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Ovintiv (OVV) EVP Rachel Moore receives 208 dividend-equivalent RSUs in Q2 2026 grant

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

Rhea-AI Filing Summary

Ovintiv Inc. executive Rachel Maureen Moore, EVP of Corporate Services, received a grant of 208 Restricted Share Units, credited as dividend equivalent RSUs for the second quarter of 2026. Each RSU is economically equivalent to one share of Ovintiv common stock and accrues further dividend equivalents.

The RSUs vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant terms, contingent on Moore’s continued employment through the applicable exercise date. Following this award, she holds 37,696 RSUs representing compensation-based equity exposure to Ovintiv stock.

Positive

  • None.

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Insider Moore Rachel Maureen
Role EVP, Corporate Services
Type Security Shares Price Value
Grant/Award Restricted Share Unit 208 $0.00 --
Holdings After Transaction: Restricted Share Unit — 37,696 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.
RSUs granted 208 RSUs Dividend equivalent RSUs for second quarter 2026
RSU holdings after grant 37,696 RSUs Total Restricted Share Units held following the award
RSU grant price $0.0000 per unit Compensation grant, not an open-market purchase
Underlying common stock 208 shares Common stock underlying the RSU award
Restricted Share Unit financial
"Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock"
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 RSU ... yields dividend equivalent RSUs."
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan"
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Moore Rachel Maureen

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Corporate Services
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Unit(1)06/30/2026A208 (1) (1)Common Stock208$0(2)37,696D
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 Attorney07/02/2026
** Signature of Reporting PersonDate
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 Rachel Maureen Moore?

Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received 208 Restricted Share Units as a compensation grant. These RSUs were issued as dividend equivalents for second quarter 2026 and are economically equivalent to common shares, subject to vesting conditions.

How many Restricted Share Units does Rachel Maureen Moore hold after this Ovintiv (OVV) Form 4?

After the reported transaction, Rachel Maureen Moore holds 37,696 Restricted Share Units. These RSUs represent deferred stock-based compensation that vests over time under Ovintiv’s Omnibus Incentive Plan and the specific terms of her grant agreement.

What are the terms of the RSUs reported in Ovintiv (OVV) executive Form 4?

Each Restricted Share Unit is economically equivalent to one Ovintiv common share and yields additional dividend equivalent RSUs. Vesting and exercise follow the Omnibus Incentive Plan and the grant agreement, conditioned on continued employment through the applicable exercise dates.

Were the Ovintiv (OVV) RSUs granted to Rachel Maureen Moore open-market purchases?

No, the 208 Restricted Share Units were a compensation-related grant, not open-market purchases. They were issued as dividend equivalent RSUs in lieu of cash dividends for Ovintiv’s second quarter of 2026, with no cash price paid per unit.

What does “dividend equivalent RSUs” mean in Ovintiv (OVV) Form 4?

Dividend equivalent RSUs are additional Restricted Share Units granted instead of cash dividends on underlying awards. For Ovintiv, Moore received RSUs in lieu of second quarter 2026 cash dividends, maintaining economic alignment with common shareholders while keeping value in equity form.