Form 4: Director Jeremy Gold Receives DSU Grant at DIRTT

Director Jeremy Gold was granted 16,358 deferred share units as part of the DIRTT Environmental Solutions Ltd. long-term incentive plan.

Summary

• Director Jeremy Gold acquired 16,358 deferred share units (DSUs) on March 31, 2026.
• Each DSU represents the economic equivalent of one common share of DIRTT Environmental Solutions Ltd.
• The grant was issued under the company's Third Amended and Restated Long Term Incentive Plan.
• The DSUs will settle in common shares or cash following the director's cessation of service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

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

Negatives

• None noted.

Risks

• Settlement value of DSUs is subject to future fluctuations in the company's common share price.

Future Outlook

The DSUs are intended to align director compensation with long-term performance, with settlement occurring only upon the director's separation from service.

Management Comments

• The DSUs are granted 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 in the construction and interior solutions sector to ensure long-term commitment.

Comparison to Industry Standards

• The use of deferred share units is consistent with standard executive and director compensation structures for publicly traded companies in North America.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard incentive grant.

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