Ovintiv COO awarded 441 restricted share units
Givens Gregory Dean reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Givens Gregory Dean reported acquisition or exercise transactions in this Form 4 filing.
Ovintiv Inc.’s EVP & COO Gregory Dean Givens reported a grant of 441 Restricted Share Units (RSUs) tied to common stock. These RSUs are dividend-equivalent units received in lieu of a cash dividend for the second quarter of 2026 under Ovintiv’s Omnibus Incentive Plan.
Each RSU is economically equivalent to one Ovintiv common share and includes dividend-equivalent rights, vesting according to the applicable grant agreement and plan rules, contingent on continued employment. Following this award, Givens directly holds 78,697 RSUs representing compensation-based equity rather than open‑market purchases.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 441 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2026.
Key Figures
Key Terms
dividend equivalent RSUs financial
Omnibus Incentive Plan financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ovintiv (OVV) EVP & COO Gregory Givens report?
How many Ovintiv RSUs does Gregory Givens hold after this Form 4 transaction?
What are dividend-equivalent RSUs in the Ovintiv (OVV) Form 4 filing?
What plan governs the RSU grant reported in Ovintiv (OVV) EVP & COO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.