Ovintiv (NYSE: OVV) EVP receives 230 dividend-equivalent RSUs, holding 46,692

Rhea-AI Filing Summary

Ovintiv Inc. executive Meghan Nicole Eilers received a compensation-related grant of 230 Restricted Share Units, or RSUs, tied to first-quarter 2026 dividends. Each RSU is economically equivalent to one share of Ovintiv common stock and also yields dividend-equivalent RSUs.

After this grant, Eilers directly holds 46,692 RSUs representing the right to receive an equal number of common shares. These RSUs 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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Eilers Meghan Nicole

Role EVP, M&M & GC

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	230	$0.00	--

Holdings After Transaction: Restricted Share Unit — 46,692 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.

Key Figures

RSUs granted: 230 RSUs RSUs after transaction: 46,692 RSUs RSU-to-share ratio: 1 RSU = 1 share +1 more

4 metrics

RSUs granted 230 RSUs Dividend equivalent RSUs for first quarter of 2026

RSUs after transaction 46,692 RSUs Total Restricted Share Units directly held after grant

RSU-to-share ratio 1 RSU = 1 share Each RSU is economic equivalent of one Ovintiv common share

Transaction date March 31, 2026 Date RSU grant was reported for dividend equivalents

Key Terms

Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan

3 terms

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

"Each Restricted Share Unit ... yields dividend equivalent RSUs."

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Eilers Meghan Nicole

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, M&M & GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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)	03/31/2026		A		230		(1)	(1)	Common Stock	230	$0(2)	46,692	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 first quarter of 2026.

	/s/Dawna Gibb, by Power of Attorney	04/02/2026
	** 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)

FAQ

What insider transaction did Ovintiv (OVV) report for Meghan Nicole Eilers?

Ovintiv reported that EVP, M&M & GC Meghan Nicole Eilers received 230 Restricted Share Units as a grant. These RSUs are tied to first-quarter 2026 dividend equivalents and increase her direct RSU-based interest in Ovintiv common stock.

How many Ovintiv (OVV) RSUs does Meghan Nicole Eilers hold after this Form 4?

Following the reported transaction, Meghan Nicole Eilers holds 46,692 Restricted Share Units directly. Each RSU represents the economic equivalent of one Ovintiv common share, subject to vesting and exercisability under the Omnibus Incentive Plan and grant agreement.

What are Restricted Share Units (RSUs) in this Ovintiv (OVV) filing?

In this filing, each Ovintiv RSU is the economic equivalent of one common share and also earns dividend-equivalent RSUs. The units vest and become exercisable according to the Omnibus Incentive Plan and the applicable grant agreement, contingent on continued employment through the exercise date.

Why did Ovintiv (OVV) grant 230 RSUs to Meghan Nicole Eilers?

The 230 RSUs were granted as dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026. This means dividends that would have been paid in cash instead accrued as additional RSUs tied to Ovintiv common stock.

Do the Ovintiv (OVV) RSUs for Meghan Nicole Eilers pay dividends?

Yes, each RSU yields dividend-equivalent RSUs rather than cash dividends. For the first quarter of 2026, dividend payments were converted into 230 additional RSUs, aligning her compensation with Ovintiv’s equity performance over time instead of immediate cash.