Ovintiv (OVV) EVP Moore receives 182 dividend-equivalent RSUs, total holdings 37,488
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive Rachel Maureen Moore, EVP Corporate Services, received a grant of 182 Restricted Share Units on March 31, 2026. Each RSU is economically equivalent to one share of Ovintiv common stock and includes dividend equivalent RSUs for the first quarter of 2026.
The RSUs will vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, subject to her continued employment through the applicable exercise dates. Following this award, Moore directly holds 37,488 shares or share-equivalent units in total.
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 | 182 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 37,488 shares (Direct)
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 first quarter of 2026.
Key Figures
RSUs granted: 182 units
Post-transaction holdings: 37,488 shares/RSUs
Transaction price per RSU: $0.00 per unit
+1 more
4 metrics
RSUs granted
182 units
Restricted Share Units granted March 31, 2026
Post-transaction holdings
37,488 shares/RSUs
Total direct share-equivalent holdings after grant
Transaction price per RSU
$0.00 per unit
Compensation grant with no cash paid by insider
Quarter covered
First quarter 2026
Dividend equivalent RSUs received in lieu of cash dividends
Key Terms
Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan, grant, award, or other acquisition
4 terms
dividend equivalent RSUs financial
"and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance"
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Ovintiv (OVV) report in this Form 4 for Rachel Moore?
Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received 182 Restricted Share Units on March 31, 2026. These RSUs are equivalent to common shares and relate to dividend equivalents for first-quarter 2026, increasing her direct share-equivalent holdings to 37,488.
Is the Ovintiv (OVV) Form 4 transaction a stock purchase or sale?
The Form 4 reports an acquisition through a grant, not a market trade. Moore received 182 Restricted Share Units as a compensation-related award, coded as an "A" transaction for grant or other acquisition, with no open-market buying or selling disclosed.
Why did Rachel Moore receive dividend equivalent RSUs from Ovintiv (OVV)?
The filing states that the 182 RSUs are dividend equivalent RSUs received instead of cash dividends for Ovintiv’s first quarter of 2026. Rather than paying cash, Ovintiv credited additional RSUs that mirror the economic value of the dividends on underlying share units.