Otis Worldwide's Joseph Jay Armas sells shares

Otis Americas president reported two direct sales, and the 260-share sale comprised multiple trades priced from $77.09 to $77.22.

Available on EDGAR 11/04/2026 - 04:36 PM EST Accepted by SEC EDGAR 11/04/2026 - 04:36 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Otis Worldwide Corp (OTIS) President of Otis Americas Joseph Jay Armas reported two direct sales of common stock on November 3, 2026: 575 shares at $78.0177 per share and 260 shares at a weighted average $77.1400 per share. The 260-share sale involved multiple trades priced from $77.09 to $77.22. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 835 shares

Net Sell 2 txns

Insider Armas Joseph Jay

Role President, Otis Americas

Sold 835 shs ($65K)

Share of Position Sold 27.9%

Type	Security	Shares	Price	Value
Sale	Common Stock	575	$78.0177	$45K
Sale	Common Stock F1, F2	260	$77.14	$20K

Holdings After Transaction: Common Stock — 2,155 shares (Direct)

Holdings Before and After: Common Stock, 2,990 to 2,155 shares (Direct)

Footnotes (2)

1. F1. The shares sold in multiple trades at prices ranging from $77.09 to $77.22. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
2. F2. The direct holdings of the reporting person have been reduced by a fractional (0.377) share which was liquidated automatically on July 17, 2026 in connection with the transfer of the reporting person's holdings between brokerage accounts.

Key Figures

Common shares sold: 575 shares Sale price per share: $78.0177 per share Common shares sold: 260 shares +2 more

5 metrics

Common shares sold 575 shares Direct sale on November 3, 2026

Sale price per share $78.0177 per share 575-share direct sale on November 3, 2026

Common shares sold 260 shares Direct sale on November 3, 2026

Weighted average sale price $77.1400 per share 260-share sale on November 3, 2026

Sale price range $77.09 to $77.22 per share Multiple trades in the 260-share sale

Key Terms

weighted average sale price, direct holdings, fractional share

3 terms

weighted average sale price financial

"reflects the weighted average sale price"

direct holdings financial

"The direct holdings of the reporting person"

fractional share financial

"fractional (0.377) share"

A fractional share is a portion of a single stock that is worth less than one full share, like owning a slice of a pizza instead of the whole pie. It lets investors buy and hold part of expensive stocks or spread small amounts of money across many companies, which helps with diversification and regular investing; dividends and price changes affect fractional shares proportionally, though some rights and trading rules can vary by provider.

FAQ

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

How many OTIS shares did Joseph Jay Armas sell?

Joseph Jay Armas, President of Otis Americas, reported sales of 575 common shares at $78.0177 per share and 260 common shares at a weighted average $77.1400 per share on November 3, 2026. The 260-share sale comprised multiple trades priced from $77.09 to $77.22.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Armas Joseph Jay

(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)
	President, Otis Americas

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026

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	11/03/2026		S		575	D	$78.0177	2,415	D
Common Stock	11/03/2026		S		260	D	$77.14(1)	2,155(2)	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

Explanation of Responses:

1. The shares sold in multiple trades at prices ranging from $77.09 to $77.22. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

2. The direct holdings of the reporting person have been reduced by a fractional (0.377) share which was liquidated automatically on July 17, 2026 in connection with the transfer of the reporting person's holdings between brokerage accounts.

	Susan Grady, Attorney-in-Fact	11/04/2026
	** 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)