Otis CFO reports RSU vesting, share disposals
Otis Worldwide EVP & CFO Maria Cristina Mendez Echevarria reported multiple equity transactions involving common stock and restricted stock units (RSUs) on February 6 and 7, 2026.
Rhea-AI Filing Summary
Otis Worldwide EVP & CFO Maria Cristina Mendez Echevarria reported multiple equity transactions involving common stock and restricted stock units (RSUs) on February 6 and 7, 2026. RSUs convert into common shares on a one-for-one basis and include dividend-equivalent RSUs.
On February 6, 302 RSUs vested and converted to common stock, and 119 common shares were disposed of at $89.85 per share. On February 7, 340 RSUs vested and converted, and 133 common shares were disposed of at $89.85 per share. After these transactions, she directly held 9,257 common shares and 311 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 340 | $0.00 | $0.00 |
| Exercise | Common Stock | 340 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 133 | $89.85 | $12K |
| Exercise | Restricted Stock Units | 302 | $0.00 | $0.00 |
| Exercise | Common Stock | 302 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 119 | $89.85 | $11K |
Footnotes (3)
- 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.
- F2. On February 6, 2024, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date.
- F3. On February 7, 2023, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The last installment vested on the Transaction Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did OTIS EVP & CFO report on this Form 4?
How many Otis (OTIS) RSUs vested and converted into common stock?
What are the Otis CFO’s direct holdings after these Form 4 transactions?
How were the 2023 and 2024 Otis RSU grants structured for the CFO?
Do Otis (OTIS) RSUs reported here include dividend equivalents?
AI-generated analysis. How Rhea-AI works. Not financial advice.