[Form 4] DIRTT ENVIRONMENTAL SOLUTIONS LTD Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Scott L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 68,952 | $0.55 | $38K |
Holdings After Transaction:
Deferred Share Unit — 1,149,055 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: 68,952 units
Award valuation price: US$0.55 per unit
Post‑grant DSU holdings: 1,149,055 units
+2 more
5 metrics
DSUs granted
68,952 units
Deferred Share Units granted to director on March 31, 2026
Award valuation price
US$0.55 per unit
Price used to calculate number of DSUs granted
Post‑grant DSU holdings
1,149,055 units
Total Deferred Share Units held after transaction
TSX closing price
C$0.77 per share
DIRTT common share price on March 30, 2026
FX rate
C$1.3926 = US$1.00
Bank of Canada exchange rate on March 30, 2026
Key Terms
Deferred Share Unit, Long Term Incentive Plan, Termination Date, Toronto Stock Exchange, +1 more
5 terms
Long Term Incentive Plan financial
"DSU was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
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.
Toronto Stock Exchange financial
"which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 30, 2026"
The Toronto Stock Exchange is Canada’s largest organized marketplace where shares of publicly traded companies are bought and sold, similar to a large, regulated marketplace for company ownership. It matters to investors because it provides transparent prices, rules that help protect buyers and sellers, and access to many Canadian and international businesses, so movements there can signal economic trends and affect portfolio values.
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 (DRTTF) report for Scott L. Robinson?
DIRTT Environmental Solutions reported that director Scott L. Robinson received a grant of 68,952 Deferred Share Units. Each DSU is economically equivalent to one common share, awarded under the company’s long term incentive plan as part of his director compensation package.
At what price were the DSUs granted to the DIRTT (DRTTF) director on this Form 4?
The number of DSUs was calculated using a price of C$0.77 per common share. This Canadian dollar price, the Toronto Stock Exchange closing price on March 30, 2026, was converted using a Bank of Canada exchange rate of C$1.3926 to US$1.00.
How are the DSUs for DIRTT Environmental Solutions (DRTTF) U.S. directors valued at settlement?
For U.S. directors, each DSU is settled in one common share or cash equal to that share’s value. The value is calculated using the closing price of DIRTT Environmental Solutions’ common shares on the day before the 30th day following separation from service, as outlined in the plan.