SEC Form 4 · accession 0001193125-26-265632
DIRTT ENVIRONMENTAL SOLUTIONS LTD · DRTTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Nicholas Urban
Officer — Chief Executive Officer · Director
Period of report
Jun 8, 2026
Accepted (ET)
Jun 10, 2026 · 2:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001340476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Jun 8, 2026 | M | 125,000 | — | A | 1,531,804 | D | |
| Common SharesF2 | Jun 8, 2026 | F | 60,586 | $0.52 | D | 1,471,218 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | — | Jun 8, 2026 | M | 125,000 | A | — | — | Common Shares | 125,000 | 0 | D |
Explanation of responses
- F1On June 7, 2023, the reporting person was granted 375,000 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. One-third of the RSUs vested on June 8, 2026 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
- F2The price used to calculate the June 7 RSU vesting was C$0.72, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 8, 2026. The price was converted using the Bank of Canada exchange rate for June 8, 2026 of C$1.3947= US$1.00.