025
** 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.

FAQ

What insider transaction did DIRTT Environmental Solutions (DRTTF) report?

DIRTT Environmental Solutions reported that its Chief Transformation Officer and director received a grant of 200,000 restricted share units (RSUs) on November 26, 2025, which vested immediately and resulted in related common share transactions.

How many DIRTT Environmental Solutions (DRTTF) shares did the insider acquire and dispose of?

The insider acquired 200,000 common shares and disposed of 59,300 common shares on November 26, 2025, resulting in 140,700 common shares beneficially owned directly after the transactions.

What is the economic value basis for the DIRTTF RSU grant reported?

The RSUs were valued using a price of C$1.01 per DIRTT common share, the Toronto Stock Exchange closing price on November 25, 2025, converted at a Bank of Canada exchange rate of C$1.4104 = US$1.00, corresponding to $0.72 per share in U.S. dollars.

What rights do the DIRTT Environmental Solutions RSUs provide to the insider?

Each RSU grants a conditional right to receive either a cash payment equal to the fair market value of one common share or, at DIRTT Environmental Solutions’ discretion, a number of common shares (or a combination of cash and shares) equal to that fair market value.

What is the insider’s role at DIRTT Environmental Solutions (DRTTF)?

The reporting person is both a director and an officer of DIRTT Environmental Solutions, serving as the company’s Chief Transformation Officer.

Does this DIRTTF Form 4 filing indicate a joint filing by multiple insiders?

No. The Form 4 indicates it is filed by one reporting person, not by more than one reporting person.
Dirtt Environmental Solutions

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98.86M
124.89M
34.66%
31.79%
0.7%
Engineering & Construction
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Canada
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