Ovintiv Director Gentle Meg Receives 62 Deferred Share Units

What Happened

• Gentle Meg, a director of Ovintiv Inc. (OVV), was awarded 62 deferred share units (DSUs) on 2026-09-29. The Form 4 reports the acquisition as an Award/Grant (code A) for 62 units at $0.00 (derivative), total reported value $0.
• This transaction represents DSUs credited in lieu of cash dividends for Q3 2026 rather than a cash purchase or sale of common stock.

Key Details

• Transaction date: 2026-09-29; Form 4 filed with the SEC on 2026-10-01 (no late filing indicated).
• Transaction type/code: Award/Grant (A) — derivative units, 62 units @ $0.00; reported dollar value $0.
• Shares owned after the transaction: not disclosed on the filing.
• Footnotes: F1 — Each DSU is the economic equivalent of one share and accrues dividend-equivalent DSUs; DSUs are held until the director retires from the Board. F2 — These 62 DSUs were dividend equivalents received instead of cash for Q3 2026.

Context

• DSUs are not the same as immediate common-share ownership for voting or sale purposes; they represent an economic right tied to the stock price and dividends and are typically payable or converted when the director leaves the board.
• This is a routine director compensation/dividend-equivalent entry rather than a market-timed buy or sell, and does not by itself indicate intent to buy or sell common stock.