Givens Gregory Dean 4

What Happened

• Gregory Givens, Executive Vice President & COO of Ovintiv Inc. (OVV), received 385 restricted share units (RSUs) on March 31, 2026. The filing records the acquisition as a derivative award at $0.00 per unit (no cash paid). This was issuance of dividend-equivalent RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31 (filed 2026-04-02).
• Transaction type: Award/Grant of 385 RSUs (derivative), acquisition price reported $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1 — Each RSU equals the economic equivalent of one share and yields dividend-equivalent RSUs; vesting/exercise follows the Omnibus Incentive Plan and the applicable grant agreement and schedule.
  • F2 — These RSUs were issued in lieu of cash dividends for Q1 2026.
• Timeliness: Filing shows no indication of being late.

Context

• RSUs and dividend-equivalent RSUs are compensation awards that convert into common shares according to the company's plan and vesting schedule; they are not an insider purchase and do not by themselves signal a bullish vote through buying. This transaction reflects routine compensation/adjustment for dividends rather than active market trading.