DIRTT Environmental Solutions Ltd. director Pannikode Shalima K. received a grant of deferred share units as part of long-term compensation. The award covers 37,516 deferred share units (DSUs), each economically equivalent to one common share. Following this grant, the director holds 354,272 DSUs in total.
The DSUs were valued using a reference price of C$0.71 per common share, converted at a Bank of Canada exchange rate of C$1.4206 = US$1.00. All DSUs settle after the director’s service with the company ends and may be paid in common shares or cash based on the common share closing price at that time.
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.
Zarate Adrian Raul reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director and Chief Transformation Officer Adrian Raul Zarate received a grant of deferred share units as part of his long-term compensation. He was awarded 35,015 Deferred Share Units (DSUs), each economically equivalent to one common share, at a reference price of $0.50 per unit. Following this grant, his reported derivative holdings tied to common shares increased to 123,919 DSUs. The DSUs were issued under the company’s Third Amended and Restated Long Term Incentive Plan and will settle in common shares or cash after his service and employment with the company end.
DIRTT Environmental Solutions Chief Financial Officer Fareeha Khan reported routine equity compensation activity. On June 8, 2026, one-third of a 75,000-unit Restricted Share Unit grant vested, and 25,000 RSUs were exercised into an equal number of Common Shares at no exercise price.
To cover tax obligations, 12,586 Common Shares were delivered at a price of $0.52 per share in a tax-withholding disposition. After these transactions, Khan held 252,287 Common Shares directly. The company calculated the RSU vesting value using a price of C$0.72 per share and a Bank of Canada exchange rate of C$1.3947 = US$1.00.
DIRTT Environmental Solutions Chief Executive Officer Benjamin Nicholas Urban reported compensation-related equity transactions involving Restricted Share Units (RSUs) and Common Shares. On June 8, 2026, one-third of a prior grant of 375,000 RSUs vested and 125,000 RSUs were converted into Common Shares on a one-to-one basis at the issuer’s discretion. In connection with this vesting, 60,586 Common Shares were disposed of as a tax-withholding transaction at a reference price of $0.52 per share, while the remaining shares from the vesting increased his direct holdings. Following these transactions, Urban directly owned 1,471,218 Common Shares. The RSU vesting price was based on a C$0.72 closing price for the issuer’s Common Shares on the Toronto Stock Exchange on June 8, 2026, converted using a Bank of Canada exchange rate of C$1.3947 = US$1.00.
DIRTT Environmental Solutions Ltd director Scott L. Robinson acquired 150,000 Restricted Share Units on May 11, 2026 as compensation, not through an open-market purchase. These RSUs will cliff vest on July 1, 2026 and each represents a right to cash or Common Shares equal to the fair market value of one Common Share.
DIRTT Environmental Solutions Ltd. reported the results of its annual general meeting held on May 7, 2026. Shareholders elected eight directors, including Douglas Edwards and Jeremy Gold, for terms lasting until the close of the 2027 annual meeting or until successors are chosen.
PricewaterhouseCoopers LLP was reappointed as independent registered public accounting firm for the fiscal year ending December 31, 2026. Shareholders approved a non-binding Say-on-Pay resolution on executive compensation and supported holding future Say-on-Pay votes every two years, which the Company plans to follow until the next advisory vote on this topic.
DIRTT Environmental Solutions reported first quarter 2026 revenue of $42.4 million, up 3% from a year earlier, as product and service sales both increased modestly. Gross profit declined to $13.0 million, with margin compressing to 30.6% as higher aluminum and tariff costs and lower‑margin installation work weighed on results.
The company posted a net loss after tax of $3.3 million versus a $0.7 million loss in 2025, largely due to higher reorganization expenses and lower gross profit, partly offset by lower operating costs and a foreign exchange gain. Adjusted EBITDA was $1.4 million, or 3.3% of revenue, down from $2.1 million, or 5.1%.
Liquidity, including unrestricted cash and available borrowings, was $25.1 million at March 31, 2026, compared with $32.1 million at year‑end 2025, after repaying C$16.6 million ($12.1 million) of convertible debentures and receiving $6.9 million of net proceeds from Business Development Bank of Canada financing. Management highlighted a $338 million twelve‑month forward pipeline, up 16% year over year, and maintained full‑year 2026 guidance for revenue of $194.0–$209.0 million and Adjusted EBITDA of $26.0–$31.0 million.
DIRTT Environmental Solutions Ltd. director Douglas A. Edwards received a grant of 35,606 deferred share units (DSUs) on Common Shares at $0.55 per unit under the company’s Third Amended and Restated Long Term Incentive Plan.
Each DSU is the economic equivalent of one Common Share and will settle after the director’s termination of service, in either shares or cash. The number of DSUs was calculated using a price of C$0.77, the Toronto Stock Exchange closing price on March 30, 2026, converted using a Bank of Canada rate of C$1.3926 per US$1. Following this compensation award, Edwards holds 936,177 DSUs.