Benjamin Urban - Jun 9, 2025 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Role: Chief Executive Officer, Director
Signature: /s/ Fareeha Khan, as attorney-in-fact for Benjamin Urban
Stock symbol: DRTTF
Transactions as of: Jun 9, 2025
Transactions value $: -$37,489
Form type: 4
Date filed: 6/10/2025, 06:18 PM
Previous filing: Mar 7, 2025
Next filing: Aug 18, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Urban Benjamin Nicholas	Chief Executive Officer, Director	7303 30 STREET SE, CALGARY, ALBERTA, CANADA	/s/ Fareeha Khan, as attorney-in-fact for Benjamin Urban	2025-06-10	0001936653

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRTTF	Common Shares	Options Exercise		+125K	+9.68%		1.42M	Jun 9, 2025	Direct	F1
transaction	DRTTF	Common Shares	Tax liability	-$37.5K	-60.5K	-4.27%	$0.62	1.36M	Jun 9, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DRTTF	Restricted Share Units	Options Exercise	$0	+125K		$0.00	125K	Jun 9, 2025	Common Shares	125K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On 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 9, 2025 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
F2	The price used to calculate the June 7 RSU vesting was C$0.85, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 6, 2025. The price was converted using the Bank of Canada exchange rate for June 6, 2025 of C$1.3690 = US$1.00.

Content

On 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 9, 2025 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

The price used to calculate the June 7 RSU vesting was C$0.85, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 6, 2025. The price was converted using the Bank of Canada exchange rate for June 6, 2025 of C$1.3690 = US$1.00.