Code Corey Douglas 4

4 · Ovintiv Inc. · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Ovintiv (OVV) EVP & CFO Code Corey Douglas Receives RSU/DSU Award

What Happened

Code Corey Douglas, Ovintiv's EVP & CFO, received two awards on 2026-06-30: 386 Restricted Share Units (RSUs) and 16 Deferred Share Units (DSUs). Both awards were granted at $0.00 (they are derivative awards/compensation, not open-market purchases or sales). The filing classifies these as "A" (award/grant/acquisition).

Key Details

Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filed two days after the transaction, which appears timely).
Awards and prices: 386 RSUs @ $0.00; 16 DSUs @ $0.00.
Shares owned after transaction: not specified in the provided excerpt of the filing.
Footnotes of note:
- RSUs are the economic equivalent of one Ovintiv common share and yield dividend-equivalent RSUs; vesting follows the Omnibus Incentive Plan and the applicable grant agreement (F1, F2).
- DSUs are the economic equivalent of one Ovintiv common share, yield dividend-equivalent DSUs, and are held until the grantee’s retirement (F3, F4).
Transaction code: A = Award/Grant (derivative securities). No 10b5-1 plan, tax-withholding, or late-filing flag indicated in the provided details.

Context

These awards are compensation-related (including dividend equivalents for Q2 2026) rather than purchases or sales, so they primarily reflect pay/retention practices rather than an insider buying or selling stock. RSUs typically vest over time and convert to actual shares when vested; DSUs generally settle at retirement.

Form 4

Period: 2026-06-30

EVP & CFO

Transactions

Award
Restricted Share Unit
[F1][F2]
2026-06-30+386→ 69,800 total
→ Common Stock (386 underlying)
Award
Deferred Share Unit
[F3][F4]
2026-06-30+16→ 2,879 total
→ Common Stock (16 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 second 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 second quarter of 2026.

Signature

/s/Dawna Gibb, by Power of Attorney|2026-07-02

1 file