Ovintiv (OVV) EVP & COO Gregory Givens Receives 397 RSU Award

What Happened

• Gregory Dean Givens, EVP & COO of Ovintiv Inc. (OVV), received an award of 397 restricted stock units (RSUs) recorded on 2026-09-29. The transaction is reported as an award/grant (derivative) at a reported acquisition price of $0.00.
• These units are dividend-equivalent RSUs issued in lieu of cash dividends for Q3 2026; they are economic equivalents of common shares but are governed by the company’s Omnibus Incentive Plan and the applicable grant agreement.

Key Details

• Transaction date: 2026-09-29; Form 4 filed: 2026-10-01 (appears timely).
• Instrument: 397 RSUs (derivative award) at $0.00 per unit.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes: F1 — each RSU equals one share economically and yields dividend-equivalent RSUs; vesting/exercise follows the Omnibus Incentive Plan and the grant agreement and requires continued employment. F2 — these RSUs were issued in lieu of cash dividends for Q3 2026.
• Transaction code: A (Award/Grant).

Context

• This was an award of dividend-equivalent RSUs, not an open-market purchase or sale; such awards are typically compensation-related and do not by themselves indicate an insider buying or selling stock for investment reasons.
• RSUs generally vest per schedule and may be subject to forfeiture if employment terminates before vesting; consult the company’s proxy or incentive-plan disclosures for vesting timelines and tax treatment.