Ovintiv (OVV) EVP granted 263 dividend-equivalent RSUs in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive Meghan Nicole Eilers received an award of 263 Restricted Share Units (RSUs), including dividend-equivalent RSUs, linked to Ovintiv common stock. These RSUs were granted at no cash cost as compensation and increase her direct holdings to 46,955 shares on an as-converted basis.
The RSUs vest and become exercisable over time under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, and remain subject to her continued employment with the company through the relevant vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eilers Meghan Nicole
Role
EVP, Commercial & Legal Affs.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 263 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 46,955 shares (Direct, null)
Footnotes (1)
- Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date. Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2026.
Key Figures
RSUs granted: 263 units
Grant price per RSU: $0.00 per unit
Holdings after transaction: 46,955 shares
+1 more
4 metrics
RSUs granted
263 units
Restricted Share Units awarded as of June 30, 2026
Grant price per RSU
$0.00 per unit
Compensation-related award, not an open-market purchase
Holdings after transaction
46,955 shares
Total Ovintiv-linked shares following RSU grant
Underlying security
263 common shares
Each RSU economically equivalent to one common share
Key Terms
Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan, grant, award, or other acquisition
4 terms
dividend equivalent RSUs financial
"Each Restricted Share Unit ("RSU'') ... and yields dividend equivalent RSUs."
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Ovintiv (OVV) executive Meghan Nicole Eilers report in this Form 4?
Meghan Nicole Eilers, EVP, Commercial & Legal Affairs at Ovintiv, reported receiving 263 Restricted Share Units as a compensation-related grant. Each RSU is economically equivalent to one share of Ovintiv common stock and was awarded without an open-market stock purchase.
How many Ovintiv (OVV) RSUs were granted to Meghan Eilers in this filing?
The filing shows a grant of 263 Restricted Share Units to Meghan Eilers. These units are tied to Ovintiv common stock and arise as dividend-equivalent RSUs for the second quarter of 2026, increasing her overall equity-based compensation position.
Are the Ovintiv (OVV) RSUs granted to Meghan Eilers an open-market stock purchase?
No, the 263 Restricted Share Units reported are a compensation-related award, not an open-market stock purchase. They were granted at a price of $0.00 per unit and function as equity incentives rather than discretionary buying of Ovintiv shares in the market.
What is the economic value of the Ovintiv (OVV) RSUs granted to Meghan Eilers?
Each Restricted Share Unit is the economic equivalent of one Ovintiv common share, including dividend-equivalent RSUs. While the grant price is shown as $0.00 per unit, the actual value depends on Ovintiv’s share price when the RSUs vest and settle in stock.
How and when will Meghan Eilers’ Ovintiv (OVV) RSUs vest?
The RSUs will vest and become exercisable according to Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement. Vesting follows the same schedule as related underlying RSUs and is conditioned on Meghan Eilers’ continued employment through each exercise date.