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Shareholder plans $2.48M Otis (OTIS) stock sale under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

  • 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 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.

How many Otis (OTIS) shares are planned to be sold and at what value?

The filing shows a planned sale of 27,418 Otis common shares with an aggregate market value of 2,477,926.99. This amount reflects the market value indicated in the filing for the shares covered by this planned Rule 144 transaction.

Which broker will handle the OTIS Rule 144 share sale?

The planned sale of Otis Worldwide Corp shares will be handled by UBS Financial Services Inc.. The broker’s listed address is 1000 Harbor Blvd, 3rd Floor, Weehawken, NJ 07086, and the shares are identified as trading on the NYSE exchange.

How many Otis (OTIS) shares were outstanding when the Form 144 was filed?

The Form 144 states that 388,720,773 Otis Worldwide Corp common shares were outstanding. This figure provides context for the planned Rule 144 sale of 27,418 shares relative to the company’s total common stock base at that time.

How were the Otis shares in this Form 144 acquired?

The shares in the planned sale were acquired mainly through SAR exercises and RSU vestings. The table lists several acquisition dates in 2023, 2025, and 2026, with consideration paid by wire transfer to Otis Worldwide Corp for each transaction.

When is the planned sale date for the OTIS shares under Form 144?

The Form 144 indicates an approximate sale date of 02/10/2026 for the Otis common shares. This is the date on which the shareholder expects to begin selling the 27,418 shares through the broker on the NYSE.
Otis Worldwde

NYSE:OTIS

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OTIS Stock Data

33.46B
387.97M
Specialty Industrial Machinery
Electronic & Other Electrical Equipment (no Computer Equip)
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United States
FARMINGTON