Ovintiv (OVV) director adds 3,510 shares and receives matching RSU grant

Rhea-AI Filing Summary

Ovintiv Inc. director Howard John Mayson reported compensation-related equity activity. On May 21, 2026, he exercised 3,510 Restricted Share Units (RSUs) into 3,510 shares of Ovintiv common stock, converting RSUs on a one-for-one basis.

On the same date, he also received a new grant of 3,510 RSUs, each economically equivalent to one Ovintiv common share and yielding dividend-equivalent RSUs under the Omnibus Incentive Plan. Following these transactions, he directly holds 49,290 shares of common stock and 3,510 RSUs. No open‑market purchases or sales were reported in this filing.

Insider Trade Summary

3,510 shares exercised/converted

Mixed 3 txns

Insider Mayson Howard John

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	3,510	$0.00	--
Exercise	Restricted Share Unit	3,510	$0.00	--
Exercise	Common Stock	3,510	$0.00	--

Holdings After Transaction: Restricted Share Unit — 3,510 shares (Direct, null); Common Stock — 49,290 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. Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs. Represents the settlement upon vesting of RSUs. RSUs convert into Ovintiv common stock on a one-for-one basis.

Key Figures

RSUs exercised: 3,510 units Common shares received: 3,510 shares New RSU grant: 3,510 units +3 more

6 metrics

RSUs exercised 3,510 units RSUs converted into common stock on May 21, 2026

Common shares received 3,510 shares Shares from RSU settlement on May 21, 2026

New RSU grant 3,510 units Grant of RSUs economically equivalent to common stock

Shares held after 49,290 shares Common stock directly owned after transactions

RSUs held after 3,510 units Restricted Share Units outstanding after grant and exercise

Exercise price per RSU $0.00 per unit Stated transaction price for RSU exercise and grant

Key Terms

Restricted Share Unit, RSU, dividend equivalent RSUs, Omnibus Incentive Plan

4 terms

Restricted Share Unit financial

"The filing refers to the security title as "Restricted Share Unit" in multiple transactions."

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.

RSU financial

"Each Restricted Share Unit ("RSU") is the economic equivalent of one share of common stock of Ovintiv Inc."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

dividend equivalent RSUs financial

"Each Restricted Share Unit yields dividend equivalent RSUs according to the footnotes."

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mayson Howard John

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/21/2026		M(3)		3,510	A	(4)	49,290	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
Restricted Share Unit	(1)	05/21/2026		A		3,510		05/21/2026	05/21/2026	Common Stock	3,510	$0	3,510	D
Restricted Share Unit	(2)	05/21/2026		M			3,510	05/21/2026	05/21/2026	Common Stock	3,510	$0	0	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 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.

2. Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.

3. Represents the settlement upon vesting of RSUs.

4. RSUs convert into Ovintiv common stock on a one-for-one basis.

	/s/Dawna Gibb, by Power of Attorney	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Howard John Mayson report for Ovintiv (OVV)?

Howard John Mayson reported equity compensation activity, not market trades. He exercised 3,510 Restricted Share Units (RSUs) into common stock and received a new grant of 3,510 RSUs, each tied to Ovintiv common shares on a one-for-one basis.

How many Ovintiv (OVV) shares does Howard John Mayson hold after these transactions?

After the reported activity, Howard John Mayson directly holds 49,290 shares of Ovintiv common stock. He also holds 3,510 Restricted Share Units, which are economically equivalent to common shares and can settle into stock according to the Omnibus Incentive Plan’s vesting terms.

Were there any open-market stock sales or purchases in this Ovintiv (OVV) Form 4?

No open-market sales or purchases were reported. The Form 4 shows an exercise of 3,510 Restricted Share Units into common stock and a separate grant of 3,510 new RSUs, all at a stated price of $0.00 per unit as compensation-related awards.

What are Restricted Share Units (RSUs) in the context of Ovintiv (OVV)?

At Ovintiv, each RSU is the economic equivalent of one share of common stock and yields dividend equivalent RSUs. RSUs convert into common stock on a one-for-one basis, with vesting and settlement governed by the Omnibus Incentive Plan and the applicable grant agreement.

How many RSUs did Howard John Mayson exercise and how many were newly granted at Ovintiv (OVV)?

He exercised 3,510 RSUs that settled into 3,510 shares of Ovintiv common stock, reducing that RSU award to zero. Separately, he received a new grant of 3,510 RSUs, leaving him with 3,510 RSUs outstanding after the transactions.