Ovintiv EVP granted 385 dividend RSUs
Ovintiv Inc. EVP & COO Gregory Dean Givens received a grant of 385 Restricted Share Units (RSUs), reported as a derivative acquisition on common stock.
Rhea-AI Filing Summary
Ovintiv Inc. EVP & COO Gregory Dean Givens received a grant of 385 Restricted Share Units (RSUs), reported as a derivative acquisition on common stock. Each RSU is the economic equivalent of one Ovintiv common share and includes dividend equivalent RSUs linked to cash dividends.
The RSUs were credited in lieu of cash dividends for the first quarter of 2026 and will vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, subject to his continued employment. Following this grant, Givens directly holds 78,256 shares or share-equivalent units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 385 | $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 first quarter of 2026.
Key Figures
Key Terms
dividend equivalent RSUs financial
Omnibus Incentive Plan financial
FAQ
What insider transaction did Ovintiv (OVV) report for EVP & COO Gregory Givens?
What are dividend equivalent RSUs in the Ovintiv (OVV) Form 4 filing?
How do the granted Ovintiv (OVV) RSUs vest for the COO?
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