Ovintiv (OVV) EVP Rachel Moore receives 208 dividend-equivalent RSUs in Q2 2026 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive Rachel Maureen Moore, EVP of Corporate Services, received a grant of 208 Restricted Share Units, credited as dividend equivalent RSUs for the second quarter of 2026. Each RSU is economically equivalent to one share of Ovintiv common stock and accrues further dividend equivalents.
The RSUs vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant terms, contingent on Moore’s continued employment through the applicable exercise date. Following this award, she holds 37,696 RSUs representing compensation-based equity exposure to Ovintiv stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Rachel Maureen
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 208 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 37,696 shares (Direct, null)
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 second quarter of 2026.
Key Figures
RSUs granted: 208 RSUs
RSU holdings after grant: 37,696 RSUs
RSU grant price: $0.0000 per unit
+1 more
4 metrics
RSUs granted
208 RSUs
Dividend equivalent RSUs for second quarter 2026
RSU holdings after grant
37,696 RSUs
Total Restricted Share Units held following the award
RSU grant price
$0.0000 per unit
Compensation grant, not an open-market purchase
Underlying common stock
208 shares
Common stock underlying the RSU award
Key Terms
Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan
3 terms
dividend equivalent RSUs financial
"Each RSU ... yields dividend equivalent RSUs."
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
FAQ
What insider transaction did Ovintiv (OVV) report for Rachel Maureen Moore?
Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received 208 Restricted Share Units as a compensation grant. These RSUs were issued as dividend equivalents for second quarter 2026 and are economically equivalent to common shares, subject to vesting conditions.
What are the terms of the RSUs reported in Ovintiv (OVV) executive Form 4?
Each Restricted Share Unit is economically equivalent to one Ovintiv common share and yields additional dividend equivalent RSUs. Vesting and exercise follow the Omnibus Incentive Plan and the grant agreement, conditioned on continued employment through the applicable exercise dates.
Were the Ovintiv (OVV) RSUs granted to Rachel Maureen Moore open-market purchases?
No, the 208 Restricted Share Units were a compensation-related grant, not open-market purchases. They were issued as dividend equivalent RSUs in lieu of cash dividends for Ovintiv’s second quarter of 2026, with no cash price paid per unit.
What does “dividend equivalent RSUs” mean in Ovintiv (OVV) Form 4?
Dividend equivalent RSUs are additional Restricted Share Units granted instead of cash dividends on underlying awards. For Ovintiv, Moore received RSUs in lieu of second quarter 2026 cash dividends, maintaining economic alignment with common shareholders while keeping value in equity form.