Ovintiv (NYSE: OVV) EVP receives multiple RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive Rachel Maureen Moore, EVP Corporate Services, received equity awards in the form of restricted share units. On March 5, 2026, she acquired three separate grants of 5,980 Restricted Share Units each at a price of $0.00 per unit.
Each RSU is economically equivalent to one share of Ovintiv common stock and also provides dividend-equivalent RSUs. The awards vest on future exercise dates in line with Ovintiv’s Omnibus Incentive Plan and the related grant agreements, subject to her continued employment through the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Moore Rachel Maureen
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 5,980 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 5,980 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 5,980 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 42,441 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Ovintiv (OVV) report for Rachel Maureen Moore?
Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received equity compensation in the form of Restricted Share Units. On March 5, 2026, she was granted three separate awards of 5,980 RSUs each, all at a grant price of $0.00 per unit.
Do the Ovintiv RSU grants to Rachel Maureen Moore require a purchase price?
No, the reported RSU grants to Rachel Maureen Moore show a transaction price per unit of $0.00. This indicates they are compensation awards granted under Ovintiv’s Omnibus Incentive Plan rather than shares she bought in the open market for cash consideration.
When will the Ovintiv RSUs granted to the EVP vest?
The RSUs will vest on future exercise dates in accordance with Ovintiv’s Omnibus Incentive Plan and the applicable grant agreements. Vesting is conditioned on Rachel Maureen Moore’s continued employment with Ovintiv through each relevant exercise date specified in those plan documents.
Do Ovintiv’s RSU awards to the EVP include dividend equivalents?
Yes, the footnote states that each Restricted Share Unit yields dividend-equivalent RSUs. This means that when Ovintiv pays dividends on its common stock, additional RSUs accrue on these awards, mirroring the economic effect of receiving dividends on the underlying common shares.