Otis Worldwide EVP & CPO Kimberly Shannon Gosk reported several equity compensation transactions in Otis common stock and restricted stock units (RSUs) on February 3 and 4, 2026.
On February 3, she acquired 1,559 shares of common stock from the vesting of previously granted performance share units, with 543 shares disposed of at $87.16. The same day she was granted 5,595 RSUs, which convert into common stock on a one-for-one basis and vest in three substantially equal annual installments beginning one year after the transaction date.
On February 4, 445 RSUs vested and converted into 445 shares of common stock, with 131 shares disposed of at $90.37. Following these transactions, she directly held 7,018 shares of Otis common stock and 5,595 RSUs, along with 899 RSUs from an earlier grant.
Otis Worldwide executive Joseph Jay Armas, President of Otis Americas, reported equity award activity and related share settlements. On February 3, 2026, 1,110 shares of common stock were acquired upon vesting of performance share units that paid out at 82% of preestablished 3-year targets, with 333 shares withheld at $87.16 per share for taxes. He also received a new grant of 7,609 restricted stock units (RSUs), which vest in three substantially equal annual installments starting one year after the grant date.
On February 4, 2026, 431 RSUs from a prior February 4, 2025 grant converted into 431 common shares, and 124 of those shares were withheld for taxes at $90.37 per share. After these transactions, Armas directly owned 1,344.377 shares of Otis common stock and 7,609 RSUs.
Otis Worldwide Corporation files its annual report describing a global elevators and escalators business built on two segments: New Equipment and Service. In 2025, New Equipment provided 35% of net sales and 9% of segment operating profit, while Service contributed 65% of net sales and 91% of segment operating profit, reflecting the high-margin, recurring nature of maintenance and modernization.
About 71% of net sales came from international markets, supported by roughly 2.5 million units under maintenance and 37,000 service mechanics. Otis emphasizes digital offerings such as its Otis ONE IoT platform, with about 1.1 million units connected as of December 31, 2025. The company spent $152 million on R&D in 2025, plus $45 million on digital and strategic initiatives. It highlights validated science-based emissions targets, a global workforce of about 72,000 colleagues and detailed risk disclosures covering macroeconomic, geopolitical, regulatory, technology, cyber and sustainability-related challenges.
OTIS filed a Form 144 notice for a planned stock sale. A holder intends to sell 102,887 shares of common stock through UBS Financial Services on the NYSE, with an aggregate market value of 9215526.85, compared with 389715851 shares outstanding.
The shares come from multiple stock awards granted between 2022 and 2026 and from the 02/04/2026 net exercise of stock appreciation rights for 56107 shares. The filing also confirms the seller represents they are not aware of undisclosed material adverse information about the issuer.
Otis Worldwide Corp executive Neil Green, EVP & Chief Digital Officer, sold 6,000 shares of common stock on February 2, 2026. The sale was reported at a price of $86.4516 per share in a Form 4 insider transaction.
After this sale, Green directly owned 3,773 Otis common shares. No derivative securities transactions were reported in this filing.
A shareholder of Otis (symbol OTIS) has filed a notice under Rule 144 to sell 6,000 common shares through UBS Financial Services on the NYSE, with an aggregate market value of 518,709.
The shares were acquired through several restricted stock unit (RSU) transactions in 2024 and 2025, each settled by wire payment on the acquisition dates. The approximate date of sale indicated is 02/02/2026, and the filing notes that over 404 million shares of the issuer were outstanding.
Otis Worldwide Corporation furnished an 8-K to share that it issued a press release announcing its fourth quarter and full-year 2025 results. The release was dated January 28, 2026 and covers performance for the year ended December 31, 2025.
The earnings press release is included as Exhibit 99 and is furnished, not filed, meaning it is not automatically incorporated into other securities law filings unless specifically referenced. Otis’s common stock and several series of notes continue to trade on the New York Stock Exchange.
Otis Worldwide Corp executive Lefebure Thibault Pierre Marie, President of Otis EMEA, reported his initial equity holdings in the company. He beneficially owns 4,323 shares of common stock held directly. He also holds several equity awards, including restricted stock units covering 954, 456 and 254 shares of common stock, which vest over multi‑year schedules, and stock appreciation rights on 2,479, 1,608 and 883 shares, with exercise prices of $91.94, $83.63 and $81.85, respectively, that become exercisable over time according to their grant terms.
Otis Worldwide Corporation reported that its Board of Directors has appointed Enrique Miñarro Viseras as Chief Operating Officer, effective January 16, 2026. He has led Otis EMEA since October 2023, and from May 2025 to December 2025 also served as President, Otis EMEA & Latin America, after prior senior leadership roles at Ingersoll Rand.
In connection with this promotion, his base salary will increase to $820,000, and his annual short-term incentive target will be set at 120% of base salary under the Executive Short-Term Incentive Plan. Starting with fiscal year 2026, he will be eligible for an annual equity award with a target value of $3,500,000 under the 2020 Long-Term Incentive Plan. He will also continue to participate in executive benefit programs, including up to $16,000 per year in financial counseling reimbursement and an annual executive health exam.
Otis Worldwide Corp. executive vice president and chief product and delivery officer reported several equity award transactions dated 12/03/2025. The executive converted 10,102 restricted stock units (RSUs) into common stock at a reported stock price of $86.94, and also converted an additional 185 RSUs on the same date. RSUs convert into common stock on a one-for-one basis and include dividend equivalent rights.
To cover taxes, 4,687 shares of common stock and 185 RSUs were withheld or disposed of in connection with these vesting events, consistent with the explanation that certain RSUs were reduced to satisfy tax obligations tied to retirement treatment. After these transactions, the executive directly holds 12,216 shares of common stock, along with 20,213 RSUs and a separate 4,217 RSU balance, which remain outstanding and subject to their vesting schedules.