Givens Gregory Dean 4

What Happened
Gregory Givens (listed as Givens Gregory Dean), EVP & COO of Ovintiv Inc. (OVV), received three grants of restricted share units (RSUs) on March 5, 2026 — each for 11,458 RSUs, for a total of 34,374 RSUs. The Form 4 reports these as derivative awards with an acquisition price of $0 (i.e., compensation grants rather than open‑market purchases). Vesting and conversion to shares are governed by Ovintiv’s Omnibus Incentive Plan and the applicable grant agreement and are subject to continued employment.

Key Details

• Transaction date: 2026-03-05 (filing date: 2026-03-09).
• Grants: 3 awards × 11,458 RSUs = 34,374 RSUs total; reported acquisition price $0 (derivative award).
• Shares owned after transaction: not specified in the filing.
• Footnote: Each RSU is the economic equivalent of one share, yields dividend‑equivalent RSUs, and vests/exercises per the Omnibus Incentive Plan and grant agreement, contingent on continued employment.
• No sale, tax‑withholding disposition, 10b5‑1 plan, or cashless exercise reported in this Form 4.

Context
RSU grants are a form of compensation and are not the same as an insider buying stock on the open market; they typically vest over time and convert to shares if employment/vesting conditions are met. Because these are awards (not purchases or sales), they should be viewed as routine executive compensation rather than a direct bullish or bearish market signal. Note the Form 4 was filed four days after the grant date; SEC rules generally require Form 4s within two business days, so investors may want to monitor for any filing explanations.