Moore Rachel Maureen 4

What Happened Rachel Maureen Moore, Executive Vice President, Corporate Services of Ovintiv Inc. (OVV), received three awards of 5,980 restricted share units (RSUs) each on March 5, 2026—totaling 17,940 RSUs. Each award was reported at $0.00 per unit (transaction code A — award/grant), so the filing shows no immediate cash consideration. These RSUs are derivative equity awards that convert to economic equivalents of common shares upon vesting rather than being open‑market purchases or sales.

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09).
• Grant details: 3 × 5,980 RSUs = 17,940 RSUs; price reported $0.00 per RSU; transaction code A (award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnote (F1): Each RSU equals the economic equivalent of one Ovintiv common share and yields dividend-equivalent RSUs; vesting/exercise occurs under the Omnibus Incentive Plan and is subject to continued employment through the exercise date.
• Timeliness: Form 4 was filed on March 9, 2026, which meets the SEC two-business-day filing requirement for a March 5 transaction (timely).
• No 10b5-1 plan, tax withholding, or immediate sale was reported in this filing.

Context RSUs are compensation awards that typically vest over time or on specific dates and convert into shares (or cash equivalent) at vesting; they do not represent immediate shares, voting rights, or dividends until vested. This filing reflects a standard equity compensation grant to an executive rather than an open-market purchase or sale; such awards are common as part of executive pay and are not by themselves a direct signal of market sentiment.