Ovintiv CFO granted three 10,524-share RSU awards
Ovintiv Inc. EVP & CFO Corey Douglas Code reported equity compensation awards in the form of restricted share units (RSUs).
Rhea-AI Filing Summary
Ovintiv Inc. EVP & CFO Corey Douglas Code reported equity compensation awards in the form of restricted share units (RSUs). On March 5, 2026, he received three separate awards of 10,524 RSUs each at a price of $0.00 per unit.
Each RSU is the economic equivalent of one share of Ovintiv common stock and also earns dividend-equivalent RSUs. The RSUs vest on future exercise dates in line with the company’s Omnibus Incentive Plan and the grant agreements, and require his continued employment with Ovintiv through those exercise dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 31,572 shares
Grant/Award
3 txns
Insider
Code Corey Douglas
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 10,524 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 10,524 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit | 10,524 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Unit — 274,593 contracts (Direct)
Footnotes (1)
- 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.
FAQ
What insider transaction did Ovintiv (OVV) report for Corey Douglas Code?
Ovintiv EVP & CFO Corey Douglas Code reported receiving three grants of 10,524 restricted share units each on March 5, 2026. These equity awards were recorded at a price of $0.00 per unit as part of his overall compensation package.
On what conditions will the Ovintiv CFO’s RSU awards vest?
The RSU awards will vest on exercise dates set out in Ovintiv’s Omnibus Incentive Plan and related grant agreements. Vesting remains subject to Corey Douglas Code’s continued employment with Ovintiv through the applicable exercise dates specified in those governing documents.
Were any cash purchases or sales of Ovintiv stock reported in this Form 4?
No cash purchases or sales of Ovintiv common stock were reported. The filing only shows equity compensation grants of restricted share units at a stated price of $0.00 per unit, reflecting non-cash awards rather than open-market trading transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.