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Ovintiv Inc. (OVV) director receives 76 dividend-equivalent DSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ovintiv Inc. director reported a routine equity transaction involving deferred share units. On 12/31/2025, the director acquired 76 Deferred Share Units (DSUs), which are derivative securities that each represent the economic equivalent of one share of Ovintiv common stock and generate additional DSUs on dividends. These 76 DSUs were received as dividend equivalents in lieu of cash dividends for the fourth quarter of 2025. Following this transaction, the director beneficially owns 9,980 derivative securities in the form of DSUs, which are held until retirement from the Board.

Positive

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Insider Mayson Howard John
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit 76 $0.00 --
Holdings After Transaction: Deferred Share Unit — 9,980 shares (Direct)
Footnotes (1)
  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. Dividend equivalent DSUs received in lieu of cash dividends for the fourth quarter of 2025.
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 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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
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
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
Deferred Share Unit (1) 12/31/2025 A 76 (1) (1) Common Stock 76 $0(2) 9,980 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.
2. Dividend equivalent DSUs received in lieu of cash dividends for the fourth quarter of 2025.
/s/Dawna Gibb, by Power of Attorney 01/05/2026
** 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.

FAQ

What insider transaction did Ovintiv Inc. (OVV) disclose in this Form 4?

Ovintiv Inc. disclosed that a director acquired 76 Deferred Share Units (DSUs) on 12/31/2025. These DSUs were credited as dividend equivalents instead of paying cash dividends for the fourth quarter of 2025.

What is a Deferred Share Unit (DSU) in the Ovintiv Inc. (OVV) filing?

The filing states that each Deferred Share Unit (DSU) is the economic equivalent of one share of Ovintiv common stock and yields additional DSUs as dividend equivalents. DSUs are held until the director retires from the Board.

How many Ovintiv Inc. (OVV) DSUs does the director own after this transaction?

After receiving 76 additional DSUs, the director beneficially owns 9,980 derivative securities in the form of Deferred Share Units, held in direct ownership.

Why did the Ovintiv Inc. (OVV) director receive 76 DSUs?

The director received 76 DSUs as dividend equivalent DSUs, which the filing explains were credited in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.

How long are Ovintiv Inc. (OVV) DSUs held by the director?

According to the disclosure, the director’s Deferred Share Units are held until retirement from the Board, rather than being settled immediately.

What type of relationship does the reporting person have with Ovintiv Inc. (OVV)?

The reporting person is identified as a Director of Ovintiv Inc., and the Form 4 is filed by one reporting person rather than a group.