Form 4: Ovintiv Inc. Director Meg Gentle Acquires Deferred Share Units
SEC Form 4 Filing
Director Meg Gentle acquired 35 Deferred Share Units (DSUs) of Ovintiv Inc. on March 28, 2024, equivalent to 35 shares of common stock, through dividend equivalents.
Summary
- On March 28, 2024, Meg Gentle, a director of Ovintiv Inc., acquired 35 Deferred Share Units (DSUs).
- These DSUs are the economic equivalent of one share of Ovintiv Inc.'s common stock each.
- The acquisition was due to dividend equivalent DSUs received for the first quarter of 2024.
- Following the transaction, Ms. Gentle directly owns 6,061 DSUs.
- DSUs are held until retirement from the Board.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of deferred share units) by a company director, indicating standard corporate governance practices. There are no indications of negative or positive sentiment beyond the normal course of business.
Industry Context
This is a routine disclosure of a director's acquisition of deferred share units, a common form of compensation for board members.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Meg Gentle acquired 35 Deferred Share Units. |
| 04/01/2024 | Date of report filing. |
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