Eilers Meghan Nicole 4

What Happened
Meghan Nicole Eilers, EVP, Commercial & Legal Affairs of Ovintiv Inc. (OVV), was granted 263 restricted share units (RSUs) on 2026-06-30. The filing reports these as a derivative award at $0.00 per unit (total reported value $0) because they are dividend-equivalent RSUs issued in lieu of cash dividends rather than a cash transaction or open-market trade. This is an award/grant (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (timely).
• Award: 263 RSUs; reported price per unit $0.00; total reported value $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes:
  • Each RSU equals the economic equivalent of one Ovintiv common share and yields dividend-equivalent RSUs; vesting/exercise follow the Omnibus Incentive Plan and the relevant grant agreement and schedule.
  • These RSUs were issued in lieu of cash dividends for Q2 2026.
• Transaction type: Derivative award (RSUs), code A. Not an option exercise or market trade.

Context
RSU grants and dividend-equivalent RSUs are routine forms of executive compensation and dividend distribution; they do not represent an open-market purchase or sale that signals buying or selling by the insider. Vesting and any eventual issuance of shares depend on the plan schedule and the grantee’s continued employment.