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Ovintiv (OVV) EVP granted 263 dividend-equivalent RSUs in Form 4 filing

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

Rhea-AI Filing Summary

Ovintiv Inc. executive Meghan Nicole Eilers received an award of 263 Restricted Share Units (RSUs), including dividend-equivalent RSUs, linked to Ovintiv common stock. These RSUs were granted at no cash cost as compensation and increase her direct holdings to 46,955 shares on an as-converted basis.

The RSUs vest and become exercisable over time under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, and remain subject to her continued employment with the company through the relevant vesting dates.

Positive

  • None.

Negative

  • None.
Insider Eilers Meghan Nicole
Role EVP, Commercial & Legal Affs.
Type Security Shares Price Value
Grant/Award Restricted Share Unit 263 $0.00 --
Holdings After Transaction: Restricted Share Unit — 46,955 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date. Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2026.
RSUs granted 263 units Restricted Share Units awarded as of June 30, 2026
Grant price per RSU $0.00 per unit Compensation-related award, not an open-market purchase
Holdings after transaction 46,955 shares Total Ovintiv-linked shares following RSU grant
Underlying security 263 common shares Each RSU economically equivalent to one common share
Restricted Share Unit financial
"Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc."
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
dividend equivalent RSUs financial
"Each Restricted Share Unit ("RSU'') ... and yields dividend equivalent RSUs."
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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*
Eilers Meghan Nicole

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Commercial & Legal Affs.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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
Restricted Share Unit(1)06/30/2026A263 (1) (1)Common Stock263$0(2)46,955D
Explanation of Responses:
1. Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
2. Dividend equivalent RSUs received in lieu of cash dividends for the second quarter of 2026.
/s/Dawna Gibb, by Power of Attorney07/02/2026
** 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)

FAQ

What did Ovintiv (OVV) executive Meghan Nicole Eilers report in this Form 4?

Meghan Nicole Eilers, EVP, Commercial & Legal Affairs at Ovintiv, reported receiving 263 Restricted Share Units as a compensation-related grant. Each RSU is economically equivalent to one share of Ovintiv common stock and was awarded without an open-market stock purchase.

How many Ovintiv (OVV) RSUs were granted to Meghan Eilers in this filing?

The filing shows a grant of 263 Restricted Share Units to Meghan Eilers. These units are tied to Ovintiv common stock and arise as dividend-equivalent RSUs for the second quarter of 2026, increasing her overall equity-based compensation position.

Are the Ovintiv (OVV) RSUs granted to Meghan Eilers an open-market stock purchase?

No, the 263 Restricted Share Units reported are a compensation-related award, not an open-market stock purchase. They were granted at a price of $0.00 per unit and function as equity incentives rather than discretionary buying of Ovintiv shares in the market.

What is the economic value of the Ovintiv (OVV) RSUs granted to Meghan Eilers?

Each Restricted Share Unit is the economic equivalent of one Ovintiv common share, including dividend-equivalent RSUs. While the grant price is shown as $0.00 per unit, the actual value depends on Ovintiv’s share price when the RSUs vest and settle in stock.

How many Ovintiv (OVV) shares does Meghan Eilers hold after this RSU grant?

After the grant of 263 Restricted Share Units, Meghan Eilers is shown as beneficially owning 46,955 Ovintiv-linked shares on an as-converted basis. This figure reflects her direct holdings associated with RSUs and underlying common stock in this filing.

How and when will Meghan Eilers’ Ovintiv (OVV) RSUs vest?

The RSUs will vest and become exercisable according to Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement. Vesting follows the same schedule as related underlying RSUs and is conditioned on Meghan Eilers’ continued employment through each exercise date.