Ovintiv Inc. (OVV) director receives 76 dividend-equivalent DSUs
Rhea-AI Filing Summary
Ovintiv Inc. director reported a routine equity transaction involving deferred share units. On 12/31/2025, the director acquired 76 Deferred Share Units (DSUs), which are derivative securities that each represent the economic equivalent of one share of Ovintiv common stock and generate additional DSUs on dividends. These 76 DSUs were received as dividend equivalents in lieu of cash dividends for the fourth quarter of 2025. Following this transaction, the director beneficially owns 9,980 derivative securities in the form of DSUs, which are held until retirement from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 76 | $0.00 | -- |
Footnotes (1)
- 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. Dividend equivalent DSUs received in lieu of cash dividends for the fourth quarter of 2025.
FAQ
What insider transaction did Ovintiv Inc. (OVV) disclose in this Form 4?
Ovintiv Inc. disclosed that a director acquired 76 Deferred Share Units (DSUs) on 12/31/2025. These DSUs were credited as dividend equivalents instead of paying cash dividends for the fourth quarter of 2025.
How many Ovintiv Inc. (OVV) DSUs does the director own after this transaction?
After receiving 76 additional DSUs, the director beneficially owns 9,980 derivative securities in the form of Deferred Share Units, held in direct ownership.
Why did the Ovintiv Inc. (OVV) director receive 76 DSUs?
The director received 76 DSUs as dividend equivalent DSUs, which the filing explains were credited in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.
How long are Ovintiv Inc. (OVV) DSUs held by the director?
According to the disclosure, the director’s Deferred Share Units are held until retirement from the Board, rather than being settled immediately.
What type of relationship does the reporting person have with Ovintiv Inc. (OVV)?
The reporting person is identified as a Director of Ovintiv Inc., and the Form 4 is filed by one reporting person rather than a group.