Ovintiv (OVV) COO exercises stock rights and disposes shares to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. executive Gregory Dean Givens reported compensatory share movements. On February 27, 2026, he exercised Stock Appreciation Rights equivalent to 15,058 shares of common stock at an exercise price of $35.80 per share, then disposed of 15,058 common shares to the issuer at $50.59 per share. After these transactions, he directly owned 105,867 shares of Ovintiv common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,058 shares exercised/converted
Mixed
3 txns
Insider
Givens Gregory Dean
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 15,058 | $0.00 | -- |
| Exercise | Common Stock | 15,058 | $35.80 | $539K |
| Disposition | Common Stock | 15,058 | $50.59 | $762K |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 120,925 shares (Direct)
Footnotes (1)
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FAQ
What insider activity did Ovintiv (OVV) report for Gregory Dean Givens?
Ovintiv reported that EVP & COO Gregory Dean Givens exercised Stock Appreciation Rights into 15,058 common shares and then disposed of 15,058 shares to the issuer, ending with 105,867 common shares held directly.
What disposition of Ovintiv (OVV) stock did Gregory Dean Givens report?
Givens reported a disposition of 15,058 Ovintiv common shares to the issuer, coded as a disposition to issuer. The reported transaction price was $50.59 per share, and the disposition followed the exercise of stock appreciation rights on the same date.
What are the Stock Appreciation Rights reported by Ovintiv (OVV) for Gregory Dean Givens?
The filing states each Stock Appreciation Right is economically equivalent to one Ovintiv common share. On February 27, 2026, exercising 15,058 rights resulted in 15,058 common shares, which were partly offset by a same-day disposition of 15,058 shares to the issuer.
Did the Ovintiv (OVV) Form 4 indicate open-market buying or selling by Gregory Dean Givens?
The Form 4 does not show open-market trades. It reports an exercise or conversion of Stock Appreciation Rights into 15,058 common shares and a disposition of 15,058 shares to the issuer, categorized as a disposition to issuer rather than a market sale.