Otis Worldwide (NYSE: OTIS) executive sells 1,628 shares

Rhea-AI Filing Summary

Otis Worldwide Corp executive Thibault Pierre Marie Lefebure, President of Otis EMEA, reported an open-market sale of 1,628 shares of common stock at an average price of $76.8945 per share on May 7, 2026. Following this transaction, he directly holds 4,008 Otis shares.

Insider Trade Summary

Net Seller: 1,628 shares ($125,184)

Net Sell 1 txn

Insider Lefebure Thibault Pierre Marie

Role President, Otis EMEA

Sold 1,628 shs ($125K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,628	$76.8945	$125K

Holdings After Transaction: Common Stock — 4,008 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 1,628 shares Sale price: $76.8945 per share Shares owned after sale: 4,008 shares

3 metrics

Shares sold 1,628 shares Open-market sale of Otis Worldwide common stock

Sale price $76.8945 per share Average price for the reported sale on May 7, 2026

Shares owned after sale 4,008 shares Directly held Otis Worldwide common stock following transaction

Key Terms

open-market sale, Common Stock, Form 4

3 terms

open-market sale financial

"the filing classifies the action as an open-market sale of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"reported an open-market sale of 1,628 shares of common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"according to a new Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Lefebure Thibault Pierre Marie

(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 EMEA

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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	05/07/2026		S		1,628	D	$76.8945	4,008	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:

	Susan Grady, Attorney-in-Fact	05/07/2026
	** 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 in this Form 4?

Otis Worldwide reported that executive Thibault Pierre Marie Lefebure completed an open-market sale of 1,628 shares of common stock. The sale was recorded at an average price of $76.8945 per share and involved his directly held Otis shares.

Who is Thibault Pierre Marie Lefebure at Otis Worldwide (OTIS)?

Thibault Pierre Marie Lefebure is an officer of Otis Worldwide serving as President, Otis EMEA. His Form 4 filing reflects personal ownership activity in Otis common stock through a reported open-market sale and his remaining directly held share position.

How many Otis Worldwide (OTIS) shares did the executive sell and at what price?

The executive sold 1,628 shares of Otis Worldwide common stock in an open-market transaction. The reported average sale price was $76.8945 per share, providing a clear record of the transaction size and pricing for investors tracking insider trading activity.

How many Otis Worldwide (OTIS) shares does the executive hold after the sale?

After the reported transaction, Thibault Pierre Marie Lefebure directly holds 4,008 shares of Otis Worldwide common stock. This post-transaction balance helps investors understand his ongoing equity exposure and how much stock he retains following the disclosed open-market sale.

Was the Otis Worldwide (OTIS) insider transaction a buy or a sell?

The Form 4 shows a sale transaction coded “S,” indicating an open-market or private sale. The filing classifies the action as an open-market sale of common stock rather than a grant, option exercise, gift, or tax-withholding-related share movement.