Ovintiv Inc.·4

May 26, 5:26 PM ET

Mayson Howard John 4

Research Summary

AI-generated summary

Updated

Ovintiv Director Mayson Howard John Receives 3,510 RSUs

What Happened

  • Mayson Howard John, a director of Ovintiv Inc. (OVV), had 3,510 restricted share units (RSUs) reported as vested/settled on 2026-05-21. The filing shows an award/conversion of 3,510 RSUs into common stock (reported $0 per share) and a simultaneous reported disposal of 3,510 shares (also $0), consistent with the settlement of RSUs rather than an open‑market purchase or cash sale.

Key Details

  • Transaction date: 2026-05-21; Form filed: 2026-05-26 (filed 5 days after the transaction — appears late).
  • Reported items: A (award/grant) 3,510 RSUs @ $0; M (exercise/conversion) 3,510 shares acquired/converted; M (exercise/conversion) 3,510 shares disposed @ $0.
  • Monetary value: No cash price or proceeds reported (all entries show $0).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: Filing notes that each RSU is the economic equivalent of one Ovintiv common share, yields dividend equivalents, converts one-for-one on vesting, and that the entries represent settlement upon vesting.

Context

  • These entries reflect RSU vesting/settlement rather than an open-market buy or sale. The matching disposal of 3,510 shares reported at $0 typically reflects plan settlement mechanics (for example, share withholding to satisfy tax or other obligations under the Omnibus Incentive Plan), as described in the filing footnotes. This is routine compensation-related insider activity and does not necessarily signal a buy or sell decision by the director.