DIRTT (DRTTF) Director Jeremy Gold Receives DSU Award

What Happened
Jeremy Gold, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 29,914 deferred share units (DSUs) on September 29, 2026. The DSUs were priced using a C$0.83 closing share price (Toronto Stock Exchange) converted at the Bank of Canada rate (C$1.4188 = US$1.00), resulting in a US$ per-unit value of approximately $0.59 and a total reported value of about US$17,649. This is an award (derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-09-29 — Grant/Award (transaction code A), reported on Form 4 filed 2026-10-01.
• Units granted: 29,914 deferred share units (DSUs) at US$0.59 per unit (calculated from C$0.83 converted to USD). Total value ≈ US$17,649.
• Shares owned after transaction: Not disclosed in this Form 4.
• Settlement and nature: DSUs are a derivative award that are the economic equivalent of one common share each and will settle following cessation of service; may be paid in common shares or cash equivalent (see footnotes).
• Special U.S. director treatment: For directors subject to U.S. taxation, DSUs will settle no later than 40 days after termination and cash/stock conversion uses a specific pricing/timing rule (see footnote).
• Timeliness: Form 4 filed Oct 1, 2026 — appears timely (within the Form 4 filing window).

Context
DSUs are a common form of non-cash director compensation that defer payment until the director leaves service; they represent economic exposure to the company’s shares but are not immediate purchases of stock. Such grants are typically routine compensation and do not by themselves indicate the insider’s intended trading direction.