4Accepted Aug 6, 9:41 AM ET
DIRTT (DRTTF) CFO Khan Fareeha Receives RSU Award
Accepted (ET)
9:41 AM
Aug 6, 2026
Filed
Aug 6, 2026
Documents
1
Size
5.8 KB
Summary
DIRTT (DRTTF) CFO Khan Fareeha Receives RSU Award
What Happened
Khan Fareeha, Chief Financial Officer of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 75,000 restricted stock units (RSUs) on August 4, 2026. The Form 4 reports an acquisition at $0.00 because these are derivative awards (RSUs) rather than an open‑market purchase; the economic value will equal the fair market value of the underlying common shares when/if paid in cash or shares.
Key Details
- Transaction date: August 4, 2026; filing date (Accession): August 6, 2026 (filed within the typical 2‑business‑day Form 4 window).
- Transaction type/code: A (Award/Grant); 75,000 RSUs granted at $0.00 (derivative).
- Vesting: Grants vest in three equal annual installments beginning on the first anniversary of the grant (25,000 RSUs vest per year).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one common share or, at the issuer’s discretion, a number of common shares (or a combination of cash and shares) equal to that value.
- No 10b5‑1 plan, tax‑withholding sale, or exercise indicated in the filing.
Context
RSUs are compensation awards that convert into cash or stock upon vesting and do not represent an immediate purchase or sale; they are commonly used for executive pay and retention. This grant should be viewed as part of compensation, not a direct market bet by the insider.