DIRTT Environmental Solutions (DRTTF) grants 36,171 DSUs to director
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 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Groos Holyce Hess
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 36,171 | $0.55 | $20K |
Holdings After Transaction:
Deferred Share Unit — 196,395 shares (Direct)
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$0.77, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 30, 2026. The price was converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00.
Key Figures
DSUs granted: 36,171 units
Reference grant price: $0.55 per unit
DSUs after grant: 196,395 units
+2 more
5 metrics
DSUs granted
36,171 units
Deferred share units granted on March 31, 2026
Reference grant price
$0.55 per unit
Transaction price per deferred share unit
DSUs after grant
196,395 units
Total deferred share units held following transaction
TSX closing price
C$0.77 per share
Common Share closing price on March 30, 2026
FX rate used
C$1.3926 = US$1.00
Bank of Canada exchange rate on March 30, 2026
Key Terms
Deferred Share Unit, Third Amended and Restated Long Term Incentive Plan, Termination Date, Common Share, +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.
Bank of Canada exchange rate financial
"The price was converted using the Bank of Canada exchange rate for March 30, 2026 of C$1.3926 = US$1.00."
FAQ
What insider transaction did DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) report?
DIRTT ENVIRONMENTAL SOLUTIONS LTD reported a director receiving 36,171 deferred share units (DSUs) as a compensation grant. These DSUs are linked to Common Shares and increase the director’s total DSU holdings to 196,395, reflecting a routine equity-based award rather than an open-market trade.
What are DSUs in the DIRTT Environmental (DRTTF) Form 4 filing?
Each deferred share unit (DSU) is the economic equivalent of one Common Share of DIRTT Environmental Solutions. DSUs are granted under the company’s Long Term Incentive Plan and are designed as non-cash equity compensation that settles after the director’s service with the company ends.
When will the DIRTT Environmental (DRTTF) DSUs granted to the director be settled?
All DSUs will be settled after the director’s termination of service with the company. For U.S. directors, settlement occurs no later than 40 days after the termination date, in either Common Shares or cash based on a specified share price calculation.
How is the value of DIRTT Environmental (DRTTF) DSUs determined at settlement?
Each DSU will be settled in one Common Share or its cash equivalent. For U.S. directors, the cash value is based on the closing price of Common Shares on the day before the 30th day following separation from service, providing a market-based settlement value.
How was the DIRTT Environmental (DRTTF) DSU grant price calculated in the Form 4?
The number of DSUs granted used a share price of C$0.77, equal to the Toronto Stock Exchange closing price on March 30, 2026. This Canadian dollar price was converted using a Bank of Canada rate of C$1.3926 = US$1.00 to derive the U.S. dollar figure.