Code Corey Douglas 4

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.