STOCK TITAN

Ovintiv (NYSE: OVV) EVP & CFO receives three 10,524-unit RSU grants

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

Rhea-AI Filing Summary

Ovintiv Inc. EVP & CFO Corey Douglas Code reported equity compensation awards in the form of restricted share units (RSUs). On March 5, 2026, he received three separate awards of 10,524 RSUs each at a price of $0.00 per unit.

Each RSU is the economic equivalent of one share of Ovintiv common stock and also earns dividend-equivalent RSUs. The RSUs vest on future exercise dates in line with the company’s Omnibus Incentive Plan and the grant agreements, and require his continued employment with Ovintiv through those exercise dates.

Positive

  • None.

Negative

  • None.
Insider Code Corey Douglas
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Restricted Share Unit 10,524 $0.00 --
Grant/Award Restricted Share Unit 10,524 $0.00 --
Grant/Award Restricted Share Unit 10,524 $0.00 --
Holdings After Transaction: Restricted Share Unit — 81,007 shares (Direct)
Footnotes (1)
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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*
Code Corey Douglas

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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
Restricted Share Unit (1) 03/05/2026 A 10,524 03/05/2027 03/05/2027 Common Stock 10,524 $0 81,007 D
Restricted Share Unit (1) 03/05/2026 A 10,524 03/05/2028 03/05/2028 Common Stock 10,524 $0 91,531 D
Restricted Share Unit (1) 03/05/2026 A 10,524 03/05/2029 03/05/2029 Common Stock 10,524 $0 102,055 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 will occur on the exercise date in accordance with the Omnibus Incentive Plan and applicable grant agreement, and subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
/s/Dawna Gibb, by Power of Attorney 03/09/2026
** 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 (OVV) report for Corey Douglas Code?

Ovintiv EVP & CFO Corey Douglas Code reported receiving three grants of 10,524 restricted share units each on March 5, 2026. These equity awards were recorded at a price of $0.00 per unit as part of his overall compensation package.

How many restricted share units did the Ovintiv CFO hold after these grants?

After the final March 5, 2026 award, Corey Douglas Code directly held 102,055 restricted share units. Each RSU represents the economic equivalent of one share of Ovintiv common stock and will settle according to the company’s Omnibus Incentive Plan and grant terms.

What does each Ovintiv restricted share unit (RSU) granted to the CFO represent?

Each restricted share unit granted to the CFO is the economic equivalent of one share of Ovintiv common stock. The RSUs also generate dividend-equivalent RSUs, mirroring regular dividends paid on common shares, and will ultimately convert into shares upon vesting and settlement.

On what conditions will the Ovintiv CFO’s RSU awards vest?

The RSU awards will vest on exercise dates set out in Ovintiv’s Omnibus Incentive Plan and related grant agreements. Vesting remains subject to Corey Douglas Code’s continued employment with Ovintiv through the applicable exercise dates specified in those governing documents.

Were any cash purchases or sales of Ovintiv stock reported in this Form 4?

No cash purchases or sales of Ovintiv common stock were reported. The filing only shows equity compensation grants of restricted share units at a stated price of $0.00 per unit, reflecting non-cash awards rather than open-market trading transactions.