Otis EVP exercises 933 RSUs, withholds 274 shares

Otis Worldwide’s EVP & CPO exercised 933 RSUs, with 274 shares withheld to cover exercise price or tax obligations.

Rhea-AI Filing Summary

Otis Worldwide Corp (OTIS) reported that EVP & CPO Kimberly Shannon Gosk exercised 933 Restricted Stock Units (RSUs) into an equal number of common shares on September 2, 2026, representing the first vesting installment of RSUs granted on September 2, 2025. RSU holdings after this conversion total 1,875 RSUs. Of the common shares received, 274 shares were delivered or withheld at $70.83 per share to pay the exercise price or tax liability. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

933 shares exercised/converted

Exercise 3 txns

Insider Gosk Kimberly Shannon

Role EVP & CPO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	933	$0.00	$0.00
Exercise	Common Stock F1	933	--	--
Exercise Price or Tax Liability	Common Stock	274	$70.83	$19K

Holdings After Transaction: Restricted Stock Units — 1,875 contracts (Direct); Common Stock — 8,112 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
2. F2. On September 2, 2025, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The first installment vested on the Transaction Date.

Key Figures

RSUs exercised: 933 shares Shares withheld or delivered: 274 shares Withholding price per share: $70.83 per share +2 more

5 metrics

RSUs exercised 933 shares RSUs converted into common stock on September 2, 2026

Shares withheld or delivered 274 shares Shares used to pay exercise price or tax liability on September 2, 2026

Withholding price per share $70.83 per share Price applied to 274 shares delivered or withheld

RSUs remaining 1,875 RSUs RSU holdings after the conversion transaction

RSU grant vesting schedule 3 installments Grant dated September 2, 2025 vests in three substantially equal annual installments

Key Terms

Restricted Stock Units, dividend equivalents, substantially equal annual installments

3 terms

Restricted Stock Units financial

"Restricted stock units (RSUs) convert into common stock on a one-for-one basis."

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.

dividend equivalents financial

"RSUs include the right to receive dividend equivalents that are credited as additional RSUs."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

substantially equal annual installments financial

"RSUs vest in three substantially equal annual installments beginning on the first anniversary."

FAQ

What insider transaction did OTIS report for EVP & CPO Kimberly Shannon Gosk?

EVP & CPO Kimberly Shannon Gosk exercised 933 RSUs into common stock on September 2, 2026, as the first of three substantially equal annual vesting installments from an RSU grant dated September 2, 2025.

How many Otis Worldwide (OTIS) RSUs does the insider hold after this Form 4 event?

After the reported transactions, Kimberly Shannon Gosk holds 1,875 RSUs, which convert into common stock on a one-for-one basis and carry the right to receive dividend equivalents credited as additional RSUs.

How many OTIS shares were used to cover exercise price or taxes in this Form 4?

To pay the exercise price or tax liability, 274 shares of Otis Worldwide common stock were delivered or withheld at a reported price of $70.83 per share on September 2, 2026.

Were the OTIS insider transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan applied to these transactions, meaning they are not reported as pre-arranged under such a plan.

What are the key terms of the RSUs reported in the OTIS Form 4?

The RSUs convert into common stock on a one-for-one basis and include the right to receive dividend equivalents, which are credited as additional RSUs. The grant from September 2, 2025 vests in three substantially equal annual installments.

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

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Available on EDGAR 09/04/2026 - 04:04 PM Accepted by SEC EDGAR 09/04/2026 - 04:04 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gosk Kimberly Shannon

(Last) (First) (Middle)

1 CARRIER PLACE

(Street)

FARMINGTON CONNECTICUT 06032

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CPO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2026		M		933	A	(1)	8,386	D
Common Stock	09/02/2026		F		274	D	$70.83	8,112	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	09/02/2026		M			933	(2)	(2)	Common Stock	933	$0	1,875	D

Explanation of Responses:

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

2. On September 2, 2025, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The first installment vested on the Transaction Date.

	Susan Grady, Attorney-in-Fact	09/04/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)