Form 4: Director Holly Hess Groos Receives DIRTT Equity Grant

Director Holly Hess Groos was granted 36,171 deferred share units as part of the DIRTT Environmental Solutions Ltd. long-term incentive plan.

Summary

• Director Holly Hess Groos received a grant of 36,171 deferred share units (DSUs) on March 31, 2026.
• The grant is part of the company's Third Amended and Restated Long Term Incentive Plan.
• Each DSU represents the economic equivalent of one common share of DIRTT Environmental Solutions Ltd.
• Following this transaction, the director's total beneficial ownership of DSUs is 196,395 units.
• The grant price was calculated based on the closing price of C$0.77 on the Toronto Stock Exchange on March 30, 2026, converted to US$0.55.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified in this filing.

Risks

• DSUs are subject to the company's future performance and the director's eventual separation from service.

Future Outlook

The DSUs will settle in common shares or cash following the director's cessation of service with the company.

Management Comments

• The grant is issued pursuant to the Third Amended and Restated Long Term Incentive Plan.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice intended to ensure directors maintain a vested interest in the long-term performance of the company.

Comparison to Industry Standards

• The use of DSUs for director compensation is consistent with standard practices for publicly traded companies in the construction and interior solutions sector.

Stakeholder Impact

• Increased alignment between director incentives and shareholder interests.

Next Steps

• Settlement of DSUs upon the director's future termination of service.

Key Dates

Keywords

DIRTT, DRTTF, Director Compensation, Deferred Share Units, Insider Transaction, Equity Incentive Plan