Ovintiv (OVV) director Meg Gentle receives 493 deferred share units as board compensation

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 493 Deferred Share Units, or DSUs, which are derivative securities tied to Ovintiv common stock. Each DSU is the economic equivalent of one common share and accrues dividend-equivalent DSUs over time.

After this award, Gentle holds 11,832 DSUs directly. These DSUs are held until retirement from the Board, so they function as long-term, stock-based compensation that aligns director pay with shareholder value.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gentle Meg

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Unit	493	$0.00	--

Holdings After Transaction: Deferred Share Unit — 11,832 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

DSUs granted: 493 Deferred Share Units Post-transaction DSU holdings: 11,832 Deferred Share Units Transaction price per DSU: $0.0000 per unit +2 more

5 metrics

DSUs granted 493 Deferred Share Units Grant/award acquisition on 2026-05-15

Post-transaction DSU holdings 11,832 Deferred Share Units Total DSUs following the transaction

Transaction price per DSU $0.0000 per unit Non-cash equity compensation grant

Underlying common stock 493 common shares equivalent Each DSU equals one Ovintiv common share

Transaction code A (Grant, award, or other acquisition) SEC Form 4 transaction code description

Key Terms

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

4 terms

Deferred Share Unit financial

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

dividend equivalent DSUs financial

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

economic equivalent financial

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

Grant, award, or other acquisition financial

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

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)
05/15/2026

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)	05/15/2026		A		493		(1)	(1)	Common Stock	493	$0	11,832	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.

	/s/Dawna Gibb, by Power of Attorney	05/19/2026
	** 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 493 Deferred Share Units as a grant. These DSUs are a form of stock-based compensation linked to Ovintiv common shares, increasing her total DSU holdings to 11,832 units after the transaction.

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

A Deferred Share Unit is the economic equivalent of one Ovintiv common share. DSUs track the share price, receive dividend-equivalent DSUs, and are typically settled in cash or shares at a later date, often upon retirement or leaving the board.

How many Ovintiv (OVV) DSUs does Meg Gentle hold after this grant?

Following the grant, Meg Gentle holds 11,832 Deferred Share Units. This total reflects the 493 new DSUs awarded plus her prior balance and represents her accumulated stock-based compensation as a director of Ovintiv.

Does the Ovintiv (OVV) DSU grant involve any cash transaction?

The DSU grant to Meg Gentle was recorded at a price of 0.0000 per unit, indicating no cash was paid by her. It is a non-cash equity-based compensation award granted by Ovintiv as part of her director remuneration.

When can Meg Gentle access the Ovintiv (OVV) Deferred Share Units?

The DSUs are held until her retirement from the Ovintiv Board. This means she generally cannot access or settle these units before leaving board service, reinforcing their role as long-term incentive compensation aligned with company performance.