What are the Deferred Share Units (DSUs) reported for Ovintiv (OVV)?

Each Deferred Share Unit is the economic equivalent of one share of Ovintiv common stock and yields dividend-equivalent DSUs, which are held until the director retires from the Board.

Ovintiv director reports 408 deferred share units acquisition

Q: What insider transaction did Ovintiv (OVV) report in this Form 4?

A director of Ovintiv Inc. reported acquiring 408 Deferred Share Units (DSUs) on 12/31/2025, tied to fourth-quarter 2025 dividend equivalents.

Q: Why did the Ovintiv (OVV) director receive 408 DSUs?

The 408 DSUs were dividend equivalent units received in lieu of cash dividends for the fourth quarter of 2025.

Q: How many Ovintiv (OVV) deferred share units does the director own after this transaction?

After the reported transaction, the director beneficially owned 54,019 derivative securities in the form of DSUs, held directly.

Q: What is the relationship of the reporting person to Ovintiv (OVV)?

The reporting person is identified as a Director of Ovintiv Inc. on the Form 4.

Q: Are the Ovintiv (OVV) DSUs acquired in this Form 4 held directly or indirectly?

The Form 4 indicates that the 54,019 DSUs are held with direct (D) ownership.

Ovintiv Inc. director reported a routine equity change involving deferred share units.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ovintiv Inc. director reported a routine equity change involving deferred share units. On 12/31/2025, the director acquired 408 Deferred Share Units (DSUs), each economically equivalent to one share of Ovintiv common stock. These DSUs were received as dividend equivalents in lieu of cash dividends for the fourth quarter of 2025 and will be held until the director retires from the Board.

Following this transaction, the director beneficially owned 54,019 derivative securities in the form of DSUs, held directly.

Insider Trade Summary

Grant/Award: 408 shares

Grant/Award 1 txn

Insider DEA PETER A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	408	$0.00	$0.00

Holdings After Transaction: Deferred Share Unit — 54,019 contracts (Direct)

Footnotes (2)

F1. 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.
F2. Dividend equivalent DSUs received in lieu of cash dividends for the fourth quarter of 2025.

FAQ

What insider transaction did Ovintiv (OVV) report in this Form 4?

A director of Ovintiv Inc. reported acquiring 408 Deferred Share Units (DSUs) on 12/31/2025, tied to fourth-quarter 2025 dividend equivalents.

Why did the Ovintiv (OVV) director receive 408 DSUs?

The 408 DSUs were dividend equivalent units received in lieu of cash dividends for the fourth quarter of 2025.

What is the relationship of the reporting person to Ovintiv (OVV)?

The reporting person is identified as a Director of Ovintiv Inc. on the Form 4.

Are the Ovintiv (OVV) DSUs acquired in this Form 4 held directly or indirectly?

The Form 4 indicates that the 54,019 DSUs are held with direct (D) ownership.

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Accepted by SEC EDGAR 01/05/2026 - 05:08 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^*

DEA PETER A

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

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)
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)
Deferred Share Unit	⁽¹⁾	12/31/2025		A		408		⁽¹⁾	⁽¹⁾	Common Stock	408	$0⁽²⁾	54,019	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.

2. Dividend equivalent DSUs 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.

Source: View Original Filing on SEC EDGAR