Code Corey Douglas 4

4 · Ovintiv Inc. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Ovintiv (OVV) CFO Corey Douglas Receives RSU and DSU Awards

What Happened

Corey Douglas, Executive Vice President and Chief Financial Officer of Ovintiv Inc., received equity awards on March 31, 2026: 337 restricted share units (RSUs) and 14 deferred share units (DSUs). Both items are derivative grants reported at $0.00 purchase price (awarded as compensation), not open-market buys or sales.

Key Details

Transaction date: 2026-03-31; filing date: 2026-04-02 (filing appears timely).
Grants reported as Code A (award/other acquisition); price reported $0.00.
Shares owned after transaction: not specified in the filing.
Footnotes:
- RSUs (F1) are economic equivalents of common shares, include dividend-equivalent RSUs, and vest per the Omnibus Incentive Plan and the grant agreement.
- The RSU dividend equivalents (F2) were received in lieu of cash dividends for Q1 2026.
- DSUs (F3) are economic equivalents of common shares, yield dividend-equivalent DSUs, and are held until the executive’s retirement.
- The DSU dividend equivalents (F4) were received in lieu of cash dividends for Q1 2026.

Context

These awards are compensation-related grants rather than purchases or sales; they don’t directly signal a buy/sell decision by the insider. RSUs vest and convert into shares per the plan schedule (subject to continued employment). DSUs are deferred and typically paid out at retirement, so they are long-term, deferred compensation rather than immediate ownership.

Form 4

Period: 2026-03-31

EVP & CFO

Transactions

Award
Restricted Share Unit
[F1][F2]
2026-03-31+337→ 69,414 total
→ Common Stock (337 underlying)
Award
Deferred Share Unit
[F3][F4]
2026-03-31+14→ 2,863 total
→ Common Stock (14 underlying)

Footnotes (4)

[F1]Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.
[F2]Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026.
[F3]Each Deferred Share Unit ("DSU") is the economic equivalent of one share of common stock of Ovintiv and yields dividend equivalent DSUs. DSUs are held until retirement from the company.
[F4]Dividend equivalent DSUs received in lieu of cash dividends for the first quarter of 2026.

Signature

/s/Dawna Gibb, by Power of Attorney|2026-04-02

1 file