Ovintiv CEO Brendan McCracken Receives 1,143 RSUs

What Happened
Brendan McCracken, President & CEO and a director of Ovintiv Inc. (OVV), was granted 1,143 restricted share units (RSUs) on 2026-09-29. The RSUs are recorded at $0.00 (derivative award) because they were issued as dividend-equivalent RSUs rather than a cash payment. This is an award (not a purchase or sale) and is generally a routine compensation/dividend-equivalent credit.

Key Details

• Transaction date: 2026-09-29; Transaction type: A (Award/Grant) — 1,143 RSUs at $0.00 (derivative).
• Filing date: 2026-10-01 (filed within the normal 2-business-day reporting window).
• Shares owned after transaction: not specified in this Form 4 excerpt.
• Footnote F1: Each RSU equals the economic equivalent of one Ovintiv common share, yields dividend-equivalent RSUs, and vests/exercises per the Omnibus Incentive Plan and applicable grant agreement, subject to continued employment.
• Footnote F2: These RSUs were dividend equivalents received in lieu of cash dividends for Q3 2026.

Context
RSUs are derivative awards that convert to company shares according to vesting terms; no cash changed hands here because these were dividend-equivalent RSUs. Such awards are common and reflect compensation/dividend policy actions rather than an insider directional bet — purchases tend to be a stronger signal of insider conviction than routine grants or dividend-equivalent credits.