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Otis (OTIS) COO Minarro Viseras Enrique logs RSU vesting and 1,153-share disposal

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Otis Worldwide’s Chief Operating Officer Minarro Viseras Enrique reported RSU vesting and related share movements. On February 6, 2026, 2,453 restricted stock units converted into an equal number of Otis common shares at $0 exercise price. On the same date, 1,153 common shares were disposed of at $89.85 per share.

After these transactions, the reporting person beneficially owned 32,422 shares of common stock directly and 2,462 restricted stock units, which each convert into one common share and accrue dividend-equivalent RSUs.

Positive

  • None.

Negative

  • None.
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*
Minarro Viseras Enrique

(Last) (First) (Middle)
1 CARRIER PLACE

(Street)
FARMINGTON CT 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)
Chief Operating Officer
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)
Code V Amount (A) or (D) Price
Common Stock 02/06/2026 M 2,453 A (1) 33,575 D
Common Stock 02/06/2026 F 1,153 D $89.85 32,422 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
Restricted Stock Units (1) 02/06/2026 M 2,453 (2) (2) Common Stock 2,453 $0 2,462 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.
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.

FAQ

What insider transaction did Otis (OTIS) report for its COO on February 6, 2026?

On February 6, 2026, Otis Worldwide’s COO Minarro Viseras Enrique had 2,453 restricted stock units convert into 2,453 common shares, and 1,153 common shares were disposed of at $89.85 per share, as disclosed in the Form 4 filing.

How many Otis (OTIS) RSUs vested for the COO in this Form 4?

The filing shows 2,453 restricted stock units vested and converted into 2,453 Otis common shares at a $0 exercise price. These RSUs come from a prior grant scheduled to vest in three substantially equal annual installments beginning February 6, 2025.

What was the price and size of the Otis (OTIS) share disposition reported?

The Form 4 reports a disposition of 1,153 Otis common shares at a price of $89.85 per share. This transaction is coded “F,” indicating a disposition of shares, and occurred on the same day as the RSU conversion.

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

After the reported transactions, the COO beneficially owns 32,422 Otis common shares directly. In addition, he holds 2,462 restricted stock units, each representing the right to receive one share of Otis common stock in the future.

What do the Otis (OTIS) restricted stock unit footnotes explain in this Form 4?

The footnotes explain that each restricted stock unit converts into one share of Otis common stock and carries dividend-equivalent rights credited as additional RSUs. They also note the original 2024 RSU grant vests in three substantially equal annual installments.

When were the Otis (OTIS) COO’s RSUs originally granted and how do they vest?

The COO’s RSUs were originally granted on February 6, 2024. They vest in three substantially equal annual installments starting on the first anniversary of the grant date, with the second installment vesting on February 6, 2026, as reflected in this Form 4.
Otis Worldwde

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OTIS Stock Data

35.01B
388.28M
0.12%
92.12%
1.5%
Specialty Industrial Machinery
Electronic & Other Electrical Equipment (no Computer Equip)
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United States
FARMINGTON