Ovintiv (OVV) director gifts 900 common shares from Ricks Family Trust
Rhea-AI Filing Summary
Ovintiv Inc. director reports gifted share transfer
A director of Ovintiv Inc. (OVV) reported an indirect transfer of common stock on December 5, 2025. According to the filing, the reporting person gave 900 shares of Ovintiv common stock as a gift, moving the shares from the Ricks Family Trust to family members at a stated price of $0 per share. Following the transaction, the filing shows the Ricks Family Trust holding 92,669 Ovintiv common shares indirectly for the reporting person.
Positive
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Negative
- None.
FAQ
What insider transaction did Ovintiv (OVV) disclose in this Form 4?
The filing shows that an Ovintiv director transferred by gift 900 shares of Ovintiv common stock on December 5, 2025, moving them from the Ricks Family Trust to family members.
Was the Ovintiv (OVV) insider transaction a sale or a gift?
The transaction was reported as a gift, with 900 shares of Ovintiv common stock transferred at a stated price of $0 per share.
How many Ovintiv (OVV) shares does the reporting person hold after the transaction?
After the reported gift, the filing lists the reporting person as indirectly holding 92,669 Ovintiv common shares through the Ricks Family Trust.
What is the reporting person’s relationship to Ovintiv (OVV)?
The reporting person is identified as a director of Ovintiv Inc., with the ownership reported as indirect through the Ricks Family Trust.
Did the Ovintiv (OVV) insider transaction involve derivative securities?
No derivative securities are reported as acquired, disposed of, or held in the Table II section for this transaction.
What does the transaction code in the Ovintiv (OVV) Form 4 indicate?
The transaction is coded as "G", which in this context corresponds to a gift of 900 shares from the Ricks Family Trust to family members.