How many Ovintiv (OVV) Deferred Share Units does Ralph Izzo hold after this Form 4 transaction?

Following the grant, Ralph Izzo holds a total of 7,742 Deferred Share Units in Ovintiv. This figure reflects his direct ownership of DSUs after the reported award of 402 units on 2026-07-29, as disclosed in the Form 4.

What is a Deferred Share Unit in the context of Ovintiv (OVV)?

Each Ovintiv Deferred Share Unit (DSU) is the economic equivalent of one share of Ovintiv common stock. DSUs also yield dividend equivalent DSUs and are designed to be held until the director retires from the Board, aligning interests with shareholders.

Ovintiv Inc. (NYSE: OVV) awards director 402 deferred share units

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

Ovintiv reported that director Ralph Izzo received a grant of 402 Deferred Share Units on 2026-07-29 . These DSUs are a form of equity-based compensation economically equivalent to common stock and are held until his retirement from the Board.

Q: Does Ralph Izzo’s Ovintiv (OVV) DSU grant involve an immediate cash cost or purchase?

The DSU grant shows a per-unit price of $0.0000 , indicating it is an award of compensation rather than a market purchase. Izzo acquired 402 Deferred Share Units as part of his director compensation, not by paying cash in the open market.

Q: Was Ralph Izzo’s Ovintiv (OVV) DSU grant under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked , so the reported transaction is not affirmed as executed under a Rule 10b5-1 trading plan. It is disclosed as a standard compensation-related award of Deferred Share Units.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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 402 Deferred Share Units on 2026-07-29. After this award, he holds 7,742 Deferred Share Units directly. Each DSU is the economic equivalent of one share of Ovintiv common stock, yields dividend-equivalent DSUs, and is held until retirement from the Board. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider IZZO RALPH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit ^F1	402	$0.00	$0.00

Holdings After Transaction: Deferred Share Unit — 7,742 shares (Direct)

Footnotes (1)

F1. 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.

Key Figures

Deferred Share Units Granted: 402 Deferred Share Units Deferred Share Units Held After Grant: 7,742 Deferred Share Units Per-Unit Grant Price: $0.0000 per Deferred Share Unit +2 more

5 metrics

Deferred Share Units Granted 402 Deferred Share Units Grant to director Ralph Izzo on 2026-07-29

Deferred Share Units Held After Grant 7,742 Deferred Share Units Total direct DSU holdings of Ralph Izzo after the reported transaction

Per-Unit Grant Price $0.0000 per Deferred Share Unit Reported transaction price per DSU in the Form 4

Underlying Common Shares 402 shares of Common Stock Each Deferred Share Unit is the economic equivalent of one common share

Transaction Date 2026-07-29 Date of the Deferred Share Unit award reported

Key Terms

Deferred Share Unit, economic equivalent, dividend equivalent DSUs, Rule 10b5-1 trading plan

4 terms

economic equivalent financial

"DSU is the economic equivalent of one share of common stock of Ovintiv Inc."

dividend equivalent DSUs financial

"and yields dividend equivalent DSUs. DSUs are held until retirement"

Rule 10b5-1 trading plan regulatory

"The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/29/2026 - 05:15 PM Accepted by SEC EDGAR 07/29/2026 - 05:14 PM

FAQ

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

Ovintiv reported that director Ralph Izzo received a grant of 402 Deferred Share Units on 2026-07-29. These DSUs are a form of equity-based compensation economically equivalent to common stock and are held until his retirement from the Board.

Does Ralph Izzo’s Ovintiv (OVV) DSU grant involve an immediate cash cost or purchase?

The DSU grant shows a per-unit price of $0.0000, indicating it is an award of compensation rather than a market purchase. Izzo acquired 402 Deferred Share Units as part of his director compensation, not by paying cash in the open market.

Was Ralph Izzo’s Ovintiv (OVV) DSU grant under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the reported transaction is not affirmed as executed under a Rule 10b5-1 trading plan. It is disclosed as a standard compensation-related award of Deferred Share Units.

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Share Unit	⁽¹⁾	07/29/2026		A		402		⁽¹⁾	⁽¹⁾	Common Stock	402	$0	7,742	D

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.

	/s/ Dawna Gibb, by Power of Attorney	07/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR