4//SEC Filing
Urban Benjamin Nicholas 4
Accession 0000950170-25-109807
CIK 0001340476other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 5:00 PM ET
Size
8.8 KB
Accession
0000950170-25-109807
Insider Transaction Report
Form 4
Urban Benjamin Nicholas
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Shares
2025-06-09$0.57/sh−48,508$27,650→ 1,406,804 total - Exercise/Conversion
Common Shares
2025-08-14+100,000→ 1,455,312 total - Exercise/Conversion
Restricted Share Units
2025-08-14+100,000→ 200,000 total→ Common Shares (100,000 underlying)
Footnotes (2)
- [F1]On August 14, 2024, the reporting person was granted 300,000 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer 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. One-third of the RSUs vested on August 14, 2025 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
- [F2]The price used to calculate the August 14 RSU vesting was C$0.78, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on August 13, 2025. The price was converted using the Bank of Canada exchange rate for August 13, 2025 of C$1.3767 = US$1.00.
Documents
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001936653
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 5:00 PM ET
- Size
- 8.8 KB