Benjamin Urban - Aug 14, 2025 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Signature
/s/ Fareeha Khan, as attorney-in-fact for Benjamin Urban
Stock symbol
DRTTF
Transactions as of
Aug 14, 2025
Transactions value $
-$27,650
Form type
4
Date filed
8/18/2025, 05:00 PM
Previous filing
Jun 10, 2025

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 2025-08-18 0001936653

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRTTF Common Shares Options Exercise +100K +7.38% 1.46M Aug 14, 2025 Direct F1
transaction DRTTF Common Shares Tax liability -$27.6K -48.5K -3.33% $0.57 1.41M 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 +100K +100% $0.00 200K Aug 14, 2025 Common Shares 100K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 14, 2024, the reporting person was granted 300,000 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 August 14, 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 August 14 RSU vesting was C$0.78, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on August 13, 2025. The price was converted using the Bank of Canada exchange rate for August 13, 2025 of C$1.3767 = US$1.00.