STOCK TITAN

Ovintiv (OVV) CEO adds 1,733 dividend-equivalent RSUs, now holds 230,254

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

Rhea-AI Filing Summary

Ovintiv Inc.'s President & CEO, who also serves as a director, reported an equity transaction on 12/31/2025. The insider acquired 1,733 restricted share units (RSUs), each economically equivalent to one share of Ovintiv common stock. These RSUs were received as dividend equivalent RSUs in lieu of cash dividends for the fourth quarter of 2025.

The RSUs vest and become exercisable according to Ovintiv's Omnibus Incentive Plan and the applicable grant agreement, on the same schedule as the underlying RSUs and subject to continued employment with Ovintiv. Following this transaction, the insider beneficially owns 230,254 derivative securities, held directly.

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*
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)
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 1,733 (1) (1) Common Stock 1,733 $0(2) 230,254 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 transaction did Ovintiv (OVV) report in this filing?

The filing reports that Ovintiv Inc.'s President & CEO, who is also a director, acquired 1,733 restricted share units (RSUs) on 12/31/2025.

How many Ovintiv (OVV) RSUs does the insider own after this transaction?

After the reported transaction, the insider beneficially owns 230,254 derivative securities in the form of restricted share units, held directly.

What are the terms of the Ovintiv (OVV) restricted share units in this filing?

Each RSU is economically equivalent to one share of Ovintiv common stock, yields dividend equivalent RSUs, and vests and becomes exercisable under the Omnibus Incentive Plan and the applicable grant agreement, subject to continued employment.

Why did the Ovintiv (OVV) insider receive 1,733 RSUs on 12/31/2025?

The 1,733 RSUs were dividend equivalent RSUs received in lieu of cash dividends for the fourth quarter of 2025.

Does this Ovintiv (OVV) insider transaction involve common stock directly?

The transaction involves restricted share units that are each equivalent to one share of Ovintiv common stock. The underlying security for these RSUs is Ovintiv common stock.

What is the reported price for the Ovintiv (OVV) RSUs in this transaction?

The table shows a price of $0 for the 1,733 RSUs, consistent with RSUs granted as dividend equivalents rather than purchased for cash.

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9.79B
252.01M
0.51%
89.17%
3.24%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
DENVER