The elongated dihydrogen complex [formula: see text](1) reacts with 1,1-diphenyl-2-propyn-1-ol and 2-methyl-3-butyn-2-ol to give the hydride-hydroxyvinylidene-pi-alkynol derivatives [OsH{=C=CHC(OH)R2}{eta2-HC(triple bond)CC(OH)R2}(PiPr3)2]BF4 (R = Ph (2), Me (3)), where the pi-alkynols act as four-electron donor ligands. Treatment of 2 and 3 with HBF(4) and coordinating solvents leads to the dicationic hydride-alkenylcarbyne compounds [OsH((triple bond)CCH=CR2)S2(PiPr3)2][BF4]2 (R = Ph, S = H(2)O (4), CH(3)CN (5); R = Me, S = CH(3)CN (6)), which in acetonitrile evolve into the alkenylcarbene complexes [Os(=CHCH=CR2)(CH3CN)3(PiPr3)2][BF4](2) (R = Ph (7), Me (8)) by means of a concerted 1,2-hydrogen shift from the osmium to the carbyne carbon atom. Treatment of 2-propanol solutions of 5 with NaCl affords OsHCl2((triple bond)CCH=CPh2)(PiPr3)2 (10), which reacts with AgBF(4) and acetonitrile to give [OsHCl((triple bond)CCH=CPh2)(CH3CN)(PiPr3)2]BF(4) (11). In this solvent complex 11 is converted to [OsCl(=CHCH=CPh2)(CH3CN)2(PiPr3)2]BF(4) (12). Complex 5 reacts with CO to give [Os(=CHCH=CPh2)(CO)(CH3CN)2(PiPr3)2][BF(4)](2) (15). DFT calculations and kinetic studies for the hydride-alkenylcarbyne to alkenylcarbene transformation show that the difference of energy between the starting compounds and the transition states, which can be described as eta(2)-carbene species [formula: see text] increases with the basicity of the metallic center. The X-ray structures of 4 and 7 and the rotational barriers for the carbene ligands of 7, 8, and 12 are also reported.