Code Corey Douglas 4

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.