Form 4: Ovintiv Inc. Executive Rachel Moore Reports Acquisition of Restricted Share Units

Rachel Moore, EVP of Corporate Services at Ovintiv Inc., reports the acquisition of 253 Restricted Share Units (RSUs) and the disposal of 35,661 RSUs due to dividend equivalents.

Summary

• On March 31, 2025, Rachel Moore, EVP of Corporate Services at Ovintiv Inc., acquired 253 Restricted Share Units (RSUs).
• These RSUs are the economic equivalent of one share of Ovintiv common stock and yield dividend equivalent RSUs.
• Moore also disposed of 35,661 RSUs, which were dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2025.
• The vesting and exercise of the RSUs will occur according to the Omnibus Incentive Plan and the applicable grant agreement, contingent upon continued employment with Ovintiv.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, and does not inherently indicate positive or negative sentiment.

Future Outlook

The vesting and exercise of the RSUs will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement, and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings of company executives.

Stakeholder Impact

• Shareholders are informed about executive compensation and equity ownership.
• Employees are subject to continued employment for RSU vesting.

Key Dates

Keywords

Ovintiv Inc., Rachel Moore, Restricted Share Units, RSU, Dividend Equivalents, Form 4, Executive Compensation, Securities Exchange Act, Beneficial Ownership