Otis (OTIS) Greater China president receives 1,900 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Otis Worldwide Corp executive Sally Loh, President of Otis Greater China, reported routine equity compensation activity. On February 6, 2026, 1,570 restricted stock units (RSUs) converted into the same number of common shares, bringing her directly held common stock to 44,185 shares.
On February 7, 2026, a further 330 RSUs converted into 330 common shares, increasing her directly owned common stock to 44,515 shares. The RSUs convert into common stock on a one-for-one basis and include dividend equivalents credited as additional RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,900 shares exercised/converted
Mixed
4 txns
Insider
Loh Sally
Role
President, Otis Greater China
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 330 | $0.00 | -- |
| Exercise | Common Stock | 330 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,570 | $0.00 | -- |
| Exercise | Common Stock | 1,570 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 44,515 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.
FAQ
What insider transaction did OTIS executive Sally Loh report on this Form 4?
Sally Loh reported conversions of restricted stock units into common stock. On February 6, 2026, 1,570 RSUs converted, and on February 7, 2026, 330 RSUs converted, reflecting routine vesting of previously granted equity awards at Otis Worldwide Corp.
What do the restricted stock unit (RSU) transactions for OTIS represent?
The transactions represent RSUs vesting and converting into Otis common stock on a one-for-one basis. The February 6, 2024 and February 7, 2023 grants vest in three annual installments, with the February 2026 vestings reflecting the second and final installments, respectively.
Were the RSU conversions for Otis (OTIS) common stock executed at a cash price?
The RSU conversions were reported at a price of $0.00 per share. This indicates they were equity compensation vestings, where restricted stock units granted earlier simply converted into common shares without a cash purchase by the reporting person.
What is Sally Loh’s role at Otis Worldwide Corp (OTIS) in this Form 4?
In this filing, Sally Loh is identified as an officer of Otis Worldwide Corp, serving as President, Otis Greater China. The Form 4 reports equity compensation activity related to her role, specifically the vesting and conversion of previously granted restricted stock units.
How do the OTIS RSU awards for Sally Loh vest over time?
The RSU awards vest in three substantially equal annual installments starting one year after grant. The February 6, 2024 grant’s second installment vested on February 6, 2026, and the February 7, 2023 grant’s final installment vested on February 7, 2026, triggering the reported conversions.