Otis (OTIS) EMEA President Lefebure logs RSU vesting and tax share withholding

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Otis Worldwide President, Otis EMEA Thibault Lefebure reported routine equity transactions. On February 6 and 7, 2026, restricted stock units (RSUs) vested and converted into 224 and 254 shares of common stock, respectively, on a one-for-one basis with associated dividend-equivalent RSUs.

To cover tax withholding on these vestings, 92 shares on February 6 and 105 shares on February 7 were surrendered at a price of $89.85 per share. After these transactions, Lefebure directly owns 5,636 shares of Otis common stock and 232 RSUs.

Insider Trade Summary

478 shares exercised/converted

Mixed 6 txns

Insider Lefebure Thibault Pierre Marie

Role President, Otis EMEA

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	254	$0.00	--
Exercise	Common Stock	254	$0.00	--
Tax Withholding	Common Stock	105	$89.85	$9K
Exercise	Restricted Stock Units	224	$0.00	--
Exercise	Common Stock	224	$0.00	--
Tax Withholding	Common Stock	92	$89.85	$8K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 5,741 shares (Direct)

Footnotes (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. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

02/10/2026 - 04:49 PM

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

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 EMEA

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		224	A	⁽¹⁾	5,579	D
Common Stock	02/06/2026		F		92	D	$89.85	5,487	D
Common Stock	02/07/2026		M		254	A	⁽¹⁾	5,741	D
Common Stock	02/07/2026		F		105	D	$89.85	5,636	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			224	⁽²⁾	⁽²⁾	Common Stock	224	$0	232	D
Restricted Stock Units	⁽¹⁾	02/07/2026		M			254	⁽³⁾	⁽³⁾	Common Stock	254	$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.

	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

FAQ

What insider transactions did OTIS executive Thibault Lefebure report on this Form 4?

Thibault Lefebure reported RSU vesting and related share withholding. On February 6 and 7, 2026, RSUs converted into common stock, and some shares were withheld at $89.85 per share to satisfy tax obligations, leaving him with directly held shares and remaining RSUs.

How many Otis (OTIS) shares does Thibault Lefebure own after these transactions?

After the reported transactions, Thibault Lefebure directly owns 5,636 shares of Otis common stock. He also holds 232 restricted stock units, which can convert into an equal number of shares under the company’s equity program as they vest over time.

What RSU vesting events for OTIS occurred on February 6 and 7, 2026?

RSUs granted in 2024 and 2023 vested in scheduled installments. On February 6, 2026, 224 RSUs vested; on February 7, 2026, 254 RSUs vested. Each RSU converts into one Otis common share and includes dividend-equivalent RSUs.

Why were some OTIS shares withheld at $89.85 in Thibault Lefebure’s Form 4?

Shares were withheld to satisfy tax withholding obligations on RSU vesting. Specifically, 92 shares on February 6 and 105 shares on February 7 were surrendered at $89.85 per share, a common mechanism for covering taxes without requiring separate cash payments.

What is the role of Thibault Lefebure at Otis Worldwide (OTIS)?

Thibault Lefebure is an officer of Otis Worldwide, serving as President, Otis EMEA. His Form 4 filing reflects equity compensation activity, including vesting restricted stock units and associated tax-withholding share surrenders, typical for senior executive compensation structures.

How do Otis (OTIS) restricted stock units work for this executive?

The RSUs convert into common stock on a one-for-one basis and carry dividend equivalents credited as additional RSUs. Grants from 2023 and 2024 vest in three substantially equal annual installments starting one year after grant, with reported installments vesting in February 2026.