Chhina Sippy 4

What Happened Chhina Sippy, a director of Ovintiv Inc., was granted 414 Deferred Share Units (DSUs) on May 15, 2026. The award is reported as 414 units at $0.00 (no cash paid) and is a derivative award rather than an open‑market purchase or sale. DSUs represent the economic equivalent of one share of Ovintiv common stock and will be settled after Sippy retires from the Board.

Key Details

• Transaction date and type: 2026-05-15 — Grant/Award of 414 DSUs (derivative, reported at $0.00 per unit).
• Filing date: Form 4 filed 2026-05-19 (filed within the normal two business‑day window after a 5/15 transaction).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each DSU equals one share economically and accrues dividend equivalent DSUs; DSUs are held until board retirement.
• Transaction code: A = Award/Grant (derivative instrument).

Context DSU grants to directors are a routine form of non‑cash compensation and do not represent an open‑market purchase or sale. Because DSUs are settled at retirement and include dividend equivalents, they reflect deferred compensation rather than an immediate insider view to buy or sell Ovintiv shares.