Robinson Scott L reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director Scott L. Robinson received a grant of 68,952 Deferred Share Units (DSUs), each economically equivalent to one common share. The award was valued using a price of US$0.55 per unit, and Robinson now holds 1,149,055 DSUs in total.
The DSUs were granted under the company’s Third Amended and Restated Long Term Incentive Plan. All DSUs settle after service ends, either in common shares or their cash equivalent, with specific settlement timing and valuation rules applying to directors subject to U.S. taxation.
Pannikode Shalima K. reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director Pannikode Shalima K. reported receiving a grant of 33,911 Deferred Share Units on March 31, 2026, each tied to one common share. These DSUs were awarded under the company’s Third Amended and Restated Long Term Incentive Plan at a reference price of $0.55 per unit.
After this grant, the director holds a total of 316,756 Deferred Share Units. Each DSU is economically equivalent to one common share and will be settled in shares or cash only after the director’s service with the company ends, aligning compensation with long-term shareholder outcomes.
Groos Holyce Hess reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions director Holyce Hess Groos received a grant of 36,171 deferred share units (DSUs) on Common Shares at a reference price of $0.55 per unit. Following this compensation award, the director holds 196,395 DSUs. Each DSU is economically equivalent to one Common Share and will settle in shares or cash after service with the company ends.
Ryan Scott C reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd director Ryan Scott C received a grant of 35,606 Deferred Share Units (DSUs) on Common Shares. These DSUs were awarded under the company’s Third Amended and Restated Long Term Incentive Plan at a reference price of $0.55 per unit.
Each DSU is the economic equivalent of one Common Share and will settle after the director’s service with the company ends, either in shares or a cash amount based on the share price. Following this grant, the director’s total reported DSU-based holdings increased to 1,019,597 units.
Jeremy Gold reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd. director Jeremy Gold received a grant of 16,358 Deferred Share Units (DSUs) on March 31, 2026 as compensation. Each DSU is the economic equivalent of one common share and will be settled in shares or cash after his service with the company ends.
The number of DSUs was calculated using a reference price of US$0.55 per unit, based on the issuer’s common share closing price of C$0.77 on the Toronto Stock Exchange on March 30, 2026 and a Bank of Canada exchange rate of C$1.3926 = US$1.00.
Zarate Adrian Raul reported acquisition or exercise transactions in this Form 4 filing.
DIRTT Environmental Solutions Ltd granted Chief Transformation Officer Adrian Raul Zarate 31,650 Deferred Share Units (DSUs), each economically equivalent to one common share. The grant price reference was C$0.77 (approximately $0.55), based on the Toronto Stock Exchange closing price and a Bank of Canada exchange rate of C$1.3926 = US$1.00 on March 30, 2026. Following this award, Zarate holds 88,904 DSUs, which will settle in shares or cash after his service and employment with the company end.
DIRTT Environmental Solutions Ltd. is holding its 2026 annual shareholder meeting virtually on May 7, 2026 at 10:00 a.m. MDT. Shareholders of record as of March 18, 2026 can vote one common share per vote, with online, phone, mail and in‑meeting options.
Investors are asked to elect eight directors, ratify PricewaterhouseCoopers LLP as independent auditor for fiscal 2026, approve a non-binding Say‑on‑Pay resolution on executive compensation, and choose the preferred frequency of future Say‑on‑Pay votes. The Board recommends voting for all nominees, for the auditor, for Say‑on‑Pay, and a Say‑on‑Pay frequency of two years.
DIRTT Environmental Solutions Ltd. filed its Annual Report for the year ended December 31, 2025, outlining a business built around industrialized interior construction powered by its proprietary ICE software platform and a broad product portfolio of walls, headwalls, casework, electrical, networks and access floors.
The company sells mainly in the U.S. and Canada through 66 independent Construction Partners and an internal Construction Services team launched in 2024 to reach new sectors and under-served markets. DIRTT highlights a strong sustainability focus, including low‑emitting, reconfigurable systems, ESG reporting, and multiple industry awards.
Management describes a strategic transformation plan led by a Transformation Office to streamline commercial, operational and manufacturing processes, while acknowledging risks from intense competition, tariffs and inflation on key inputs like aluminum, concentration in a few suppliers, co‑founder competition, ESG‑related scrutiny, cybersecurity, and joint ownership of key ICE software code. The company notes 2025 negative operating cash flow, a history of losses in most years, and dependence on future execution to achieve sustainable profitability.
DIRTT Environmental Solutions reported fourth quarter 2025 revenue of $50.9 million, up 4% from 2024 and at the high end of its prior guidance. Gross margin improved to 36.6%, while Adjusted EBITDA rose to $6.2 million, or 12.1% of revenue.
Despite stronger margins, the company posted a Q4 net loss of $3.7 million versus $4.0 million of net income a year earlier, largely due to $2.9 million of impairment charges, higher reorganization costs, a legal provision, and a swing to foreign exchange loss.
For full-year 2025, revenue declined to $168.9 million and results moved to a net loss of $14.4 million from net income of $14.8 million in 2024. Liquidity was $32.1 million as of December 31, 2025 with indebtedness of $23.4 million. For 2026, management guides to revenue of $194.0 to $209.0 million and Adjusted EBITDA of $26.0 to $31.0 million, supported by an ongoing transformation program and new BDC financing.
DIRTT Environmental Solutions’ major shareholders have reshaped their holdings and governance arrangements. On February 13, 2026, WWT Opportunity #1 LLC distributed 8,526,966 common shares to 726 BC LLC and 20,355,136 shares to 726 BF LLC as a redemption of their membership interests, with no extra consideration paid.
The reporting group, including Shaun Noll, WWT1, 726 BC, 726 BF, Peter L. Briger Jr. and Matthew Briger, now reports aggregate beneficial ownership positions such as 25,432,147 shares (13.3%) for Noll and 20,355,136 shares (10.6%) for 726 BF and Peter L. Briger Jr. The parties entered into a 2026 Support and Standstill Agreement with DIRTT and 22NW Fund, LP. Under this pact, the 726 entities commit their shares to support the company, agree not to acquire additional shares or launch an unsolicited offer, and back the issuer’s rights plan.
In return, DIRTT agreed the 726 entities may designate one director as long as they continue to beneficially own at least the lesser of 19,174,445 shares or 10% of the outstanding stock through the 2026 annual meeting. Jeremy Gold, Managing Director of the Briger Family Office, has been appointed to the board as their nominee. WWT1 no longer holds enough shares to designate a director under the prior support agreement.