Stock awards boost Otis (NYSE: OTIS) exec Sally Loh holdings

Rhea-AI Filing Summary

Otis Worldwide officer Sally Loh, President of Otis Greater China, reported equity compensation activity involving restricted stock units (RSUs) and performance share units (PSUs).

On February 3, 2026, she received 8,057 RSUs, which convert into common stock one-for-one and include dividend equivalent rights. On the same date, 1,586 and 6,156 shares of common stock were acquired upon vesting of PSUs granted in 2023 after three-year performance targets were certified at 82% of goal.

On February 4, 2026, 2,528 RSUs granted in 2025 vested and converted into the same number of common shares. Following these transactions, Loh directly holds 42,615 shares of Otis common stock and 5,060 RSUs.

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

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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^*

Loh Sally

(Last) (First) (Middle)

1 CARRIER PLACE

(Street)

FARMINGTON CT 06032

(City) (State) (Zip)

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)
	President, Otis Greater China

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. 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 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	02/03/2026		A		1,586(4)	A	(4)	33,931	D
Common Stock	02/03/2026		A		6,156(5)	A	(5)	40,087	D
Common Stock	02/04/2026		M		2,528	A	(1)	42,615	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)	02/03/2026		A		8,057		(2)	(2)	Common Stock	8,057	$0	8,057	D
Restricted Stock Units	(1)	02/04/2026		M			2,528	(3)	(3)	Common Stock	2,528	$0	5,060	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. RSUs vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.

3. On February 4, 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.

4. The acquisition of Otis common stock represents the vesting of performance share units (PSUs) previously awarded on February 7, 2023. Each PSU has a value equal to one share of Otis common stock. These PSUs vested on the Transaction Date upon the achievement of the 3-year cycle preestablished performance targets. The performance criteria were certified to be achieved at the 82% level.

5. The acquisition of Otis common stock represents the vesting of performance share units (PSUs) previously awarded on March 1, 2023. Each PSU has a value equal to one share of Otis common stock. These PSUs vested on the Transaction Date upon the achievement of the 3-year cycle preestablished performance targets. The performance criteria were certified to be achieved at the 82% level.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	Susan Grady, Attorney-in-Fact	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Otis (OTIS) executive Sally Loh report on this Form 4?

Sally Loh reported RSU grants and vesting-related share acquisitions. She received 8,057 new RSUs and acquired 1,586, 6,156, and 2,528 Otis common shares from PSU and RSU vesting, reflecting routine equity compensation rather than open-market buying or selling.

How many Otis (OTIS) restricted stock units were granted to Sally Loh?

Sally Loh was granted 8,057 restricted stock units. These RSUs convert into Otis common stock on a one-for-one basis and carry dividend equivalent rights, which are credited as additional RSUs, and they vest in three substantially equal annual installments starting one year after the transaction date.

What performance level was achieved for Sally Loh’s Otis (OTIS) performance share units?

The performance share units vested after achieving 82% of pre-established targets. PSUs granted in February and March 2023 converted into Otis common stock when three-year performance criteria for the cycle were certified at this 82% level, determining the number of shares ultimately delivered.

How many Otis (OTIS) common shares does Sally Loh hold after these transactions?

After the reported transactions, Sally Loh directly holds 42,615 Otis common shares. This figure reflects all acquisitions from RSU and PSU vesting activity disclosed, providing an updated snapshot of her direct equity stake in the company’s common stock.

How many Otis (OTIS) restricted stock units does Sally Loh still hold after vesting?

Following the vesting and conversion of some RSUs into common shares, Sally Loh holds 5,060 RSUs. These remaining units continue to represent a right to receive an equivalent number of Otis common shares as they vest in the future, subject to plan terms.

Were Sally Loh’s Otis (OTIS) equity transactions open-market purchases or sales?

The reported transactions were equity grants and vesting events, not open-market trades. Shares and RSUs were acquired at a stated price of zero dollars per share, consistent with stock-based compensation converting PSUs and RSUs into Otis common stock for the executive.