Ovintiv (NYSE: OVV) director receives dividend-linked deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chhina Sippy reported acquisition or exercise transactions in this Form 4 filing.
Ovintiv Inc. director Sippy Chhina received 11 Deferred Share Units (DSUs) as a grant tied to first-quarter 2026 dividends. Each DSU is the economic equivalent of one Ovintiv common share and earns dividend-equivalent DSUs. After this award, Chhina directly holds 2,355 DSUs, which are kept until retirement from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chhina Sippy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Unit | 11 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Unit — 2,355 shares (Direct)
Footnotes (1)
- Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs. DSUs are held until retirement from the Board. Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2026.
Key Figures
DSUs granted: 11 Deferred Share Units
DSUs after transaction: 2,355 Deferred Share Units
DSU-to-share equivalence: 1 DSU = 1 common share (economic)
3 metrics
DSUs granted
11 Deferred Share Units
Dividend-equivalent DSUs for first quarter of 2026
DSUs after transaction
2,355 Deferred Share Units
Total DSUs directly held by director after grant
DSU-to-share equivalence
1 DSU = 1 common share (economic)
Each Deferred Share Unit matches one Ovintiv common share economically
Key Terms
Deferred Share Unit, dividend equivalent DSUs, held until retirement from the Board
3 terms
dividend equivalent DSUs financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs."
held until retirement from the Board financial
"DSUs are held until retirement from the Board."