Otis Worldwide Corp director John H. Walker reported receiving a grant of deferred stock units as part of his compensation for service as a non-employee director. On May 27, 2026, he was awarded 4,805.683 deferred stock units, each tied to Otis common stock.
These units were granted under the Board of Directors Deferred Stock Unit Plan, which allows directors to take a portion or all of their annual compensation in deferred stock units. Upon retirement or termination, the units convert on a one-for-one basis into shares of common stock, which can be distributed in a lump sum or in installments. Following this grant, Walker’s deferred stock unit balance increased to 34,456.943 units, and the units also accrue dividend equivalents over time.
Otis Worldwide Corp director Margaret M. V. Preston received a grant of 4,596.740 Deferred Stock Units (DSUs) valued at $71.79 per unit for service as a non-employee director. Under the Board of Directors Deferred Stock Unit Plan, these DSUs convert into an equal number of common shares upon retirement or termination and accrue dividend equivalents. Following this award, Preston holds a total of 25,777.476 DSUs directly.
Otis Worldwide Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 27, 2026. As of March 30, 2026, 385,710,610 common shares were outstanding, and a quorum of 345,588,993 shares was represented.
Shareholders elected ten directors to serve until the 2027 annual meeting or until their successors are elected and qualified. They also approved, on an advisory basis, the compensation of Otis’ named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as independent auditor for 2026.
A shareholder proposal requesting reporting on political contributions and expenditures did not pass, receiving fewer votes in favor than against, with additional broker non-votes recorded.
Hannan Kathy Hopinkah reported acquisition or exercise transactions in this Form 4 filing.
Otis Worldwide Corp director Kathy Hopinkah Hannan received a grant of 2,758.044 Deferred Stock Units as non-employee director compensation. These units were awarded under the Board of Directors Deferred Stock Unit Plan and bring her total deferred units to 18,957.977. Each unit represents one share of common stock to be delivered in stock after retirement or termination, and the units accrue dividend equivalents over time.
Otis Worldwide director Nelda J. Connors received a grant of deferred stock units as board compensation. She acquired 2,716.256 Deferred Stock Units (DSUs), each linked to Otis common stock, bringing her total DSU holdings to 14,414.097. These DSUs were granted under the Board of Directors Deferred Stock Unit Plan and will convert into an equal number of common shares, paid in a lump sum or installments after her retirement or termination. The DSUs also accrue dividend equivalents, aligning director compensation with shareholder returns without an immediate market purchase or sale.
Otis Worldwide director Jill Brannon received a grant of 4,527.093 deferred stock units (DSUs) at a transaction price of $71.79 per unit for service as a non-employee director. Her DSU balance increased to 13,623.77 units, which will convert into an equal number of common shares after retirement or termination and accrue dividend equivalents.
Otis Worldwide Corp director Jeffrey Harry Black received a grant of deferred stock units as part of his board compensation. He acquired 2,799.833 deferred stock units under the Board of Directors Deferred Stock Unit Plan for service as a non-employee director, bringing his total to 19,498.225 units. These units will convert into an equal number of Otis common shares upon his retirement or termination, paid in a lump sum or installments as previously elected, and they accrue dividend equivalents over time.
Otis Worldwide Corporation issued $700 million aggregate principal amount of 4.488% Notes due 2029, registered under its automatic shelf registration statement. Net proceeds are estimated at about $695.2 million after underwriting discounts and expenses.
Otis plans to use most of the proceeds to repay at maturity its 0.318% Notes due December 15, 2026, of which €600 million (approximately $695 million) principal was outstanding as of March 31, 2026, and to repay certain commercial paper borrowings and for other general corporate purposes. The notes pay interest semi-annually on May 7 and November 7, beginning November 7, 2026, are unsecured and unsubordinated, include optional redemption features with a make-whole premium before April 7, 2029, and are subject to a 101% repurchase right upon a Change of Control Triggering Event.
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.
Otis Worldwide submitted a Form 144 notice relating to the proposed sale of Common Stock tied to RSU vesting. The filing lists 284 shares dated 02/05/2024 and 1,344 shares dated 02/06/2024, and identifies UBS Financial Services Inc as broker. The filing entry shows NYSE and a filing date of 05/07/2026.