SEC Form 4 · accession 0001193125-26-294164
DIRTT ENVIRONMENTAL SOLUTIONS LTD · DRTTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Ryan
Director
Period of report
Jun 30, 2026
Accepted (ET)
Jul 2, 2026 · 2:22 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001340476
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Share UnitF2,F1 | — | Jun 30, 2026 | A | 39,392 | A | — | — | Common Shares | 39,392 | 1,058,989 | D |
Explanation of responses
- F1Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Third Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors.
- F2The price used to calculate the number of DSUs granted was C$0.71, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 29, 2026. The price was converted using the Bank of Canada exchange rate for June 29, 2026 of C$1.4206 = US$1.00.