[Form 4] Ovintiv Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ovintiv Inc. executive reports stock option exercises and share sales. On 12/11/2025, the company’s EVP & CFO exercised stock options covering 6,997 shares of common stock at $34.63 per share and 27,843 shares at $32.71 per share. On the same date, he sold 6,997 shares and 27,843 shares of Ovintiv common stock at $41.72 per share. Following these transactions, he beneficially owned 142,389 shares of Ovintiv common stock in direct form. The options were originally awarded and the sales executed in Canadian dollars, with the reported prices converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

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

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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^*

Code Corey Douglas

(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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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
Common Stock	12/11/2025		M		6,997	A	$34.63(2)	149,386	D
Common Stock	12/11/2025		D		6,997	D	$41.72(4)	142,389	D
Common Stock	12/11/2025		M		27,843	A	$32.71(3)	170,232	D
Common Stock	12/11/2025		D		27,843	D	$41.72(4)	142,389	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
Stock Option(1)	$34.63(2)	12/11/2025		M			6,997	03/08/2019	03/08/2026	Common Stock	6,997	$0	0	D
Stock Option(1)	$32.71(3)	12/11/2025		M			27,843	05/08/2019	05/08/2026	Common Stock	27,843	$0	0	D

Explanation of Responses:

1. Option to buy Ovintiv Inc. common stock with tandem stock appreciation right. Each Stock Option is the economic equivalent of one share of Ovintiv Inc. common stock.

2. The Stock Options were awarded in Canadian dollars at a price of CAD$47.70 per Stock Option. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

3. The Stock Options were awarded in Canadian dollars at a price of CAD$45.05 per Stock Option. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

4. The shares of Ovintiv Inc. common stock were sold in Canadian dollars at a price of CAD$57.46 per share. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date.

	/s/Dawna Gibb, by Power of Attorney	12/12/2025
	** 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).
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