Ovintiv (OVV) plans board chair transition as Peter Dea retires in 2026

Rhea-AI Filing Summary

Ovintiv Inc. announced that long-serving director Peter Dea plans to retire from the Board after the company’s Annual Meeting of Shareholders on May 6, 2026. The company states that his decision to retire is not due to any disagreement regarding Ovintiv’s operations, policies, or practices, indicating an orderly and planned transition.

The Board has unanimously elected Steven Nance to become the next Chairman of the Board, effective upon Mr. Dea’s retirement. Ovintiv also issued a news release on December 12, 2025 announcing the leadership transition, highlighting continuity in board governance and oversight.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 10, 2025

Ovintiv Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware		001-39191		84-4427672
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

Suite 1700, 370 17th Street
Denver, Colorado		80202
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: 303 623-2300

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		OVV		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 10, 2025, Peter Dea notified the Board of Directors (the “Board”) of Ovintiv Inc. (the “Company”) that he will retire as a director of the Company upon adjournment of the Company’s Annual Meeting of Shareholders on May 6, 2026. Mr. Dea’s decision was not based on any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company thanks Mr. Dea for his service.

The Board unanimously elected Steven Nance as the next Chairman of the Board, effective upon Mr. Dea’s retirement.

Item 7.01 Regulation FD Disclosure.

On December 12, 2025, the Company issued a news release announcing Mr. Dea’s retirement and Mr. Nance’s election as Chairman. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

The information in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto are being furnished and, along with information contained on Ovintiv’s website (or linked therein or otherwise connected thereto), shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Exhibit Description
Exhibit 99.1		News Release dated December 12, 2025
Exhibit 104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				Ovintiv Inc.
Date: December 12, 2025				By:		/s/ Dawna I. Gibb
						Name: Dawna I. Gibb
						Title:  Assistant Corporate Secretary

FAQ

What board change did Ovintiv Inc. (OVV) announce?

Ovintiv Inc. announced that director Peter Dea will retire from the Board after the Annual Meeting of Shareholders on May 6, 2026, and that Steven Nance has been elected to become the next Chairman of the Board, effective upon Mr. Dea’s retirement.

Why is Ovintiv director Peter Dea retiring from the Board?

Ovintiv states that Peter Dea’s decision to retire from the Board is not based on any disagreement with the company on matters related to its operations, policies, or practices, indicating a voluntary and planned departure.

When will Steven Nance become Chairman of Ovintiv Inc.’s Board?

Steven Nance will become Chairman of Ovintiv Inc.’s Board effective upon Peter Dea’s retirement, which is scheduled to occur at the adjournment of the company’s Annual Meeting of Shareholders on May 6, 2026.

Did Ovintiv Inc. report any disagreements with Peter Dea before his retirement?

No. Ovintiv explicitly states that Mr. Dea’s decision was not based on any disagreement with the company regarding its operations, policies, or practices.

How did Ovintiv Inc. communicate the chairman transition to the public?

On December 12, 2025, Ovintiv issued a news release announcing Peter Dea’s planned retirement and Steven Nance’s election as the next Chairman of the Board.

What exhibit is attached to the Ovintiv Inc. 8-K related to the board changes?

The report includes Exhibit 99.1, which is a news release dated December 12, 2025, describing Peter Dea’s retirement and Steven Nance’s election as Chairman.