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Ovintiv (OVV) director receives 48 DSUs as Q1 2026 dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mayson Howard John reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc. director Mayson Howard John received 48 Deferred Share Units as compensation. These DSUs are the economic equivalent of 48 shares of Ovintiv common stock and were received as dividend equivalent DSUs for the first quarter of 2026. Following this grant, John holds 10,028 Deferred Share Units directly. The DSUs yield dividend equivalents and are held until retirement from the Board.

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Insider Mayson Howard John
Role Director
Type Security Shares Price Value
Grant/Award Deferred Share Unit 48 $0.00 --
Holdings After Transaction: Deferred Share Unit — 10,028 shares (Direct)
Footnotes (1)
  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. Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2026.
Deferred Share Units granted 48 units Dividend equivalent DSUs for Q1 2026
Price per DSU $0.0000 Form 4 transaction price per unit
DSUs after transaction 10,028 units Total Deferred Share Units held directly after grant
Underlying common shares 48 shares Each DSU equals one Ovintiv common share
Deferred Share Unit financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock"
dividend equivalent DSUs financial
"and yields dividend equivalent DSUs. DSUs are held until retirement from the Board."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Mayson Howard John
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Unit(1)03/31/2026A48 (1) (1)Common Stock48$0(2)10,028D
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 first quarter of 2026.
/s/Dawna Gibb, by Power of Attorney04/02/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ovintiv (OVV) report for Mayson Howard John?

Ovintiv reported that director Mayson Howard John acquired 48 Deferred Share Units. These units were granted as dividend equivalent DSUs for the first quarter of 2026 and increase his total DSU holdings to 10,028 units held directly.

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

A Deferred Share Unit is the economic equivalent of one Ovintiv common share. DSUs also generate dividend equivalent DSUs and, according to the filing, are held until the holder retires from the Board, aligning director compensation with shareholder value.

How many Ovintiv (OVV) Deferred Share Units does Mayson Howard John now hold?

After the reported transaction, Mayson Howard John holds 10,028 Deferred Share Units. The Form 4 shows a grant of 48 DSUs for first-quarter 2026 dividend equivalents, which increased his existing DSU balance to this reported post-transaction total.

Was the Ovintiv (OVV) Form 4 transaction an open-market buy or sell?

The Form 4 shows a grant of 48 Deferred Share Units coded as an acquisition, not an open-market trade. It reflects compensation in the form of DSUs and dividend equivalents rather than a purchase or sale on the open market.

How do dividend equivalent DSUs work for Ovintiv (OVV) directors?

Dividend equivalent DSUs are received instead of cash dividends and mirror Ovintiv’s common stock dividends. For first-quarter 2026, Mayson Howard John received 48 such DSUs, which will be held alongside other DSUs until his retirement from the Board.