Shareholder plans $2.48M Otis (OTIS) stock sale under Rule 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Otis Worldwide Corp has a shareholder planning to sell 27,418 shares of its common stock under Rule 144. The planned sale is through UBS Financial Services Inc., with an aggregate market value of 2,477,926.99, and the shares are listed on the NYSE.
The filing notes that 388,720,773 common shares were outstanding and that the planned sale date is 02/10/2026. The shares to be sold were acquired mainly through stock appreciation right exercises and restricted stock unit vestings in 2023 and 2026, with payments made by wire transfer.
Positive
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Negative
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FAQ
What does the OTIS Form 144 filing disclose?
The Form 144 discloses that a shareholder of Otis Worldwide Corp plans to sell 27,418 common shares. The planned transaction is under SEC Rule 144, which governs resales of restricted or control securities by affiliates and certain other holders.