Ovintiv (OVV) CEO granted 1,271 dividend equivalent RSUs for Q2 2026

Rhea-AI Filing Summary

McCracken Brendan Michael reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc.’s President & CEO Brendan Michael McCracken received a grant of 1,271 Restricted Share Units (RSUs) tied to common stock. These RSUs were issued as dividend equivalent units for the second quarter of 2026 rather than in cash.

Each RSU is economically equal to one Ovintiv common share and will vest and become exercisable under the company’s Omnibus Incentive Plan and the related grant agreement, subject to his continued employment. After this award, his reported directly held RSU-type units increased to 226,748.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McCracken Brendan Michael

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	1,271	$0.00	--

Holdings After Transaction: Restricted Share Unit — 226,748 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.

Key Figures

RSUs granted: 1,271 units Total RSU-type units after grant: 226,748 units RSU grant price: $0.00 per unit +1 more

4 metrics

RSUs granted 1,271 units Restricted Share Units awarded on June 30, 2026

Total RSU-type units after grant 226,748 units Holdings following the reported RSU award

RSU grant price $0.00 per unit Equity award, not an open-market purchase

Underlying common stock 1,271 shares Common stock equivalent for the RSU grant

Key Terms

Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan, grant, award, or other acquisition

4 terms

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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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:59 PM Accepted by SEC EDGAR 07/02/2026 - 04:58 PM Learn about SEC filing dates

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^*

McCracken Brendan Michael

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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)	06/30/2026		A		1,271		(1)	(1)	Common Stock	1,271	$0(2)	226,748	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, 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 Attorney	07/02/2026
	** 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 transaction did Ovintiv (OVV) report for its CEO?

Ovintiv reported that President & CEO Brendan Michael McCracken received 1,271 Restricted Share Units. These RSUs are tied to Ovintiv common stock and represent compensation rather than an open-market purchase or sale, aligning his interests with shareholders through equity-based awards.

What are the 1,271 Restricted Share Units granted to Ovintiv’s CEO?

The 1,271 Restricted Share Units are equity awards economically equivalent to one Ovintiv common share each. They were credited as dividend equivalent RSUs, meaning the CEO received share-based units instead of cash dividends for the second quarter of 2026.

How many RSU-type units does Ovintiv’s CEO hold after this Form 4?

Following this grant, Brendan Michael McCracken’s reported holdings of RSU-type units increased to 226,748. This figure reflects his direct position in these equity-based awards as disclosed, further tying his compensation to Ovintiv’s share performance over time.

Why did Ovintiv’s CEO receive dividend equivalent RSUs for Q2 2026?

He received dividend equivalent RSUs in lieu of cash dividends for the second quarter of 2026. Instead of being paid cash, the value of dividends on underlying awards was credited as additional RSUs, reinforcing a long-term, share-based compensation structure for the CEO.

How do the Ovintiv CEO’s RSUs vest under the Omnibus Incentive Plan?

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