STOCK TITAN

Planned sale of 47,944 Otis (NYSE: OTIS) shares disclosed in Rule 144 notice

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

How many Otis (OTIS) shares are planned to be sold and on which exchange?

The filing shows a planned sale of 47,944 Otis common shares on the NYSE. The shares are to be sold through UBS Financial Services Inc. as broker, under Rule 144, which governs resales of restricted or control securities.

What aggregate market value is associated with the Otis (OTIS) shares in this Form 144?

The planned sale of 47,944 Otis common shares is associated with an aggregate market value of $4,423,313. This figure reflects the market value of the shares covered by the notice at the time the Form 144 was prepared.

How many Otis (OTIS) shares were outstanding according to this Form 144?

The Form 144 states that 388,720,773 Otis common shares were outstanding. This number provides context for the relative size of the 47,944-share planned sale disclosed in the notice under Rule 144.

How were the Otis (OTIS) shares in the Form 144 acquired?

The shares were acquired via RSU vesting transactions. The filing lists acquisitions of 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.

What is the approximate sale date for the Otis (OTIS) shares in this Form 144?

The notice indicates an approximate sale date of February 12, 2026 for the 47,944 Otis common shares. This is the date by which the shareholder expects to begin selling the shares subject to Rule 144 conditions.

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.