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Ovintiv Inc. (NYSE: OVV) awards director 404 deferred share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shaw Brian Gordon reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc. director Brian Gordon Shaw received a grant of 404 Deferred Share Units on July 29, 2026. Each DSU is economically equivalent to one share of common stock, yields dividend-equivalent DSUs, and is held until Board retirement. Following this award, Shaw directly holds 38,188 DSUs.

Positive

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Negative

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Insider Shaw Brian Gordon
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit F1 404 $0.00 $0.00
Holdings After Transaction: Deferred Share Unit — 38,188 shares (Direct)
Footnotes (1)
  1. F1. Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs. DSUs are held until retirement from the Board.
Deferred Share Units granted 404 Grant of Deferred Share Units on July 29, 2026
Price per Deferred Share Unit 0.0000 Reported transaction price per DSU
Deferred Share Units after transaction 38,188 Total DSUs directly held by Brian Gordon Shaw following the award
Underlying common shares 404 Common stock underlying the granted Deferred Share Units
Transaction date July 29, 2026 Date of DSU grant to director Brian Gordon Shaw
Deferred Share Unit financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share"
dividend equivalent DSUs financial
"and yields dividend equivalent DSUs. DSUs are held until retirement"
economic equivalent financial
"is the economic equivalent of one share of common stock of Ovintiv Inc."

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FAQ

What insider transaction did Ovintiv Inc. (OVV) report for Brian Gordon Shaw?
Ovintiv Inc. (OVV) reported that director Brian Gordon Shaw received a grant of 404 Deferred Share Units on July 29, 2026. These units are a form of equity-based director compensation rather than a market purchase or sale of common stock.

How many Ovintiv (OVV) Deferred Share Units does Brian Gordon Shaw hold after this Form 4?
After the reported grant, Brian Gordon Shaw directly holds 38,188 Deferred Share Units (DSUs) tied to Ovintiv (OVV). This total includes the newly awarded 404 DSUs and represents his accumulated deferred equity compensation as a member of the Board.

What is a Deferred Share Unit (DSU) in the context of Ovintiv (OVV)?
Each Ovintiv (OVV) Deferred Share Unit is the economic equivalent of one share of common stock. DSUs also yield dividend equivalent DSUs, meaning additional DSUs are credited when dividends are paid on Ovintiv’s common shares.

Are the Ovintiv (OVV) Deferred Share Units immediately settled or tradable?
No. The footnote states that Ovintiv (OVV) Deferred Share Units are held until retirement from the Board. This means they are not immediately settled into common shares and function as deferred compensation for the director’s board service.

Did Brian Gordon Shaw buy or sell Ovintiv (OVV) common stock in this Form 4?
No market purchase or sale of Ovintiv (OVV) common stock is reported. Instead, Brian Gordon Shaw received a grant of 404 Deferred Share Units, a derivative security economically equivalent to common shares and used for director compensation.

What underlying security is linked to the Ovintiv (OVV) Deferred Share Units granted?
The Deferred Share Units granted to Brian Gordon Shaw are linked to Ovintiv Inc. common stock, with 404 underlying shares. Each DSU corresponds to one share economically, aligning the director’s compensation with shareholder value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shaw Brian Gordon
(Last)(First)(Middle)
C/O 370 17TH STREET, SUITE 1700
(Street)
DENVER COLORADO 80202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Ovintiv Inc. [ OVV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Unit(1)07/29/2026A404 (1) (1)Common Stock404$038,188D
Explanation of Responses:
1. Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs. DSUs are held until retirement from the Board.
/s/Dawna Gibb, by Power of Attorney07/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR