Otis (OTIS) director Margaret Preston granted 4,596 Deferred Stock Units as pay

Rhea-AI Filing Summary

Otis Worldwide Corp director Margaret M. V. Preston received a grant of 4,596.740 Deferred Stock Units (DSUs) valued at $71.79 per unit for service as a non-employee director. Under the Board of Directors Deferred Stock Unit Plan, these DSUs convert into an equal number of common shares upon retirement or termination and accrue dividend equivalents. Following this award, Preston holds a total of 25,777.476 DSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PRESTON MARGARET M V

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	4,596.74	$71.79	$330K

Holdings After Transaction: Deferred Stock Units — 25,777.476 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Deferred Stock Units granted: 4,596.740 units Reference value per DSU: $71.79 per unit Total DSUs after grant: 25,777.476 units +2 more

5 metrics

Deferred Stock Units granted 4,596.740 units Grant on 2026-05-27 for non-employee director service

Reference value per DSU $71.79 per unit Price used for DSU grant valuation

Total DSUs after grant 25,777.476 units Holdings following 2026-05-27 award

Conversion ratio 1 DSU : 1 common share DSUs convert into equal number of common shares

Underlying common shares 4,596.740 shares Common stock underlying this DSU award

Key Terms

Deferred Stock Units, Board of Directors Deferred Stock Unit Plan, dividend equivalents

3 terms

Deferred Stock Units financial

"The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Board of Directors Deferred Stock Unit Plan financial

"The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan)"

dividend equivalents financial

"Upon retirement or termination, the DSUs in the director's account under the Plan are converted... DSUs accrue dividend equivalents."

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

PRESTON MARGARET M V

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

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

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
Deferred Stock Units	(1)	05/27/2026		A		4,596.74		(1)	(1)	Common Stock	4,596.74	$71.79	25,777.476	D

Explanation of Responses:

1. The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	Susan Grady, Attorney-in-Fact	05/29/2026
	** 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)

FAQ

What insider transaction did Otis Worldwide (OTIS) report for Margaret M. V. Preston?

Otis Worldwide reported that director Margaret M. V. Preston received 4,596.740 Deferred Stock Units as compensation. These units were granted for her service as a non-employee director under the company’s Board of Directors Deferred Stock Unit Plan.

How many Deferred Stock Units does Margaret M. V. Preston hold after this OTIS Form 4?

After the latest grant, Margaret M. V. Preston holds 25,777.476 Deferred Stock Units. This total reflects her accumulated board compensation deferred into DSUs, which may later convert into the same number of Otis common shares.

What are Deferred Stock Units (DSUs) in the Otis (OTIS) director compensation plan?

Deferred Stock Units are bookkeeping units that track the value of Otis common stock for director pay. Under the Board of Directors Deferred Stock Unit Plan, DSUs are paid instead of cash fees and later convert into common shares, while accruing dividend equivalents.

When will Margaret M. V. Preston’s Otis DSUs convert into common stock?

Preston’s Deferred Stock Units convert into an equal number of Otis common shares upon her retirement or termination from the board. Distribution then occurs either in a lump sum or in installments, according to her prior election under the plan.

Do Otis (OTIS) Deferred Stock Units for directors receive dividend equivalents?

Yes. The filing states that Deferred Stock Units granted under the Otis Board of Directors Deferred Stock Unit Plan accrue dividend equivalents. This means DSU balances are adjusted over time to reflect dividends paid on Otis common stock.