Schedule 13G: JPMorgan Owns 9.49M Otis Shares (2.4%)

Rhea-AI Filing Summary

JPMorgan Chase & Co. reports beneficial ownership of 9,490,997 shares of Otis Worldwide common stock, representing 2.4% of the class. The filing breaks down voting and dispositive powers: sole voting power on 8,073,891 shares and shared voting power on 126,740 shares; sole dispositive power on 9,412,172 shares and shared dispositive power on 68,936 shares. The statement indicates these securities are held in the ordinary course of business and not for the purpose of changing control. Several J.P. Morgan affiliates and subsidiaries are identified as entities through which holdings are held, including trust, securities, banking and asset management entities.

Positive

• Transparent disclosure of aggregate holdings and a full breakdown of voting and dispositive powers
• Certification that shares are held in the ordinary course of business and not to influence control
• Identification of affiliates through which holdings are held, improving clarity about ownership structure

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine institutional disclosure showing a modest 2.4% stake with clear voting/dispositive breakdowns.

The filing is a standard Schedule 13G amendment revealing JPMorgan Chase & Co.'s aggregate position in Otis at 9.49 million shares, or 2.4% of the class. The detailed split between sole and shared voting and dispositive powers helps clarify control exposure: most shares are held with sole dispositive authority, which implies internal portfolio management rather than coordinated group action. No information here indicates any intent to influence corporate control, consistent with the certification included.

Corporate Governance Expert

TL;DR: Disclosure aligns with passive/investment-management ownership, not an activist posture.

The schedule identifies multiple J.P. Morgan entities as holders, which is typical where custody, advisory, and trust functions are involved. The certification that holdings are ordinary-course and not for control, together with the sub-5% position, suggests limited governance implications. The breakdown of sole versus shared powers is useful for boards assessing investor composition but does not signal imminent governance action.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

OTIS WORLDWIDE CORPORATION

(Name of Issuer)

Common Stock ($0.01 par value)

(Title of Class of Securities)

68902V107

(CUSIP Number)

08/29/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 68902V107

1

Names of Reporting Persons

JPMORGAN CHASE & CO.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,073,891.00
6	Shared Voting Power 126,740.00
7	Sole Dispositive Power 9,412,172.00
8	Shared Dispositive Power 68,936.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,490,997.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.4 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: OTIS WORLDWIDE CORPORATION
(b)	Address of issuer's principal executive offices: One Carrier Place Farmington CT 06032
Item 2.
(a)	Name of person filing: JPMORGAN CHASE & CO.
(b)	Address or principal business office or, if none, residence: 383 Madison Avenue,,New York, NY 10179
(c)	Citizenship: DE
(d)	Title of class of securities: Common Stock ($0.01 par value)
(e)	CUSIP No.: 68902V107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9490997
(b)	Percent of class: 2.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8073891
	(ii) Shared power to vote or to direct the vote: 126740
	(iii) Sole power to dispose or to direct the disposition of: 9412172
	(iv) Shared power to dispose or to direct the disposition of: 68936
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. J.P. Morgan Trust Company of Delaware; J.P. Morgan Securities LLC; JPMorgan Chase Bank, National Association; JPMorgan Asset Management (UK) Limited; J.P. Morgan Investment Management Inc.; J.P. Morgan Mansart Management Limited; JPMorgan Asset Management (Taiwan) Limited; JPMorgan Asset Management (China) Company Limited; 55I, LLC
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not Applicable
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JPMORGAN CHASE & CO.

Signature:	Rachel Tsvaygoft
Name/Title:	Vice President
Date:	09/04/2025

FAQ

How many Otis (OTIS) shares does JPMorgan Chase & Co. beneficially own?

JPMorgan Chase & Co. beneficially owns 9,490,997 shares, equal to 2.4% of Otis common stock.

What voting and dispositive powers does JPMorgan Chase & Co. report for OTIS shares?

The filing reports 8,073,891 shares with sole voting power, 126,740 with shared voting power, 9,412,172 with sole dispositive power, and 68,936 with shared dispositive power.

Does JPMorgan Chase intend to influence control of Otis according to the filing?

No. The filing includes a certification stating the securities are held in the ordinary course of business and were not acquired to change or influence control.

Which J.P. Morgan entities are identified as holding OTIS securities on behalf of the parent?

Named affiliates include J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC, JPMorgan Chase Bank, N.A., and several JPMorgan Asset Management entities.

Does the disclosed stake exceed 5% of Otis common stock?

No. The disclosed stake is 2.4%, which is below the 5% threshold referenced in Item 5.