Ovintiv (NYSE: OVV) EVP exercises 29,149 units, holds 80,283 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovintiv Inc. EVP, Corporate Services Rachel Maureen Moore exercised equity awards and adjusted her holdings through compensation-related transactions. On March 9, 2026 and March 10, 2026, she exercised a total of 29,149 Restricted Share Units and Performance Share Units into common stock, with each unit converting one-for-one.
The Performance Share Units were settled using a performance multiplier of 84%. To cover tax obligations, 8,208 shares of common stock were withheld at prices of $52.46 and $52.92 per share, and 12,053 shares were disposed of to the issuer. Following these transactions, she directly holds 80,283 shares of common stock and 37,306 RSUs, plus 9,022 shares held indirectly in an RRSP.
Positive
- None.
Negative
- None.
Insider Trade Summary
29,149 shares exercised/converted
Mixed
10 txns
Insider
Moore Rachel Maureen
Role
EVP, Corporate Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 7,054 | $0.00 | -- |
| Exercise | Common Stock | 7,054 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,387 | $52.92 | $179K |
| Exercise | Restricted Share Unit | 10,042 | $0.00 | -- |
| Exercise | Performance Share Unit | 12,053 | $0.00 | -- |
| Exercise | Common Stock | 10,042 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,821 | $52.46 | $253K |
| Exercise | Common Stock | 12,053 | $0.00 | -- |
| Disposition | Common Stock | 12,053 | $52.46 | $632K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 37,306 shares (Direct);
Common Stock — 83,670 shares (Direct);
Performance Share Unit — 0 shares (Direct);
Common Stock — 9,022 shares (Indirect, RRSP)
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 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. 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. Settlement of the PSUs was based on a performance criteria multiplier of 84 percent. Represents the settlement upon vesting of RSUs. RSUs convert into Ovintiv common stock on a one-for-one basis. The RSUs and PSUs settled in Canadian dollars at a price of CAD$71.21 per RSU or PSU on March 9, 2026 and CAD$71.80 per RSU on March 10, 2026. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. 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. Represents the settlement upon vesting of PSUs. PSUs convert into Ovintiv common stock on a one-for-one basis. Includes Ovintiv common stock acquired through reinvested dividends and employee matching not previously reported.
FAQ
What insider transaction did Ovintiv (OVV) EVP Rachel Moore report on this Form 4?
Rachel Moore reported exercising Restricted Share Units and Performance Share Units into common stock. These were compensation-related equity conversions rather than open-market purchases, reflecting vesting under Ovintiv’s Omnibus Incentive Plan and related grant agreements.