Ovintiv (OVV) director receives 3 deferred share units as dividend-equivalent award

Rhea-AI Filing Summary

Ovintiv Inc. director Terri Gay King received 3 Deferred Share Units (DSUs), a compensation-related award recorded as an acquisition of derivative securities. Each DSU is economically equivalent to one share of Ovintiv common stock and accrues dividend-equivalent DSUs. After this grant, King holds 410 DSUs, which are retained until retirement from the Board.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider King Terri Gay

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	3	$0.00	--

Holdings After Transaction: Deferred Share Unit — 410 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 second quarter of 2026.

Key Figures

Deferred Share Units granted: 3 units DSUs after transaction: 410 units DSU-to-share equivalence: 1 DSU : 1 common share

3 metrics

Deferred Share Units granted 3 units Grant/award acquisition on 2026-06-30

DSUs after transaction 410 units Total Deferred Share Units held following grant

DSU-to-share equivalence 1 DSU : 1 common share Each DSU economically equals one Ovintiv common share

Key Terms

Deferred Share Unit, dividend equivalent DSUs, Grant, award, or other acquisition, derivative securities

4 terms

Deferred Share Unit financial

"Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock"

dividend equivalent DSUs financial

"Each Deferred Share Unit ("DSU") ... yields dividend equivalent DSUs."

Grant, award, or other acquisition financial

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

derivative securities financial

"transaction_type": "derivative""

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:49 PM Accepted by SEC EDGAR 07/02/2026 - 04:48 PM Learn about SEC filing dates

FAQ

What insider transaction did Ovintiv (OVV) director Terri Gay King report?

Terri Gay King reported receiving 3 Deferred Share Units (DSUs) as a compensation-related award. These DSUs are derivative securities tied to Ovintiv common stock and increase her total DSU holdings to 410 units after the transaction.

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

A Deferred Share Unit is a derivative security economically equivalent to one Ovintiv common share. DSUs also generate dividend-equivalent DSUs and are typically held on a deferred basis, with this filing stating they are retained until the director retires from the Board.

How many Deferred Share Units does the Ovintiv (OVV) director hold after this Form 4?

Following the reported grant, Terri Gay King holds 410 Deferred Share Units. This total includes the 3 DSUs awarded in this transaction, which were received as dividend-equivalent units related to Ovintiv’s second-quarter 2026 cash dividend.

Were the Ovintiv (OVV) Deferred Share Units acquired through a market purchase or a grant?

The 3 Deferred Share Units were acquired as a grant or award, not through an open-market purchase. The transaction code “A” and description indicate a grant or similar acquisition, specifically representing dividend-equivalent DSUs received instead of cash dividends.

What do the Ovintiv (OVV) Form 4 footnotes say about the DSUs?

The footnotes explain that each DSU equals one Ovintiv common share and earns dividend-equivalent DSUs. They also clarify that the 3 DSUs in this filing were received in lieu of cash dividends for the second quarter of 2026 and are held until Board retirement.

Does the Ovintiv (OVV) Form 4 indicate any insider share sales?

The Form 4 shows no insider share sales. It reports a single acquisition transaction coded “A” for 3 Deferred Share Units, categorized as a grant or award, increasing the director’s total DSU holdings to 410 units after the transaction.

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^*

King Terri Gay

(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)

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

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
Deferred Share Unit	(1)	06/30/2026		A		3		(1)	(1)	Common Stock	3	$0(2)	410	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 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)