Richard J. Hunter - 09 Jun 2025 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Signature
/s/ Fareeha Khan, as attorney-in-fact for Richard Hunter
Issuer symbol
DRTTF
Transactions as of
09 Jun 2025
Net transactions value
-$35,010
Form type
4
Filing time
10 Jun 2025, 18:18:48 UTC
Previous filing
16 Aug 2024
Next filing
18 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HUNTER RICHARD J Chief Operating Officer 511 E JOHN CARPENTER FREEWAY, SUITE 600,, IRVING /s/ Fareeha Khan, as attorney-in-fact for Richard Hunter 10 Jun 2025 0001742843

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRTTF Common Shares Options Exercise +116,667 +8% 1,572,830 09 Jun 2025 Direct F1
transaction DRTTF Common Shares Tax liability $35,010 -56,467 -3.6% $0.6200 1,516,363 09 Jun 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 -116,667 -50% $0.000000 116,666 09 Jun 2025 Common Shares 116,667 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 350,000 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represent 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 per the 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