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Ovintiv (OVV) EVP Moore receives 182 dividend-equivalent RSUs, total holdings 37,488

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

Rhea-AI Filing Summary

Ovintiv Inc. executive Rachel Maureen Moore, EVP Corporate Services, received a grant of 182 Restricted Share Units on March 31, 2026. Each RSU is economically equivalent to one share of Ovintiv common stock and includes dividend equivalent RSUs for the first quarter of 2026.

The RSUs will vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, subject to her continued employment through the applicable exercise dates. Following this award, Moore directly holds 37,488 shares or share-equivalent units in total.

Positive

  • None.

Negative

  • None.
Insider Moore Rachel Maureen
Role EVP, Corporate Services
Type Security Shares Price Value
Grant/Award Restricted Share Unit 182 $0.00 --
Holdings After Transaction: Restricted Share Unit — 37,488 shares (Direct)
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 first quarter of 2026.
RSUs granted 182 units Restricted Share Units granted March 31, 2026
Post-transaction holdings 37,488 shares/RSUs Total direct share-equivalent holdings after grant
Transaction price per RSU $0.00 per unit Compensation grant with no cash paid by insider
Quarter covered First quarter 2026 Dividend equivalent RSUs received in lieu of cash dividends
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
"and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance"
Omnibus Incentive Plan financial
"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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)
03/31/2026
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)03/31/2026A182 (1) (1)Common Stock182$0(2)37,488D
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 first quarter of 2026.
/s/Dawna Gibb, by Power of Attorney04/02/2026
** 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 did Ovintiv (OVV) report in this Form 4 for Rachel Moore?

Ovintiv reported that EVP Corporate Services Rachel Maureen Moore received 182 Restricted Share Units on March 31, 2026. These RSUs are equivalent to common shares and relate to dividend equivalents for first-quarter 2026, increasing her direct share-equivalent holdings to 37,488.

Is the Ovintiv (OVV) Form 4 transaction a stock purchase or sale?

The Form 4 reports an acquisition through a grant, not a market trade. Moore received 182 Restricted Share Units as a compensation-related award, coded as an "A" transaction for grant or other acquisition, with no open-market buying or selling disclosed.

How many Ovintiv (OVV) shares or equivalents does Rachel Moore hold after this filing?

After the reported grant, Rachel Moore directly holds 37,488 shares or share-equivalent Restricted Share Units. This total includes the 182 RSUs granted on March 31, 2026, which are economically equivalent to Ovintiv common stock and will vest under the Omnibus Incentive Plan.

What are the terms of the Restricted Share Units granted to the Ovintiv (OVV) executive?

Each RSU is economically equivalent to one Ovintiv common share and yields dividend equivalent RSUs. Vesting and exercise follow the Omnibus Incentive Plan and the applicable grant agreement, on the same schedule as underlying RSUs, subject to continued employment through each exercise date.

Why did Rachel Moore receive dividend equivalent RSUs from Ovintiv (OVV)?

The filing states that the 182 RSUs are dividend equivalent RSUs received instead of cash dividends for Ovintiv’s first quarter of 2026. Rather than paying cash, Ovintiv credited additional RSUs that mirror the economic value of the dividends on underlying share units.