Otis Worldwide officer proposes sale of 260 shares

The securities table identifies the proposed shares as acquired through compensation-related restricted stock units.

Available on EDGAR 11/03/2026 - 06:14 PM EST Accepted by SEC EDGAR 11/03/2026 - 06:13 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Otis Worldwide Corporation officer Joseph Armas reported a proposed sale of 260 common shares, with an aggregate market value of $19,973.20. The notice names Goldman Sachs & Co. LLC as broker and lists November 3, 2026, as the approximate sale date.

Key Figures

Proposed sale: 260 common shares Aggregate market value: $19,973.20 Shares outstanding: 380,710,513 shares

3 metrics

Proposed sale 260 common shares Approximate sale date: November 3, 2026

Aggregate market value $19,973.20 Proposed sale

Shares outstanding 380,710,513 shares Securities table

Key Terms

Restricted Stock Units, Rule 144, NYSE

3 terms

Restricted Stock Units financial

"Acquired as compensation -- Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 144 regulatory

"sales required by paragraph (e) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

NYSE market

"NYSE"

A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many OTIS shares did Joseph Armas plan to sell?

Joseph Armas, an officer of Otis Worldwide Corporation, reported a proposed sale of 260 common shares with an aggregate market value of $19,973.20.

What sale date does Joseph Armas's OTIS notice list?

The notice lists November 3, 2026, as the approximate sale date and names Goldman Sachs & Co. LLC as the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002067209
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Otis Worldwide Corporation
SEC File Number	001-39221
Address of Issuer	One Carrier Place Farmington CONNECTICUT 06032
Phone	1-860-674-3000
Name of Person for Whose Account the Securities are To Be Sold	Joseph Armas
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	260	19973.2	380710513	11/03/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/07/2025	Acquired as compensation -- Restricted Stock Units	Issuer			1	03/07/2025	Compensation
Common	03/08/2024	Acquired as compensation -- Restricted Stock Units	Issuer			3	03/08/2024	Compensation
Common	02/06/2024	Acquired as compensation -- Restricted Stock Units	Issuer			162	02/06/2024	Compensation
Common	02/05/2024	Acquired as compensation -- Restricted Stock Units	Issuer			88	02/05/2024	Compensation
Common	12/06/2024	Acquired as compensation -- Restricted Stock Units	Issuer			2	12/06/2024	Compensation
Common	09/06/2024	Acquired as compensation -- Restricted Stock Units	Issuer			2	09/06/2024	Compensation
Common	06/07/2024	Acquired as compensation -- Restricted Stock Units	Issuer			2	06/07/2024	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/03/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of Joseph Armas
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)