Edwards Douglas A 4

What Happened
Douglas A. Edwards, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 39,392 deferred share units (DSUs) on June 30, 2026. The Form 4 reports the grant at US$0.50 per DSU (total US$19,696). This was an award/grant (derivative instrument), not an open-market purchase or sale.

Key Details

• Transaction date: June 30, 2026; Filing date: July 2, 2026 (appears timely).
• Reported price/value: C$0.71 per share was used to calculate the grant (TSX close June 29, 2026); converted at Bank of Canada rate C$1.4206 = US$1.00, giving US$0.50 per DSU. Total reported value = US$19,696.
• Security type: Deferred Share Units (DSUs) — derivative award (transaction code A).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnotes: DSUs are the economic equivalent of one common share and settle only after the director’s termination of service. For U.S.-taxed directors, settlement occurs no later than 40 days after termination and may be settled in common shares or cash (cash equivalent calculated based on a specified post-separation price).

Context
DSUs are deferred compensation grants that convert into shares or cash only after a director leaves service, so this award does not represent an immediate open-market investment by the insider. Such grants are routine compensation for non-employee directors and do not by themselves indicate present buying or selling sentiment.