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Ovintiv (OVV) director adds 14 deferred share units, now holds 1,860

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

Rhea-AI Filing Summary

Ovintiv Inc. director reports additional deferred share units from dividends. On 12/31/2025, the reporting person acquired 14 Deferred Share Units (DSUs), which are each the economic equivalent of one share of Ovintiv common stock and generate dividend-equivalent DSUs. These units were received in lieu of cash dividends for the fourth quarter of 2025 and are held until the director retires from the Board. Following this transaction, the director beneficially owns 1,860 DSUs on a direct basis.

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Insider Chhina Sippy
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit 14 $0.00 --
Holdings After Transaction: Deferred Share Unit — 1,860 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*
Chhina Sippy

(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 14 (1) (1) Common Stock 14 $0(2) 1,860 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) report in this filing?

A director of Ovintiv Inc. reported acquiring 14 Deferred Share Units (DSUs) on 12/31/2025, tied to fourth-quarter 2025 dividend equivalents.

What is a Deferred Share Unit (DSU) for Ovintiv Inc. (OVV) directors?

Each Deferred Share Unit (DSU) is the economic equivalent of one share of Ovintiv common stock, yields dividend-equivalent DSUs, and is held until the director retires from the Board.

How many Ovintiv DSUs does the director own after this transaction?

After acquiring 14 DSUs, the director beneficially owns 1,860 Deferred Share Units directly.

Why did the Ovintiv director receive 14 DSUs on 12/31/2025?

The 14 DSUs represent dividend equivalent DSUs received in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.

Are the reported Ovintiv DSUs immediately payable in shares or cash?

The DSUs are held until retirement from the Board, at which time they are typically settled according to Ovintiv’s plan terms.

What is the reported price of the new Ovintiv DSUs?

The filing lists the price of the newly acquired Deferred Share Units as $0, reflecting their issuance as dividend equivalents rather than open-market purchases.