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Ovintiv (NYSE: OVV) EVP receives multiple RSU awards

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

Rhea-AI Filing Summary

Ovintiv Inc. executive Rachel Maureen Moore, EVP Corporate Services, received equity awards in the form of restricted share units. On March 5, 2026, she acquired three separate grants of 5,980 Restricted Share Units each at a price of $0.00 per unit.

Each RSU is economically equivalent to one share of Ovintiv common stock and also provides dividend-equivalent RSUs. The awards vest on future exercise dates in line with Ovintiv’s Omnibus Incentive Plan and the related grant agreements, subject to her continued employment through the applicable vesting dates.

Positive

  • None.

Negative

  • None.
Insider Moore Rachel Maureen
Role EVP, Corporate Services
Type Security Shares Price Value
Grant/Award Restricted Share Unit 5,980 $0.00 --
Grant/Award Restricted Share Unit 5,980 $0.00 --
Grant/Award Restricted Share Unit 5,980 $0.00 --
Holdings After Transaction: Restricted Share Unit — 42,441 shares (Direct)
Footnotes (1)
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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*
Moore Rachel Maureen

(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, Corporate Services
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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
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
Restricted Share Unit (1) 03/05/2026 A 5,980 03/05/2027 03/05/2027 Common Stock 5,980 $0 42,441 D
Restricted Share Unit (1) 03/05/2026 A 5,980 03/05/2028 03/05/2028 Common Stock 5,980 $0 48,421 D
Restricted Share Unit (1) 03/05/2026 A 5,980 03/05/2029 03/05/2029 Common Stock 5,980 $0 54,401 D
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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
/s/Dawna Gibb, by Power of Attorney 03/09/2026
** 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 for Rachel Maureen Moore?

Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received equity compensation in the form of Restricted Share Units. On March 5, 2026, she was granted three separate awards of 5,980 RSUs each, all at a grant price of $0.00 per unit.

How many restricted share units did the Ovintiv EVP acquire in this Form 4?

The Form 4 shows three derivative transactions, each for 5,980 Restricted Share Units. These RSUs are equity awards, not open-market purchases, and are granted at a price of $0.00 per unit under Ovintiv’s Omnibus Incentive Plan and related grant agreements.

What is a Restricted Share Unit in the Ovintiv (OVV) Form 4 filing?

In this filing, each Restricted Share Unit is economically equivalent to one share of Ovintiv common stock and also yields dividend-equivalent RSUs. The units represent a right to receive shares in the future, subject to vesting conditions and continued employment with Ovintiv.

Do the Ovintiv RSU grants to Rachel Maureen Moore require a purchase price?

No, the reported RSU grants to Rachel Maureen Moore show a transaction price per unit of $0.00. This indicates they are compensation awards granted under Ovintiv’s Omnibus Incentive Plan rather than shares she bought in the open market for cash consideration.

When will the Ovintiv RSUs granted to the EVP vest?

The RSUs will vest on future exercise dates in accordance with Ovintiv’s Omnibus Incentive Plan and the applicable grant agreements. Vesting is conditioned on Rachel Maureen Moore’s continued employment with Ovintiv through each relevant exercise date specified in those plan documents.

Do Ovintiv’s RSU awards to the EVP include dividend equivalents?

Yes, the footnote states that each Restricted Share Unit yields dividend-equivalent RSUs. This means that when Ovintiv pays dividends on its common stock, additional RSUs accrue on these awards, mirroring the economic effect of receiving dividends on the underlying common shares.