Ovintiv EVP & COO granted 630 dividend-equivalent RSUs
Ovintiv Inc. executive reports dividend-equivalent RSUs Ovintiv Inc.'s EVP & COO reported receiving 630 restricted share units (RSUs) on 12/31/2025.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 630 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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?
How many Ovintiv (OVV) derivative securities does the reporting person own after this transaction?
Why were the 630 RSUs granted to the Ovintiv (OVV) executive?
When will the reported Ovintiv (OVV) RSUs vest and become exercisable?
What is the reported price for the Ovintiv (OVV) dividend-equivalent RSUs?
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