Ovintiv (OVV) director reports 81 new DSUs and 10,702 total units

Rhea-AI Filing Summary

Ovintiv Inc. director reported a routine equity compensation change involving deferred share units. On 12/31/2025, the director acquired 81 Deferred Share Units (DSUs), which are each the economic equivalent of 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 owns 10,702 derivative securities in the form of DSUs, held directly. The filing indicates the transaction was reported on behalf of the director under a power of attorney, reflecting standard insider reporting requirements rather than a discretionary open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gentle Meg

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	81	$0.00	--

Holdings After Transaction: Deferred Share Unit — 10,702 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 fourth quarter of 2025.

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^*

Gentle Meg

(Last) (First) (Middle)

C/O 370 17TH STREET, SUITE 1700

(Street)

DENVER CO 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)
			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
Deferred Share Unit	(1)	12/31/2025		A		81		(1)	(1)	Common Stock	81	$0(2)	10,702	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.

FAQ

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

The filing reports that a director of Ovintiv Inc. acquired 81 Deferred Share Units (DSUs) on 12/31/2025 as part of board-related equity compensation.

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

After the reported transaction, the director beneficially owns 10,702 derivative securities in the form of Deferred Share Units, held directly.

What is a Deferred Share Unit (DSU) in the context of Ovintiv Inc. (OVV)?

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

Why did the Ovintiv (OVV) director receive 81 DSUs on 12/31/2025?

The director received 81 DSUs as dividend equivalent DSUs in lieu of cash dividends for Ovintiv’s fourth quarter of 2025.

Is the Ovintiv (OVV) director considered an insider and what is their role?

Yes. The reporting person is identified as a Director of Ovintiv Inc., and the Form 4 is filed as a Form filed by One Reporting Person.

How are the Ovintiv (OVV) DSUs held by the director treated over time?

The DSUs, including dividend equivalent DSUs, are held until retirement from the Board, aligning director compensation with the company’s long-term performance.