Ovintiv (OVV) COO receives 385 dividend-equivalent RSUs

Rhea-AI Filing Summary

Ovintiv Inc. EVP & COO Gregory Dean Givens received a grant of 385 Restricted Share Units (RSUs), reported as a derivative acquisition on common stock. Each RSU is the economic equivalent of one Ovintiv common share and includes dividend equivalent RSUs linked to cash dividends.

The RSUs were credited in lieu of cash dividends for the first quarter of 2026 and will vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, subject to his continued employment. Following this grant, Givens directly holds 78,256 shares or share-equivalent units in total.

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	385	$0.00	--

Holdings After Transaction: Restricted Share Unit — 78,256 shares (Direct)

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 first quarter of 2026.

Key Figures

RSUs granted: 385 RSUs Total holdings after grant: 78,256 shares/units RSU-to-share ratio: 1 RSU : 1 common share +1 more

4 metrics

RSUs granted 385 RSUs Grant/award acquisition reported on Form 4

Total holdings after grant 78,256 shares/units Total Ovintiv-related holding following RSU grant

RSU-to-share ratio 1 RSU : 1 common share Each Restricted Share Unit is economic equivalent of one share

Dividend period First quarter 2026 Dividend equivalent RSUs received in lieu of cash dividends

Key Terms

Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan

3 terms

Restricted Share Unit financial

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

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

"and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan"

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.

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^*

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)
03/31/2026

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)	03/31/2026		A		385		(1)	(1)	Common Stock	385	$0(2)	78,256	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 first quarter of 2026.

	/s/Dawna Gibb, by Power of Attorney	04/02/2026
	** 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) report for EVP & COO Gregory Givens?

Ovintiv reported that EVP & COO Gregory Dean Givens received 385 Restricted Share Units. These RSUs are compensation-related awards economically equivalent to common shares, including dividend equivalents, rather than open-market stock purchases or sales.

How many Restricted Share Units did the Ovintiv (OVV) COO receive in this Form 4?

The COO, Gregory Dean Givens, received 385 Restricted Share Units. Each RSU represents the economic equivalent of one Ovintiv common share and includes dividend equivalents tied to cash dividends for the first quarter of 2026.

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

Dividend equivalent RSUs are units granted in lieu of cash dividends, here for Ovintiv’s first quarter of 2026. They track common stock dividends and are credited as additional RSUs that vest on the same schedule as the underlying RSU awards.

What is Gregory Givens’ total Ovintiv-related holding after this RSU grant?

After this RSU grant, Gregory Dean Givens holds 78,256 shares or share-equivalent units directly. This total reflects his position following the 385 Restricted Share Units credited as dividend equivalents for first quarter 2026.

How do the granted Ovintiv (OVV) RSUs vest for the COO?

The RSUs vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the specific grant agreement. Vesting follows the same schedule as the underlying RSUs and is conditioned on Gregory Givens’ continued employment through the applicable exercise date.