Form 4: Ovintiv Inc. Executive Rachel Moore Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Rachel Moore, EVP of Corporate Services at Ovintiv Inc., reports the acquisition of 165 Restricted Share Units (RSUs) and the disposal of 28,541 RSUs due to dividend equivalents.
Summary
- On March 28, 2024, Rachel Moore, EVP of Corporate Services at Ovintiv Inc., acquired 165 Restricted Share Units (RSUs).
- These RSUs are the economic equivalent of one share of Ovintiv common stock and yield dividend equivalent RSUs.
- The vesting and exercise of these RSUs are subject to the Omnibus Incentive Plan, the applicable grant agreement, and continued employment with Ovintiv.
- Moore also disposed of 28,541 RSUs due to dividend equivalents received for the first quarter of 2024.
- Following these transactions, Moore directly owns 0 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Acquisition of 165 Restricted Share Units. |
| 04/01/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.