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  4. [Form 4] Ovintiv Inc. Insider Trading Activity

Ovintiv (OVV) director adds 41 deferred share units as Q2 2026 dividends

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

Rhea-AI Filing Summary

IZZO RALPH reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc. director Ralph Izzo received a grant of 41 Deferred Share Units (DSUs) as dividend-equivalent compensation. Each DSU is the economic equivalent of one share of Ovintiv common stock and accrues dividend-equivalent DSUs. These units were issued in lieu of cash dividends for the second quarter of 2026 and are held until Mr. Izzo retires from the Board. Following this award, he holds a total of 7,340 DSUs, each linked to an equivalent number of underlying common shares.

Positive

  • None.

Negative

  • None.
Insider IZZO RALPH
Role null
Type Security Shares Price Value
Grant/Award Deferred Share Unit 41 $0.00 --
Holdings After Transaction: Deferred Share Unit — 7,340 shares (Direct, null)
Footnotes (1)
  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. Dividend equivalent DSUs received in lieu of cash dividends for the second quarter of 2026.
DSUs granted 41 Deferred Share Units Dividend-equivalent units for Q2 2026
Total DSUs after transaction 7,340 Deferred Share Units Holdings following June 30, 2026 award
Underlying common stock equivalent 41 shares Each DSU equals one Ovintiv common share
Transaction price per DSU $0.0000 per unit Compensation grant, not a market purchase
Deferred Share Unit financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc."
DSU financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs."
dividend equivalent DSUs financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs."
in lieu of cash dividends financial
"Dividend equivalent DSUs received in lieu of cash dividends for the second quarter of 2026."
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Form 4 Insider Transactions: What Each Field Means →
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*
IZZO RALPH
(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)
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
Deferred Share Unit(1)06/30/2026A41 (1) (1)Common Stock41$0(2)7,340D
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.
2. Dividend equivalent DSUs 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ovintiv (OVV) director Ralph Izzo report?

Ralph Izzo reported receiving 41 Deferred Share Units as compensation. These units were issued as dividend equivalents for Ovintiv’s second quarter 2026 cash dividends and are economically equivalent to common shares, increasing his total DSU holdings to 7,340 units.

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

A Deferred Share Unit (DSU) is a right to receive value equal to one Ovintiv common share. DSUs earn additional dividend-equivalent units over time and, for directors, are typically settled after leaving the Board rather than being traded immediately.

Why did Ralph Izzo receive 41 Deferred Share Units from Ovintiv (OVV)?

The 41 DSUs were issued as dividend equivalents for the second quarter of 2026. Instead of cash dividends on existing DSUs, Mr. Izzo received additional DSUs, maintaining his economic exposure to Ovintiv’s common stock while deferring payout until Board retirement.

How many Deferred Share Units does Ovintiv (OVV) director Ralph Izzo hold after this transaction?

After this transaction, Ralph Izzo holds 7,340 Deferred Share Units. Each DSU represents the economic equivalent of one Ovintiv common share, so this balance reflects his deferred, share-linked compensation tied to the company’s stock performance over time.

Does the Ovintiv (OVV) Form 4 show a market purchase or sale by Ralph Izzo?

No, the Form 4 shows a grant of 41 DSUs as compensation, not a market trade. The transaction is coded as an acquisition award, reflecting dividend-equivalent units rather than an open-market purchase or sale of Ovintiv common stock.