Otis EVP, General Counsel reports February 2026 share trades

Otis Worldwide Corp’s Executive Vice President and General Counsel reported multiple equity transactions in early February 2026.

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Otis Worldwide Corp’s Executive Vice President and General Counsel reported multiple equity transactions in early February 2026. On February 6 and 7, 2026, restricted stock units vested and converted into a total of 3,237 shares of common stock, while 1,367 shares were withheld to cover taxes at a price of $89.85 per share.

On February 10, 2026, 5,107 shares were acquired through the exercise of stock appreciation rights at an exercise price of $58.66. That same day, 3,314 shares were disposed of at $90.38 per share and additional open market sales of 1,793 shares at $90.38 and 25,625 shares at a weighted average price of $90.3756 were reported. After these transactions, the officer directly owned 13,880 shares of Otis common stock and 1,629 restricted stock units.

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What insider transactions did Otis (OTIS) report on February 6–7, 2026?

On February 6–7, 2026, Otis’s EVP and General Counsel had restricted stock units vest and convert into 1,617 and 1,620 common shares. In connection with these vestings, 616 and 751 shares were disposed of to cover taxes at a price of $89.85 per share.

How many Otis (OTIS) shares did the executive sell on February 10, 2026?

On February 10, 2026, the executive reported dispositions totaling 30,732 Otis common shares. These included 3,314 shares disposed at $90.38, plus open market sales of 1,793 shares at $90.38 and 25,625 shares at a weighted average price of $90.3756.

What equity awards vested or were exercised for the Otis (OTIS) executive in February 2026?

Restricted stock units converted into 1,617 and 1,620 Otis shares on February 6 and 7, 2026. On February 10, 2026, stock appreciation rights with a conversion or exercise price of $58.66 were exercised for 5,107 shares of Otis common stock.

How many Otis (OTIS) shares does the reporting executive own after these transactions?

Following the reported February 2026 transactions, the executive directly owned 13,880 shares of Otis common stock. In addition, 1,629 restricted stock units remained beneficially owned, which can convert into the same number of Otis common shares on a one-for-one basis.

What do the restricted stock units in this Otis (OTIS) Form 4 represent?

The restricted stock units reported each convert into one share of Otis common stock. They also include the right to receive dividend equivalents, which are credited as additional restricted stock units over time, increasing the total RSU balance associated with the award.

How were the weighted average sale prices calculated for the Otis (OTIS) insider sales?

The 25,625 Otis shares sold on February 10, 2026, were executed in multiple trades at prices between $90.21 and $90.55. The Form 4 reports a weighted average sale price of $90.3756, and detailed trade breakdowns are available upon request.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/10/2026 - 04:48 PM EST

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^*

LaFreniere Nora E.

(Last)

(First)

(Middle)

1 CARRIER PLACE

(Street)

FARMINGTON

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)
	EVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/06/2026		M		1,617	A	⁽¹⁾	39,252	D
Common Stock	02/06/2026		F		616	D	$89.85	38,636	D
Common Stock	02/07/2026		M		1,620	A	⁽¹⁾	40,256	D
Common Stock	02/07/2026		F		751	D	$89.85	39,505	D
Common Stock	02/10/2026		M		5,107	A	$58.66	44,612	D
Common Stock	02/10/2026		D		3,314	D	$90.38	41,298	D
Common Stock	02/10/2026		S		1,793	D	$90.38	39,505	D
Common Stock	02/10/2026		S		25,625	D	$90.3756⁽⁴⁾	13,880	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	02/06/2026		M			1,617	⁽²⁾	⁽²⁾	Common Stock	1,617	$0	1,629	D
Restricted Stock Units	⁽¹⁾	02/07/2026		M			1,620	⁽³⁾	⁽³⁾	Common Stock	1,620	$0	0	D
Stock Appreciation Rights	$58.66	02/10/2026		M			5,107	01/03/2020	01/02/2027	Common Stock	5,107	$0	0	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. 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.

3. 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.

4. The shares sold in multiple trades at prices ranging from $90.21 to $90.55. 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.

	Susan Grady, Attorney-in-Fact	02/10/2026
	** 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.

Source: View Original Filing on SEC EDGAR