DIRTT (DRTTF) Director Douglas A. Edwards Receives 33,654-Share Award

What Happened

• Douglas A. Edwards, a director of DIRTT Environmental Solutions Ltd. (DRTTF), received a grant of 33,654 deferred share units (DSUs) on September 30, 2026.
• The filing lists the USD-equivalent price as $0.59 per DSU, for a total reported value of US$19,856. This transaction is reported as an award/grant (transaction code A) and is recorded as a derivative security.

Key Details

• Transaction date and filing: Grant dated 2026-09-30; Form 4 filed 2026-10-01 (appears timely).
• Price used: C$0.83 per DSU (Toronto Stock Exchange close on Sep 29, 2026), converted at Bank of Canada rate C$1.4188 = US$1.00 to US$0.59 per DSU.
• Total units & value: 33,654 DSUs; US$19,856 total value reported.
• Shares owned after transaction: Not specified in the filing.
• Footnote summary:
  • F1 — DSUs are the economic equivalent of one common share and are settled following cessation of service; for U.S. taxable directors, settlement occurs no later than 40 days after termination and may be settled in shares or cash.
  • F2 — Calculation and FX details described above.
• Transaction type: Award/Grant of deferred share units (derivative equity), not an open-market purchase or sale.

Context

• DSUs are deferred/phantom-equity awards that do not transfer voting shares immediately; they convert to common shares or cash upon the director’s departure per plan rules. This is an equity compensation grant (not a market purchase), so it reflects normal board compensation rather than an immediate buy/sell signal.