How many Restricted Share Units were granted to the Ovintiv EVP & COO?

Gregory Dean Givens was granted three separate awards of 11,458 Restricted Share Units each. The Form 4 shows these as derivative securities, all dated March 5, 2026, reflecting additional equity-based compensation rather than open-market purchases or sales of Ovintiv common stock.

What is a Restricted Share Unit in the Ovintiv (OVV) Form 4 filing?

In this filing, each Restricted Share Unit is the economic equivalent of one Ovintiv common share and also earns dividend equivalent RSUs. This means the holder tracks the value and dividends of common stock without immediately receiving actual shares until vesting and exercise conditions are met.

Ovintiv EVP & COO granted RSU awards

Ovintiv Inc. executive vice president and chief operating officer Gregory Dean Givens reported equity compensation in the form of restricted share units.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ovintiv Inc. executive vice president and chief operating officer Gregory Dean Givens reported equity compensation in the form of restricted share units. On March 5, 2026, he received three grants of 11,458 Restricted Share Units (RSUs) each, at a stated price of $0.00 per unit.

Each RSU is the economic equivalent of one share of Ovintiv common stock and also yields dividend equivalent RSUs. Vesting will occur on the exercise date in line with Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement, and requires continued employment through the relevant exercise date.

Insider Trade Summary

Grant/Award: 34,374 shares

Grant/Award 3 txns

Insider Givens Gregory Dean

Role EVP & COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	11,458	$0.00	$0.00
Grant/Award	Restricted Share Unit	11,458	$0.00	$0.00
Grant/Award	Restricted Share Unit	11,458	$0.00	$0.00

Holdings After Transaction: Restricted Share Unit — 319,929 contracts (Direct)

Footnotes (1)

F1. 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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.

FAQ

What insider transaction did Ovintiv (OVV) report for Gregory Dean Givens?

Ovintiv reported that EVP & COO Gregory Dean Givens received three grants of 11,458 Restricted Share Units each. These equity awards were granted on March 5, 2026, as part of his compensation, with no cash price per unit listed in the filing.

Do the Ovintiv RSUs granted to Gregory Dean Givens have a purchase price?

The RSU awards in this Form 4 show a transaction price per unit of $0.00, indicating no cash paid by the executive at grant. Instead, they represent stock-based compensation that may convert into Ovintiv common shares upon vesting and exercise, subject to the plan’s terms.

When will the Ovintiv RSUs granted on March 5, 2026 vest?

The RSUs will vest on the exercise date in accordance with Ovintiv’s Omnibus Incentive Plan and the specific grant agreement. Vesting is conditioned on Gregory Dean Givens’ continued employment with Ovintiv through the applicable exercise date, aligning incentives with longer-term service.

Do the Ovintiv RSUs reported in this Form 4 earn dividends?

Yes. The footnote explains that each RSU yields dividend equivalent RSUs. This means that when Ovintiv pays dividends on its common stock, additional RSUs are credited so the award tracks dividend payments, enhancing the alignment of executive incentives with shareholder returns over time.

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

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Accepted by SEC EDGAR 03/09/2026 - 05:10 PM

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^*

Givens Gregory Dean

(Last)

(First)

(Middle)

C/O 370 17TH STREET, SUITE 1700

(Street)

DENVER

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 & COO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Unit	⁽¹⁾	03/05/2026		A		11,458		03/05/2027	03/05/2027	Common Stock	11,458	$0	95,185	D
Restricted Share Unit	⁽¹⁾	03/05/2026		A		11,458		03/05/2028	03/06/2028	Common Stock	11,458	$0	106,643	D
Restricted Share Unit	⁽¹⁾	03/05/2026		A		11,458		03/05/2029	03/05/2029	Common Stock	11,458	$0	118,101	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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.

	/s/Dawna Gibb, by Power of Attorney	03/09/2026
	** 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.

Source: View Original Filing on SEC EDGAR