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Ovintiv Inc. (OVV) EVP reports 276 new RSUs and 36,461 total units

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

Rhea-AI Filing Summary

Ovintiv Inc. executive reports dividend equivalent RSUs on Form 4. An officer of Ovintiv Inc., serving as EVP, Corporate Services, reported an acquisition of 276 restricted share units (RSUs) on 12/31/2025. Each RSU is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs.

The 276 RSUs were credited as dividend equivalent RSUs received in lieu of cash dividends for the fourth quarter of 2025, at a stated price of $0. Following this transaction, the reporting person beneficially owned 36,461 derivative securities in the form of RSUs, held directly. Vesting and exercise of these RSUs will occur under Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, subject to the executive’s continued employment through the relevant exercise dates.

Positive

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Insider Moore Rachel Maureen
Role EVP, Corporate Services
Type Security Shares Price Value
Grant/Award Restricted Share Unit 276 $0.00 --
Holdings After Transaction: Restricted Share Unit — 36,461 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 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*
Moore Rachel Maureen

(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, Corporate Services
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 276 (1) (1) Common Stock 276 $0(2) 36,461 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 Inc. (OVV) report in this Form 4?

The filing reports that an Ovintiv Inc. officer acquired 276 restricted share units (RSUs) on 12/31/2025, which are derivative securities linked to Ovintiv common stock.

Who is the reporting person in the Ovintiv Inc. (OVV) Form 4 and what is their role?

The reporting person is an officer of Ovintiv Inc. with the title EVP, Corporate Services, as indicated in the relationship section of the filing.

How many Ovintiv (OVV) restricted share units does the executive own after this transaction?

After acquiring 276 RSUs in this transaction, the reporting person beneficially owned 36,461 derivative securities in the form of restricted share units, held directly.

What are the terms of the Ovintiv (OVV) restricted share units reported in this Form 4?

Each restricted share unit is the economic equivalent of one share of Ovintiv common stock and yields dividend equivalent RSUs. Vesting and exercise follow the Omnibus Incentive Plan and the applicable grant agreement, subject to continued employment through the exercise date.

Why did the Ovintiv (OVV) executive receive 276 dividend equivalent RSUs?

The filing states that the 276 dividend equivalent RSUs were received in lieu of cash dividends for the fourth quarter of 2025, effectively reinvesting the dividend into additional RSUs.

What price is associated with the Ovintiv (OVV) dividend equivalent RSUs in this Form 4?

The table lists a price of $0 for the restricted share unit transaction, consistent with RSUs and dividend equivalent units granted as equity rather than purchased for cash.