Ovintiv (OVV) EVP & COO exercises stock appreciation rights and sells 17,826 shares

Rhea-AI Filing Summary

Ovintiv Inc. executive reports stock transaction and option exercise

Ovintiv Inc.'s Executive Vice President and Chief Operating Officer reported transactions in company stock. On 12/04/2025, the executive exercised 17,826 stock appreciation rights with an exercise price of $22.95 per right, receiving an equivalent number of Ovintiv common shares. On the same date, the executive disposed of 17,826 common shares at a reported price of $42.32 per share. After these transactions, the executive directly beneficially owns 205,867 shares of Ovintiv common stock.

SEC Form 4

FORM 4

UNITED 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^*

Givens Gregory Dean

(Last) (First) (Middle)

C/O 370 17TH STREET, SUITE 1700

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ovintiv Inc. [ OVV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & COO

3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/04/2025		M		17,826	A	$22.95	223,693	D
Common Stock	12/04/2025		D		17,826	D	$42.32	205,867	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights(1)	$22.95	12/04/2025		M			17,826	09/10/2019	09/10/2026	Common Stock	17,826	$0	0	D

Explanation of Responses:

1. Each Stock Appreciation Right is the economic equivalent of one share of Ovintiv Inc. common stock.

	/s/Dawna Gibb, by Power of Attorney	12/05/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Ovintiv (OVV) report in this Form 4?

The Executive Vice President and Chief Operating Officer of Ovintiv Inc. (OVV) reported exercising 17,826 stock appreciation rights at $22.95 and disposing of 17,826 common shares at $42.32 on 12/04/2025.

Who is the reporting person in the Ovintiv (OVV) Form 4 filing and what is their role?

The reporting person is an officer of Ovintiv Inc., serving as EVP & COO, and is required to report changes in beneficial ownership of company equity securities.

How many Ovintiv (OVV) shares does the executive own after the reported transaction?

Following the reported exercise and sale on 12/04/2025, the executive beneficially owns 205,867 Ovintiv common shares, held directly.

What derivative securities were involved in the Ovintiv (OVV) Form 4 transaction?

The transaction involved stock appreciation rights granted on 09/10/2019 with an exercise price of $22.95 and an expiration date of 09/10/2026, covering 17,826 shares of Ovintiv common stock.

What is a stock appreciation right in the context of Ovintiv (OVV)?

The filing explains that each stock appreciation right is the economic equivalent of one share of Ovintiv Inc. common stock, meaning its value is tied to the share price.

Is the Ovintiv (OVV) Form 4 filed by one or multiple reporting persons?

The Form 4 is indicated as filed by one reporting person, reflecting the transactions and holdings of a single Ovintiv executive.