Ovintiv EVP exercises 37,536 share units
Ovintiv Inc. EVP Meghan Nicole Eilers reported compensation-related equity activity involving restricted and performance share units.
Rhea-AI Filing Summary
Ovintiv Inc. EVP Meghan Nicole Eilers reported compensation-related equity activity involving restricted and performance share units. On March 9–10, 2026, she exercised and settled RSUs and PSUs into a total of 37,536 shares of common stock, all at a conversion price of $0.00 per share in line with the company’s incentive plans.
To cover tax obligations arising from these vestings, 7,443 shares were withheld at prices around the low-$50s per share, and 15,421 shares were returned to Ovintiv in an issuer disposition. Following these transactions, she directly holds 55,935 shares of common stock and indirectly holds 4,436 shares through a 401(k) plan, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 8,858 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,486 | $52.62 | $183K |
| Exercise | Restricted Share Unit | 13,257 | $0.00 | $0.00 |
| Exercise | Performance Share Unit | 15,421 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,257 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,957 | $52.07 | $206K |
| Exercise | Common Stock | 15,421 | $0.00 | $0.00 |
| Disposition | Common Stock | 15,421 | $52.07 | $803K |
| holding | Common Stock | -- | -- | -- |
Footnotes (9)
- 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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
- F2. Each Performance Share Unit ("PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent PSUs.
- F3. Settlement of the PSUs was based on a performance criteria multiplier of 84 percent.
- F4. Represents the settlement upon vesting of RSUs.
- F5. RSUs convert into Ovintiv common stock on a one-for-one basis.
- F6. Reporting the withholding by Ovintiv of shares of Ovintiv common stock (from the shares of common stock issued upon settlement upon vesting of RSUs or PSUs, as applicable) to satisfy payment of tax withholding obligations.
- F7. Represents the settlement upon vesting of PSUs.
- F8. PSUs convert into Ovintiv common stock on a one-for-one basis.
- F9. Includes Ovintiv common stock acquired through reinvested dividends and employee matching not previously reported.
FAQ
What did Ovintiv (OVV) EVP Meghan Eilers report in this Form 4?
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