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Ovintiv Inc. (OVV) officer granted 354 dividend-equivalent RSUs, now holds 46,971

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

Rhea-AI Filing Summary

Ovintiv Inc. reported an insider equity transaction by an executive officer. The reporting person, identified as an officer with the title EVP, M&M & GC, filed as a single reporting person for a transaction dated 12/31/2025. The filing shows an award of 354 restricted share units (RSUs) classified as derivative securities in Table II. Each RSU represents the economic equivalent of one share of Ovintiv common stock and includes dividend equivalent RSUs, vesting and becoming exercisable under Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, subject to continued employment. The 354 RSUs represent dividend equivalent RSUs received in lieu of cash dividends for the fourth quarter of 2025. Following this transaction, the reporting person beneficially owned 46,971 derivative securities in the form of RSUs, held as a direct ownership position.

Positive

  • None.

Negative

  • None.
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*
Eilers Meghan Nicole

(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, M&M & GC
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
Restricted Share Unit (1) 12/31/2025 A 354 (1) (1) Common Stock 354 $0(2) 46,971 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 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 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 equity transaction did Ovintiv Inc. (OVV) report in this filing?

The filing reports that an Ovintiv executive officer received 354 restricted share units (RSUs) on 12/31/2025. These RSUs are derivative securities linked to Ovintiv common stock.

Who is the reporting person in this Ovintiv Inc. (OVV) insider transaction?

The reporting person is an officer of Ovintiv Inc. with the title EVP, M&M & GC, filing individually as one reporting person.

How many Ovintiv Inc. (OVV) restricted share units does the insider hold after this transaction?

After the reported transaction, the insider beneficially owned 46,971 derivative securities in the form of restricted share units, held as a direct ownership position.

What does each restricted share unit represent for Ovintiv Inc. (OVV)?

Each restricted share unit is the economic equivalent of one share of Ovintiv common stock and also yields dividend equivalent RSUs, subject to the terms of the Omnibus Incentive Plan and the grant agreement.

Why were 354 Ovintiv Inc. (OVV) RSUs granted in this transaction?

The 354 RSUs represent dividend equivalent restricted share units received in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.

What conditions apply to vesting of the Ovintiv Inc. (OVV) RSUs in this filing?

Vesting and exercise of the RSUs will occur under Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, on the same schedule as the underlying RSUs, and require the grantee’s continued employment through the exercise date.

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10.01B
252.04M
0.51%
89.17%
3.24%
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United States
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