BuildDirect Grants Deferred Share Units to Directors

BuildDirect, a leading omnichannel flooring materials retailer, has announced the grant of deferred share units (DSUs) to two of its directors, effective September 15, 2026. The company, which operates Pro Centers, strategic distribution hubs serving professional contractors and trades, has awarded an aggregate of 31,500 DSUs to Henry Lees-Buckley and Eyal Ofir.

According to the terms of the omnibus equity incentive plan, the DSUs will vest in one-third increments on each anniversary from the date of grant. Upon ceasing to be a director, the DSUs will be settled in common shares of the company. This move is part of BuildDirect’s ongoing efforts to align the interests of its directors with those of the shareholders.

BuildDirect, headquartered in Vancouver, British Columbia, is expanding its footprint through organic growth and strategic acquisitions. The company, known for its Pro Centers, continues to serve the professional flooring market with a focus on providing high-quality materials and services.

Shawn Wilson, CEO of BuildDirect, expressed, "This grant is a testament to the contributions of our directors and their commitment to the company’s success. We are pleased to recognize their efforts through this equity incentive plan."

The DSU grant is in line with BuildDirect’s broader strategy to enhance corporate governance and shareholder value. The company remains focused on scaling its operations and maintaining its position as a leader in the flooring materials retail sector.