Code Corey Douglas 4

What Happened

• Corey Douglas, EVP & Chief Financial Officer of Ovintiv Inc. (OVV), was granted three awards of restricted stock units (RSUs) on 2026-03-05: 10,524 RSUs each, totaling 31,572 RSUs. The grants are recorded as derivative awards with an acquisition price of $0.00 (no cash paid at grant).

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (within the two-business-day filing window).
• Award detail: 3 grants × 10,524 RSUs = 31,572 RSUs; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the provided filing data.
• Footnote: Each RSU equals the economic equivalent of one Ovintiv common share and yields dividend-equivalent RSUs; vesting/settlement occurs per the Omnibus Incentive Plan and the applicable grant agreement, and is conditioned on continued employment through the applicable exercise/vesting date.
• Transaction code: A (award/grant); no 10b5-1 plan, tax-withholding or sale noted in the reported entries.

Context

• RSU grants are a common form of executive compensation and do not involve an immediate purchase or sale of shares. These awards convert into shares (or equivalent) only upon vesting/settlement, so they do not by themselves signal a buy/sell decision in the market.