Mayson Howard John 4
Research Summary
AI-generated summary
Ovintiv (OVV) Director Mayson Howard John Receives 56 DSUs
What Happened Mayson Howard John, a director of Ovintiv Inc. (OVV), received a grant of 56 Deferred Share Units (DSUs) on June 30, 2026. The Form 4 reports this as an award/acquisition (code A) for 56 units at $0.00 each (derivative award), so no cash was paid. DSUs are the economic equivalent of common shares and will be settled or held per the plan terms.
Key Details
- Transaction date: 2026-06-30; transaction type: Award/Grant (A).
- Quantity: 56 Deferred Share Units; reported price: $0.00 (derivative).
- Value: No cash value reported at grant (DSUs represent an equity-equivalent award).
- Footnotes: F1 — each DSU equals one Ovintiv common share and accrues dividend-equivalent DSUs; F2 — these include dividend-equivalent DSUs for Q2 2026.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: not indicated in the provided data.
Context DSUs are commonly used to compensate non-employee directors and are typically held until retirement from the board (per the footnote). Such awards are routine director compensation and should not be interpreted as a buy or sell signal by itself. As a derivative award, the entry reflects grant/crediting of units rather than an open-market purchase or sale.