Ovintiv (OVV) EVP & COO reports 630 new RSUs from Q4 2025 dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive reports dividend-equivalent RSUs
Ovintiv Inc.'s EVP & COO reported receiving 630 restricted share units (RSUs) on 12/31/2025. These RSUs were granted as dividend-equivalent units in lieu of cash dividends for the fourth quarter of 2025 and are economically equal to 630 shares of Ovintiv common stock. The filing shows a total of 83,727 derivative securities beneficially owned after this transaction, all held directly. The RSUs will vest and become exercisable under Ovintiv's Omnibus Incentive Plan and the related grant agreement, subject to the executive's continued employment through the applicable exercise dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Givens Gregory Dean
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 630 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 83,727 shares (Direct)
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 fourth quarter of 2025.
FAQ
What insider transaction at Ovintiv Inc. (OVV) is disclosed in this Form 4?
The Form 4 reports that Ovintiv Inc.'s EVP & COO acquired 630 restricted share units (RSUs) on 12/31/2025 as a result of dividend equivalents.
How many Ovintiv (OVV) derivative securities does the reporting person own after this transaction?
After the reported transaction, the executive beneficially owns 83,727 derivative securities, held in a direct ownership form.
Why were the 630 RSUs granted to the Ovintiv (OVV) executive?
The 630 RSUs were granted as dividend equivalent RSUs received in lieu of cash dividends for Ovintiv Inc.'s fourth quarter of 2025.
When will the reported Ovintiv (OVV) RSUs vest and become exercisable?
The RSUs will vest and be exercisable in line with Ovintiv's Omnibus Incentive Plan and the applicable grant agreement, on the same schedule as the underlying RSUs and subject to continued employment.
What is the reported price for the Ovintiv (OVV) dividend-equivalent RSUs?
The Form 4 shows a price of $0 for the 630 dividend-equivalent RSUs, reflecting that they were granted rather than purchased for cash.