DIRTT ENVIRONMENTAL SOLUTIONS LTD·4

Apr 2, 12:50 PM ET

Jeremy Gold 4

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DIRTT (DRTTF) Director Jeremy Gold Receives 16,358 DSU Award

What Happened Jeremy Gold, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received an award of 16,358 deferred share units (DSUs) on March 31, 2026. The grant is reported as a derivative award (code A) with a per-unit value of US$0.55, for a total reported value of US$8,997. This was an award/grant (not a market purchase or sale) and therefore is a compensation/retention event rather than a straightforward buy or sell.

Key Details

  • Transaction date: 2026-03-31; filing date (Form 4): 2026-04-02 (appears within the normal two-business-day reporting window).
  • Units granted: 16,358 DSUs; reported value: US$0.55 per DSU; total value: US$8,997.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote summary:
    • F1: Each DSU equals the economic equivalent of one common share and will settle following termination of service; settlement may be in shares or cash. For U.S.-taxed directors, settlement occurs no later than 40 days after termination and the cash equivalent (if chosen) is based on the closing price prior to the 30th day after separation.
    • F2: The DSU count was calculated using a CAD closing price of C$0.77 on March 30, 2026, converted to USD using the Bank of Canada rate (C$1.3926 = US$1.00), producing the US$0.55 per-unit figure.
  • Transaction type: Derivative grant (DSU award), code A.

Context Deferred share units are a form of deferred compensation for directors and represent a right to receive shares or cash later; they do not immediately increase the director’s voting shares. Such awards are common for board compensation and do not by themselves signal buying or selling intent in the open market.