Ovintiv CEO exercises 5,098 SARs, returns shares

Ovintiv Inc. President & CEO Brendan Michael McCracken exercised 5,098 Stock Appreciation Rights on August 11, 2026 at an exercise price of $22.95 per right, receiving 5,098 shares of common stock.

Rhea-AI Filing Summary

Ovintiv Inc. President & CEO Brendan Michael McCracken exercised 5,098 Stock Appreciation Rights on August 11, 2026 at an exercise price of $22.95 per right, receiving 5,098 shares of common stock. On the same date, he disposed of 5,098 common shares to the issuer at $63.56 per share, and the exercised Stock Appreciation Rights position was reduced to zero. Each Stock Appreciation Right was the economic equivalent of one share of Ovintiv common stock.

Insider Trade Summary

5,098 shares exercised/converted

Exercise 3 txns

Insider McCracken Brendan Michael

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Stock Appreciation Rights F1	5,098	$0.00	$0.00
Exercise	Common Stock	5,098	$22.95	$117K
Disposition	Common Stock	5,098	$63.56	$324K

Holdings After Transaction: Stock Appreciation Rights — 0 contracts (Direct); Common Stock — 297,192 shares (Direct)

Footnotes (1)

1. F1. Each Stock Appreciation Right is the economic equivalent of one share of Ovintiv Inc. common stock.

Key Figures

Stock Appreciation Rights exercised: 5,098 rights SAR exercise price: $22.95 per right Common shares acquired on exercise: 5,098 shares +3 more

6 metrics

Stock Appreciation Rights exercised 5,098 rights Exercise of Stock Appreciation Rights on August 11, 2026

SAR exercise price $22.95 per right Conversion or exercise price for Stock Appreciation Rights

Common shares acquired on exercise 5,098 shares Common stock received upon SAR exercise on August 11, 2026

Common shares disposed to issuer 5,098 shares Disposition to Ovintiv at $63.56 per share on August 11, 2026

Disposition price $63.56 per share Price for common stock disposition to issuer

Stock Appreciation Rights remaining 0 rights Total SARs following the reported exercise transaction

Key Terms

Stock Appreciation Rights, Exercise or conversion of derivative security, Disposition to issuer, economic equivalent

4 terms

Stock Appreciation Rights financial

"Each Stock Appreciation Right is the economic equivalent of one share"

Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Disposition to issuer financial

"transaction_code_description: Disposition to issuer"

economic equivalent financial

"Each Stock Appreciation Right is the economic equivalent of one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ovintiv (OVV) CEO Brendan McCracken report in this Form 4?

Brendan Michael McCracken exercised 5,098 Stock Appreciation Rights at $22.95 on August 11, 2026, receiving 5,098 common shares, then disposed of 5,098 shares to Ovintiv at $63.56 per share the same day.

How many Ovintiv (OVV) Stock Appreciation Rights did the CEO exercise?

The CEO exercised 5,098 Stock Appreciation Rights. Each right was the economic equivalent of one share of Ovintiv common stock, resulting in the acquisition of 5,098 common shares before a same-day disposition to the issuer.

What prices were involved in the Ovintiv (OVV) CEO’s August 11, 2026 transactions?

The Stock Appreciation Rights were exercised at an exercise price of $22.95 per right. The resulting 5,098 common shares were then disposed of to Ovintiv at a price of $63.56 per share on August 11, 2026.

Did Ovintiv (OVV) CEO Brendan McCracken retain any of the exercised Stock Appreciation Rights?

No. After exercising 5,098 Stock Appreciation Rights, the total Stock Appreciation Rights following the transaction was 0. The exercise converted the rights into common stock, which was then fully disposed of back to the issuer.

Were Ovintiv (OVV) CEO’s Form 4 transactions under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as a plan, and there is no footnote indicating these transactions were executed under a Rule 10b5-1 trading arrangement for the CEO.

What does each Ovintiv (OVV) Stock Appreciation Right represent for the CEO?

Each Stock Appreciation Right is disclosed as the economic equivalent of one share of Ovintiv Inc. common stock. Exercising 5,098 Stock Appreciation Rights therefore corresponded to 5,098 underlying common shares for the CEO.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/13/2026 - 05:01 PM Accepted by SEC EDGAR 08/13/2026 - 05:01 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/11/2026		M		5,098	A	$22.95	302,290	D
Common Stock	08/11/2026		D		5,098	D	$63.56	297,192	D

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
Stock Appreciation Rights(1)	$22.95	08/11/2026		M			5,098	09/10/2019	09/10/2026	Common Stock	5,098	$0	0	D

Explanation of Responses:

1. Each Stock Appreciation Right is the economic equivalent of one share of Ovintiv Inc. common stock.

	/s/ Dawna Gibb, by Power of Attorney	08/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)