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OVV (NYSE: OVV) discloses Rule 144 notice to sell 5,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A stockholder filed a Rule 144 notice to sell common shares. The planned sale covers 5,000 common shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $211,975. The issuer has 253,258,560 common shares outstanding. The shares to be sold were acquired from the issuer through director RSU releases on 03/08/2023 for 1,709 shares and on 05/08/2024 for 3,291 shares, both marked as non-cash transactions. The notice also confirms the seller’s representation that they are not aware of undisclosed material adverse information about the issuer’s operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does this Form 144 filing for OVV indicate?

It shows that a stockholder intends to sell 5,000 common shares of the issuer’s stock under Rule 144, disclosing how and when the securities were acquired and the planned sale details.

How many OVV shares are planned for sale and on which exchange?

The notice covers the planned sale of 5,000 common shares, to be sold through Fidelity Brokerage Services LLC on the NYSE.

What is the aggregate market value of the OVV shares to be sold?

The filing reports an aggregate market value of $211,975.00 for the 5,000 common shares covered by the planned Rule 144 sale.

How many OVV shares are outstanding according to this notice?

The notice states that there are 253,258,560 common shares outstanding for the issuer, providing context for the size of the planned sale.

How were the OVV shares being sold under Rule 144 acquired?

The shares were acquired from the issuer through director RSU releases: 1,709 shares on 03/08/2023 and 3,291 shares on 05/08/2024, both recorded with a nature of payment of N/A.

When is the planned sale date for the OVV shares under this Form 144?

The approximate date of sale disclosed is 12/08/2025, with the transaction to occur on the NYSE through the named broker.

What representations does the selling stockholder make in this OVV Form 144?

By signing, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements can constitute federal criminal violations.
Ovintiv Inc

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