Ovintiv (NYSE: OVV) COO granted 441 dividend-equivalent RSUs

Rhea-AI Filing Summary

Givens Gregory Dean reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc.’s EVP & COO Gregory Dean Givens reported a grant of 441 Restricted Share Units (RSUs) tied to common stock. These RSUs are dividend-equivalent units received in lieu of a cash dividend for the second quarter of 2026 under Ovintiv’s Omnibus Incentive Plan.

Each RSU is economically equivalent to one Ovintiv common share and includes dividend-equivalent rights, vesting according to the applicable grant agreement and plan rules, contingent on continued employment. Following this award, Givens directly holds 78,697 RSUs representing compensation-based equity rather than open‑market purchases.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Givens Gregory Dean

Role EVP & COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	441	$0.00	--

Holdings After Transaction: Restricted Share Unit — 78,697 shares (Direct, null)

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 second quarter of 2026.

Key Figures

RSUs granted: 441 RSUs Total RSU holdings after grant: 78,697 RSUs RSU grant price: $0.00 per unit +1 more

4 metrics

RSUs granted 441 RSUs Dividend-equivalent units for second quarter of 2026

Total RSU holdings after grant 78,697 RSUs Direct holdings by EVP & COO Gregory Givens after transaction

RSU grant price $0.00 per unit Compensation-related award, not an open-market purchase

Transaction date June 30, 2026 Grant/award acquisition of dividend-equivalent RSUs

Key Terms

Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan, grant, award, or other acquisition

4 terms

Restricted Share Unit financial

"Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc."

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 ("RSU'') is the economic equivalent of one share of common stock ... and 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.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 05:04 PM Accepted by SEC EDGAR 07/02/2026 - 05:04 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^*

Givens Gregory Dean

(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 & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)	06/30/2026		A		441		(1)	(1)	Common Stock	441	$0(2)	78,697	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 second quarter of 2026.

	/s/Dawna Gibb, by Power of Attorney	07/02/2026
	** 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) EVP & COO Gregory Givens report?

Gregory Givens reported receiving 441 Restricted Share Units as a compensation-related grant. These RSUs are dividend-equivalent units issued instead of a cash dividend for Ovintiv’s second quarter of 2026, adding to his existing equity-based holdings with no open-market share purchase or sale.

How many Ovintiv RSUs does Gregory Givens hold after this Form 4 transaction?

After the grant of 441 dividend-equivalent RSUs, Gregory Givens holds 78,697 Restricted Share Units in total. These units are tied to Ovintiv common stock and vest according to the Omnibus Incentive Plan and grant agreement, subject to his continued employment with the company.

What are dividend-equivalent RSUs in the Ovintiv (OVV) Form 4 filing?

Dividend-equivalent RSUs are Restricted Share Units that mirror the value of one Ovintiv common share, including dividend rights. Instead of receiving cash dividends for second-quarter 2026, Gregory Givens received 441 such RSUs, which vest on the same schedule as related underlying RSU awards.

Was the Ovintiv (OVV) Form 4 transaction a market buy or sell of shares?

The transaction was not a market buy or sell; it was a grant of 441 dividend-equivalent RSUs. These units were awarded as compensation in lieu of a cash dividend under the company’s Omnibus Incentive Plan, reflecting equity-based pay rather than trading activity in Ovintiv stock.

What plan governs the RSU grant reported in Ovintiv (OVV) EVP & COO’s Form 4?

The RSU grant is governed by Ovintiv’s Omnibus Incentive Plan and the specific grant agreement. Vesting and exercisability of the 441 dividend-equivalent RSUs follow the same schedule as the underlying RSUs, and remain contingent on Gregory Givens’ continued employment with Ovintiv through each applicable vesting date.