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Ovintiv (NYSE: OVV) CEO granted 103,125 restricted share units in equity award

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Form Type
4

Rhea-AI Filing Summary

Ovintiv Inc. President and CEO Brendan Michael McCracken reported equity compensation in the form of restricted share units. On the reported date, he received three awards of 34,375 Restricted Share Units each, totaling 103,125 RSUs. Each RSU is economically equivalent to one share of Ovintiv common stock and accrues dividend-equivalent RSUs. Vesting will occur on specified exercise dates in line with Ovintiv's Omnibus Incentive Plan and the related grant agreements, and depends on his continued employment through those dates.

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Insider McCracken Brendan Michael
Role President & CEO
Type Security Shares Price Value
Grant/Award Restricted Share Unit 34,375 $0.00 --
Grant/Award Restricted Share Unit 34,375 $0.00 --
Grant/Award Restricted Share Unit 34,375 $0.00 --
Holdings After Transaction: Restricted Share Unit — 264,629 shares (Direct)
Footnotes (1)
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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*
McCracken Brendan Michael
(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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
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) 03/05/2026 A 34,375 03/05/2027 03/05/2027 Common Stock 34,375 $0 264,629 D
Restricted Share Unit (1) 03/05/2026 A 34,375 03/05/2028 03/05/2028 Common Stock 34,375 $0 299,004 D
Restricted Share Unit (1) 03/05/2026 A 34,375 03/05/2029 03/05/2029 Common Stock 34,375 $0 333,379 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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
/s/ Dawna Gibb, by Power of Attorney 03/09/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ovintiv (OVV) disclose for its CEO?

Ovintiv disclosed that President & CEO Brendan Michael McCracken received equity compensation in the form of restricted share units. He was granted three separate awards of 34,375 RSUs each, providing long-term incentive aligned with Ovintiv’s common stock performance and dividend equivalents.

How many restricted share units did Ovintiv (OVV) CEO receive in total?

Brendan Michael McCracken received a total of 103,125 restricted share units. This comes from three individual grants of 34,375 RSUs each, all recorded on the same date and structured as equity-based compensation tied to Ovintiv’s common stock value.

What does each Ovintiv (OVV) restricted share unit represent for the CEO grant?

Each restricted share unit is the economic equivalent of one Ovintiv common share. The RSUs also yield dividend-equivalent RSUs, meaning the award mirrors the value and dividend stream of common stock over time, subject to the vesting conditions described.

When do the Ovintiv (OVV) CEO’s restricted share units vest?

The restricted share units vest on exercise dates defined by Ovintiv’s Omnibus Incentive Plan and the applicable grant agreements. Vesting is conditioned on Brendan Michael McCracken’s continued employment with Ovintiv through each relevant exercise date for the awarded RSUs.

Does the Ovintiv (OVV) CEO need to pay for the restricted share units granted?

The reported grants show a price per unit of 0.0000, indicating no cash purchase by the CEO. These RSUs are equity compensation awards rather than open-market share purchases, granted under Ovintiv’s Omnibus Incentive Plan and related agreements.

How did the Ovintiv (OVV) CEO’s holdings change after the RSU grants?

After the reported grants, the filings show increasing totals of restricted share units following each transaction. These updated holdings reflect additional equity-based compensation, further tying the CEO’s economic exposure to Ovintiv’s common stock performance over time.