McCracken Brendan Michael 4

What Happened Brendan Michael McCracken, President & CEO and a director of Ovintiv Inc. (OVV), was granted 1,271 restricted share units (RSU-equivalents) on June 30, 2026. The Form 4 reports this as a derivative award (code A) with an acquisition price of $0.00 — these are dividend-equivalent RSUs rather than a cash purchase or open-market trade.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (appears to be within the standard 2-business-day reporting window).
• Amount: 1,271 RSU-equivalents; reported price/value: $0.00 (typical for dividend-equivalent awards).
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnotes: F1 — each RSU equals one Ovintiv common share and yields dividend-equivalent RSUs; vesting/exercise follows the Omnibus Incentive Plan and the applicable grant agreement and schedule, subject to continued employment. F2 — these RSUs were dividend equivalents paid in lieu of cash dividends for Q2 2026.
• Transaction code: A = Award/Grant (derivative).

Context This was a non-cash grant of dividend-equivalent RSUs, not a market purchase or sale. Such awards typically reflect compensation/benefit mechanics (dividend reinvestment in RSU form) and vest according to the company’s incentive plan; they do not by themselves indicate an insider buying or selling shares on the open market.