Ovintiv Inc. (NYSE: OVV) grants director Sippy Chhina 404 DSUs
Rhea-AI Filing Summary
Chhina Sippy reported acquisition or exercise transactions in this Form 4 filing.
Ovintiv Inc. director Sippy Chhina received a grant of 404 Deferred Share Units (DSUs) on July 29, 2026. Each DSU is economically equivalent to one share of common stock and earns dividend-equivalent DSUs, bringing her total DSU holdings to 3,188, held until retirement from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chhina Sippy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit F1 | 404 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Unit — 3,188 shares (Direct)
Footnotes (1)
- F1. Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs. DSUs are held until retirement from the Board.
Key Figures
Deferred Share Units granted: 404.0000 Deferred Share Units
Total DSUs after grant: 3188.0000 Deferred Share Units
Transaction price per DSU: 0.0000
+1 more
4 metrics
Deferred Share Units granted
404.0000 Deferred Share Units
Grant to director Sippy Chhina on 2026-07-29
Total DSUs after grant
3188.0000 Deferred Share Units
Director Sippy Chhina’s DSU holdings following the transaction
Transaction price per DSU
0.0000
Per-unit transaction price reported for the DSU grant
Underlying common stock shares
404.0000 shares
Common stock underlying the granted Deferred Share Units
Key Terms
Deferred Share Unit, dividend equivalent DSUs, economic equivalent
3 terms
dividend equivalent DSUs financial
"Each Deferred Share Unit yields dividend equivalent DSUs."
economic equivalent financial
"Each Deferred Share Unit is the economic equivalent of one share of common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ovintiv (OVV) report for director Sippy Chhina?
Ovintiv reported that director Sippy Chhina was granted 404 Deferred Share Units (DSUs) on July 29, 2026. The award increased her total DSU holdings to 3,188, all of which are tied to Ovintiv’s common stock and held until she retires from the Board.
Was Sippy Chhina's Ovintiv (OVV) Form 4 transaction a purchase or a grant?
The transaction is reported with code "A", described as a grant, award, or other acquisition, not a market purchase. It reflects the award of 404 Deferred Share Units to director Sippy Chhina, increasing her directly owned DSU balance to 3,188 units.
What price per unit is shown for Sippy Chhina’s Ovintiv (OVV) DSU grant?
The Form 4 lists a per-unit transaction price of $0.0000 for the 404 Deferred Share Units granted on July 29, 2026. This indicates a non-cash DSU award, with value economically linked to Ovintiv’s common stock rather than a cash purchase on the market.