DIRTT (DRTTF) Chief Transformation Officer Adrian Raul Zarate Receives Award

What Happened
Adrian Raul Zarate, Chief Transformation Officer and director of DIRTT Environmental Solutions Ltd. (DRTTF), was granted 29,914 deferred share units (DSUs) on September 30, 2026. The grant is reported as a derivative award (code A) valued at approximately US$17,649 — $0.59 per DSU (USD equivalent). This was an award/compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-30 (filed 2026-10-01).
• Instrument & amount: 29,914 deferred share units (DSUs) — derivative grant (A).
• Valuation: US$0.59 per DSU; total value ≈ US$17,649.
• Shares owned after transaction: Not reported in this filing.
• Footnotes:
  • F1 — DSUs are economic equivalents of common shares and settle only after the holder’s termination of service; for U.S. directors settlement occurs no later than 40 days after termination and may be in shares or cash.
  • F2 — Number of DSUs was calculated using the TSX closing price C$0.83 on Sep 29, 2026, converted to USD at the Bank of Canada rate C$1.4188 = US$1.00.
• Timeliness: Filing appears timely (transaction 2026-09-30; filing 2026-10-01).

Context
Deferred share units are a form of deferred compensation: they do not transfer actual shares immediately and typically convert to shares or cash only upon separation from service. Grants like this are common executive/director compensation and do not by themselves indicate active buying or selling by the insider.