OVV (NYSE: OVV) Form 144 lists 261,950 shares; broker named

Rhea-AI Filing Summary

OVV affiliate filed a Form 144 proposing the sale of common stock. The filing lists a principal broker, Morgan Stanley Smith Barney LLC, and shows quantities including 261,950 shares and a line item of 5,000. It also records Director RSU releases of 8,226 on 03/08/2024 and 4,213 on 05/17/2024.

Insights

Securities Attorney

Form 144 lists proposed resale quantities and RSU releases; treatment depends on actual market sales.

The filing names Morgan Stanley Smith Barney LLC as the broker and shows share quantities including 261,950 and 5,000. The RSU release entries of 8,226 (03/08/2024) and 4,213 (05/17/2024) are recorded as issuer-related releases.

Actual sales require compliance with Rule 144 sale conditions and broker execution; timing and proceeds are not described in the provided excerpt.

Equity Capital Markets Analyst

The notice is an affiliate resale filing; market impact depends on realized sale activity.

The document lists potential resale quantities but does not state executed trades or proceeds. The presence of RSU release amounts suggests issuance events tied to director compensation on 03/08/2024 and 05/17/2024.

Whether these shares enter the market will depend on broker placements and Rule 144 conditions; subsequent filings could disclose executed sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5000	261950	34910	03/03/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/08/2024	Director RSU Release	Issuer			8226	03/08/2024	N/A
Common Stock	05/17/2024	Director RSU Release	Issuer			4213	05/17/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does OVV's Form 144 disclose about share quantities?

The filing lists quantities including 261,950 shares and a separate line of 5,000 shares. It also records Director RSU releases of 8,226 and 4,213 on specific dates.

Who is the broker handling the proposed sales in the OVV Form 144?

The filing names Morgan Stanley Smith Barney LLC at New York Plaza as the broker-dealer associated with the proposed transactions in the excerpt.

Do the RSU release dates in the filing indicate when shares were issued?

The document records Director RSU releases dated 03/08/2024 (8,226 shares) and 05/17/2024 (4,213 shares), which the filing lists as issuer-related release events.

Does the Form 144 confirm that the listed shares were sold?

No. The notice proposes resale quantities but does not state executed sales or proceeds. Actual sale execution and cash flow are not described in the provided excerpt.

Are proceeds or timing of any sale specified in the Form 144 excerpt for OVV?

The excerpt does not disclose proceeds or specific timing for sale execution; it lists broker, quantities, and RSU release dates but not sale completion or cash amounts.