Jeremy Gold 4
4 · DIRTT ENVIRONMENTAL SOLUTIONS LTD · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
DIRTT (DRTTF) Director Jeremy Gold Receives Award of 35,015 DSUs
What Happened
Jeremy Gold, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 35,015 deferred share units (DSUs) on June 30, 2026. The Form 4 reports the grant as a derivative award acquired at an implied price of $0.50 per unit, for an aggregate reported value of $17,508 (USD). This is a compensation award (A = Award/Grant), not an open‑market purchase or sale.
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 6, 2026. (File was submitted 6 days after the transaction — check filing for any timeliness designation.)
- Grant size: 35,015 DSUs; reported price per unit: $0.50 (USD); total reported value: $17,508.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote summary:
- F1: Each DSU is the economic equivalent of one common share and will settle (in shares or cash) following the director’s termination of service. For U.S. taxable directors, settlement occurs no later than 40 days after termination; cash settlement uses the closing price prior to the 30th day after separation.
- F2: The DSU count was calculated using the Toronto Stock Exchange closing price of C$0.71 (June 29, 2026), converted to USD at C$1.4206 = US$1.00, yielding the $0.50/unit figure shown.
- Transaction type: Derivative award (A). Not a sale or purchase.
Context
DSU grants are a form of deferred compensation and do not represent immediate common‑share ownership until settlement; they are typically part of director compensation programs and are often routine. Because this was an award rather than a purchase, it should not be interpreted as a direct bullish or bearish market signal by the insider.
Insider Transaction Report
- Award
Deferred Share Unit
[F1][F2]2026-06-30$0.50/sh+35,015$17,508→ 51,373 total→ Common Shares (35,015 underlying)
Footnotes (2)
- [F1]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.
- [F2]The price used to calculate the number of DSUs granted was C$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.