Otis Worldwide officer proposes $44.9K share sale

The 575 shares are listed as acquired from Otis Worldwide through RSU vesting on February 3, 2026.

Available on EDGAR 11/03/2026 - 01:52 PM EST Accepted by SEC EDGAR 11/03/2026 - 01:51 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Otis Worldwide Corp officer Joseph Armas reported a proposed sale of 575 common shares, with an aggregate market value of $44,860 and an approximate sale date of November 3, 2026. The shares are listed as acquired from Otis Worldwide through RSU vesting on February 3, 2026; UBS Financial Services Inc is named as the broker.

Key Figures

Proposed sale: 575 common shares Aggregate market value: $44,860 Approximate sale date: November 3, 2026 +1 more

4 metrics

Proposed sale 575 common shares Otis Worldwide Corp common stock

Aggregate market value $44,860 Proposed sale of 575 common shares

Approximate sale date November 3, 2026 Proposed sale

Acquisition date February 3, 2026 575 shares listed as acquired through RSU vesting

Key Terms

RSU Vesting, Rule 144, attorney-in-fact

3 terms

RSU Vesting financial

"acquired through RSU Vesting"

RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.

Rule 144 regulatory

"definition of "person" in paragraph (a) 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.

attorney-in-fact regulatory

"as attorney-in-fact for Joseph Armas"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

How many OTIS shares did officer Joseph Armas propose to sell?

Joseph Armas, an officer of Otis Worldwide Corp, reported a proposed sale of 575 common shares with an aggregate market value of $44,860. The notice lists UBS Financial Services Inc as the broker and November 3, 2026 as the approximate sale date.

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
SEC File Number	001-39221
Address of Issuer	One Carrier Place Farmington CONNECTICUT 06032
Phone	8606743000
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	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	575	44860	404322811	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	02/03/2026	RSU Vesting	Otis Worldwide			575	02/03/2026	Wire

* 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	/s/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact for Joseph Armas
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)