[Form 4] Ovintiv Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ovintiv Inc. (OVV) reported a director’s equity transaction on Form 4. On November 10, 2025, the reporting person acquired 740 Deferred Share Units (DSUs) at a reported price of $0, reflecting a board equity award rather than an open‑market purchase. Following this grant, the reporting person beneficially owns 10,621 derivative securities, held directly.

Each DSU is the economic equivalent of one share of Ovintiv common stock, accrues dividend‑equivalent DSUs, and is held until the individual retires from the Board.

Insights

Equity Compensation & Governance Analyst

Routine director DSU award; neutral governance disclosure.

Ovintiv disclosed a standard board compensation item: an award of 740 DSUs on November 10, 2025 at a reported price of $0, consistent with non-cash director grants. DSUs are economically equivalent to common shares and accumulate dividend‑equivalent DSUs.

The filing shows total derivative securities beneficially owned at 10,621, held directly. This is administrative and typical for public company boards. Actual impact depends on future vesting/board tenure mechanics stated: DSUs are held until retirement from the Board.

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^*

Gentle Meg

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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
Deferred Share Unit	(1)	11/10/2025		A		740		(1)	(1)	Common Stock	740	$0	10,621	D

Explanation of Responses:

1. Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and yields dividend equivalent DSUs. DSUs are held until retirement from the Board.

	/s/Dawna Gibb, by Power of Attorney	11/12/2025
	** 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 did Ovintiv (OVV) disclose in this Form 4?

A director received an equity award of 740 Deferred Share Units on November 10, 2025.

How many DSUs were awarded and at what price?

The filing lists 740 DSUs at a reported price of $0.

How many derivative securities does the reporting person own after the transaction?

Beneficial ownership after the transaction is 10,621 derivative securities, held directly.

What is a Deferred Share Unit (DSU) according to the filing?

Each DSU is the economic equivalent of one common share and yields dividend‑equivalent DSUs until paid out at board retirement.

When will the DSUs be settled?

Per the disclosure, DSUs are held until retirement from the Board.

Was this an open‑market purchase?

No. The transaction is an equity award with a reported price of $0.