Ovintiv (OVV) director Meg Gentle receives 55 deferred share units as Q1 2026 dividend

Rhea-AI Filing Summary

Gentle Meg reported acquisition or exercise transactions in this Form 4 filing.

Ovintiv Inc. director Meg Gentle received a grant of 55 Deferred Share Units (DSUs) on March 31, 2026 as a compensation-related award. Each DSU is the economic equivalent of one share of Ovintiv common stock and accrues dividend-equivalent DSUs. These units are held until retirement from the Board.

The award represents dividend-equivalent DSUs issued in lieu of cash dividends for the first quarter of 2026 and increases Gentle’s direct DSU holdings to 11,339 units, aligning her compensation further with shareholder outcomes rather than being an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gentle Meg

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	55	$0.00	--

Holdings After Transaction: Deferred Share Unit — 11,339 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.

Key Figures

Deferred Share Units granted: 55 units DSUs after transaction: 11,339 units DSU-to-share ratio: 1 DSU = 1 share +1 more

4 metrics

Deferred Share Units granted 55 units Compensation grant on March 31, 2026

DSUs after transaction 11,339 units Total Deferred Share Units held by Meg Gentle after grant

DSU-to-share ratio 1 DSU = 1 share Each DSU economically equals one Ovintiv common share

Related period Q1 2026 Dividend-equivalent DSUs received in lieu of cash dividends

Key Terms

Deferred Share Unit, dividend equivalent DSUs, economic equivalent

3 terms

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."

economic equivalent financial

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

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 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)
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
Deferred Share Unit	(1)	03/31/2026		A		55		(1)	(1)	Common Stock	55	$0(2)	11,339	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 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) director Meg Gentle report?

Meg Gentle reported receiving 55 Deferred Share Units as a compensation-related grant. The units represent dividend-equivalent DSUs issued instead of cash dividends for the first quarter of 2026, increasing her total DSU holdings to 11,339 units linked to Ovintiv common stock performance.

Is Meg Gentle buying or selling Ovintiv (OVV) shares in this Form 4?

This Form 4 shows an acquisition through a grant, not an open-market trade. Gentle received 55 Deferred Share Units as part of director compensation, tied to dividends, rather than choosing to buy or sell Ovintiv shares in the public market.

How many Deferred Share Units does Meg Gentle hold after this Ovintiv (OVV) award?

After this award, Meg Gentle holds 11,339 Deferred Share Units. These DSUs are economically equivalent to Ovintiv common shares and are designed to track shareholder value, remaining outstanding until she retires from the company’s Board of Directors.

What are Deferred Share Units in the context of Ovintiv (OVV)?

Deferred Share Units are director compensation instruments economically equivalent to one Ovintiv common share. They also yield dividend-equivalent DSUs instead of cash dividends and are generally held until the director retires from the Board, helping align director and shareholder interests over time.

What period do the dividend-equivalent DSUs for Ovintiv (OVV) relate to?

The 55 Deferred Share Units reported are dividend-equivalent DSUs for the first quarter of 2026. They were received in lieu of cash dividends, meaning the director’s dividend compensation for that quarter was paid in DSUs rather than cash.