Otis Worldwide (OTIS) EMEA president details stock, RSU and SAR holdings

Rhea-AI Filing Summary

Otis Worldwide Corp executive Lefebure Thibault Pierre Marie, President of Otis EMEA, reported his initial equity holdings in the company. He beneficially owns 4,323 shares of common stock held directly. He also holds several equity awards, including restricted stock units covering 954, 456 and 254 shares of common stock, which vest over multi‑year schedules, and stock appreciation rights on 2,479, 1,608 and 883 shares, with exercise prices of $91.94, $83.63 and $81.85, respectively, that become exercisable over time according to their grant terms.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lefebure Thibault Pierre Marie

(Last) (First) (Middle)

1 CARRIER PLACE

(Street)

FARMINGTON CT 06032

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/16/2026

3. Issuer Name and Ticker or Trading Symbol
Otis Worldwide Corp [ OTIS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Otis EMEA

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,323	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	(1)	Common Stock	954	$0	D
Restricted Stock Units	(3)	(1)	Common Stock	456	$0	D
Restricted Stock Units	(4)	(1)	Common Stock	254	$0	D
Stock Appreciation Rights	(5)	02/05/2034	Common Stock	2,479	$91.94	D
Stock Appreciation Rights	(6)	02/06/2033	Common Stock	1,608	$83.63	D
Stock Appreciation Rights	(7)	02/02/2032	Common Stock	883	$81.85	D

Explanation of Responses:

1. Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis and include the right to receive dividend equivalents that are credited as additional RSUs.

2. These RSUs are scheduled to vest in three substantially equal annual installments beginning on the first anniversary of the date of grant. The date of grant was February 4, 2025.

3. These RSUs are scheduled to vest in two substantially equal annual installments on the second and third anniversaries of the date of grant. The date of grant was February 6, 2024.

4. These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was February 7, 2023.

5. These Stock Appreciation Rights (SARs) were granted on February 6, 2024. 826 SARs became exercisable on the first anniversary of the date of grant and the remaining 1,653 SARs are scheduled to become exercisable in two substantially equal annual installments on the second and third anniversaries of the date of grant.

6. These SARs were granted on February 7, 2023. 804 SARs became exercisable on the first and second anniversaries of the date of grant. The remaining 804 SARs are scheduled to become exercisable on the third anniversary of the date of grant.

7. These SARs were granted on February 3, 2022 and became fully exercisable on the third anniversary of the date of grant.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Susan Grady, Attorney-in-Fact	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider position does Lefebure Thibault Pierre Marie hold at Otis (OTIS)?

Lefebure Thibault Pierre Marie is an officer of Otis Worldwide Corp, serving as President, Otis EMEA, as indicated in the filing.

How many Otis (OTIS) common shares does the executive directly own?

The filing shows that Lefebure Thibault Pierre Marie directly owns 4,323 shares of Otis common stock, reported as beneficially owned in non-derivative securities.

What restricted stock units are reported in this Otis (OTIS) Form 3?

The executive reports restricted stock units that convert one-for-one into Otis common stock, including awards covering 954, 456 and 254 shares, each with specified multi-year vesting schedules.

What stock appreciation rights does the Otis (OTIS) executive hold?

He holds stock appreciation rights linked to Otis common stock on 2,479 shares at $91.94, 1,608 shares at $83.63, and 883 shares at $81.85, with exercisability set by their grant terms.

Do the Otis (OTIS) restricted stock units include dividend equivalents?

Yes. The filing states that the restricted stock units convert into common stock on a one-for-one basis and include the right to receive dividend equivalents credited as additional RSUs.

Are the Otis (OTIS) stock appreciation rights already exercisable?

The filing explains that some stock appreciation rights have already become exercisable on prior anniversaries of their grant dates, while remaining portions are scheduled to become exercisable on later anniversaries or are already fully exercisable, depending on the specific grant.