Planned sale of 47,944 Otis (NYSE: OTIS) shares disclosed in Rule 144 notice
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A shareholder of Otis Worldwide (OTIS) has filed a Rule 144 notice to sell 47,944 shares of common stock through UBS Financial Services Inc. on the NYSE, with an aggregate market value of $4,423,313. The filing lists 388,720,773 common shares outstanding at the time of the notice.
The shares proposed for sale were acquired through restricted stock unit (RSU) vestings on multiple dates, including 20,842 shares on February 6, 2024, 20,599 shares on June 1, 2023, and 6,503 shares on February 4, 2023, all settled by wire payment. The approximate sale date indicated is February 12, 2026, and the signer represents they are not aware of undisclosed material adverse information about Otis.
Positive
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Negative
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FAQ
What does the Form 144 filing for Otis (OTIS) disclose?
The Form 144 discloses a planned sale of 47,944 Otis common shares on the NYSE through UBS Financial Services Inc., with an indicated aggregate market value of $4,423,313, under Rule 144 resale provisions for restricted or control securities.
What representation does the selling holder make in the Otis (OTIS) Form 144?
By signing the notice, the selling holder represents that they do not know any material adverse information about Otis’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 and related securities law requirements.