Edwards Douglas A 4

What Happened
Douglas A. Edwards, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 35,606 deferred share units (DSUs) on March 31, 2026. The filing values the award at $0.55 per unit (USD), for a total notional value of approximately $19,583. This was an award (derivative grant) under the company’s long-term incentive plan — a compensation/retention grant, not an open-market purchase.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (within the typical two-business-day reporting window).
• Grant size: 35,606 DSUs. Price used in filing: US$0.55/unit (derived from C$0.77 closing price on TSX on 2026-03-30 using Bank of Canada rate C$1.3926 = US$1.00). Total notional value ≈ US$19,583.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: DSUs are the economic equivalent of one common share and will settle after the director’s termination of service. For U.S.-taxed directors, settlement occurs no later than ~40 days after termination and will be in common shares or the cash equivalent (calculated using a closing-price formula).

Context
This is a routine director compensation award (derivative grant) rather than a market purchase or sale — such grants are common and do not by themselves indicate the director is buying or selling shares for investment reasons. DSUs only convert into shares or cash after the director leaves service, so there’s no immediate change in share ownership or market activity.