Form 4: Ovintiv Inc. Director Steven W. Nance Reports Transactions in Common Stock
SEC Form 4 Filing
Director Steven W. Nance reports the vesting and conversion of Restricted Share Units (RSUs) into Ovintiv Inc. common stock.
Summary
- On May 17, 2024, Steven W. Nance, a director of Ovintiv Inc., reported transactions involving Restricted Share Units (RSUs) and common stock.
- Nance acquired 4,213 shares of common stock upon the vesting of RSUs.
- These RSUs converted into common stock on a one-for-one basis.
- Following the reported transactions, Nance beneficially owns 36,632 shares of Ovintiv common stock directly.
- Nance also holds 4,213 Restricted Share Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of earliest transaction: vesting and conversion of Restricted Share Units (RSUs) into common stock. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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