Ovintiv Inc. (OVV) officer granted 354 dividend-equivalent RSUs, now holds 46,971
Rhea-AI Filing Summary
Ovintiv Inc. reported an insider equity transaction by an executive officer. The reporting person, identified as an officer with the title EVP, M&M & GC, filed as a single reporting person for a transaction dated 12/31/2025. The filing shows an award of 354 restricted share units (RSUs) classified as derivative securities in Table II. Each RSU represents the economic equivalent of one share of Ovintiv common stock and includes dividend equivalent RSUs, vesting and becoming exercisable under Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, subject to continued employment. The 354 RSUs represent dividend equivalent RSUs received in lieu of cash dividends for the fourth quarter of 2025. Following this transaction, the reporting person beneficially owned 46,971 derivative securities in the form of RSUs, held as a direct ownership position.
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FAQ
What insider equity transaction did Ovintiv Inc. (OVV) report in this filing?
The filing reports that an Ovintiv executive officer received 354 restricted share units (RSUs) on 12/31/2025. These RSUs are derivative securities linked to Ovintiv common stock.
Who is the reporting person in this Ovintiv Inc. (OVV) insider transaction?
The reporting person is an officer of Ovintiv Inc. with the title EVP, M&M & GC, filing individually as one reporting person.
How many Ovintiv Inc. (OVV) restricted share units does the insider hold after this transaction?
After the reported transaction, the insider beneficially owned 46,971 derivative securities in the form of restricted share units, held as a direct ownership position.
What does each restricted share unit represent for Ovintiv Inc. (OVV)?
Each restricted share unit is the economic equivalent of one share of Ovintiv common stock and also yields dividend equivalent RSUs, subject to the terms of the Omnibus Incentive Plan and the grant agreement.
Why were 354 Ovintiv Inc. (OVV) RSUs granted in this transaction?
The 354 RSUs represent dividend equivalent restricted share units received in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.
What conditions apply to vesting of the Ovintiv Inc. (OVV) RSUs in this filing?
Vesting and exercise of the RSUs will occur under Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, on the same schedule as the underlying RSUs, and require the grantee’s continued employment through the exercise date.