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[Form 4] Otis Worldwide Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer of Otis Worldwide Corp (OTIS), reported insider transactions dated 08/23/2025. She had 2,092 Restricted Stock Units (RSUs) that converted into common stock on a one-for-one basis and the first installment of a 2024 RSU grant vested on that date. The filing also shows a disposition of 820 shares sold at $88.58. Following the reported transactions, the filing lists 4,566 shares of common stock beneficially owned and 4,193 derivative securities (RSUs) beneficially owned as of the report.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer di Otis Worldwide Corp (OTIS), ha riportato operazioni di insider datate 08/23/2025. Nella data indicata 2.092 Restricted Stock Units (RSU) sono state convertite in azioni ordinarie in rapporto uno a uno e la prima tranche di una grant di RSU del 2024 猫 maturata. La segnalazione mostra inoltre la cessione di 820 azioni vendute a $88.58. A seguito delle operazioni riportate, il documento indica la detenzione beneficiaria di 4.566 azioni ordinarie e di 4.193 strumenti derivati (RSU) alla data del rapporto.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer de Otis Worldwide Corp (OTIS), inform贸 operaciones de insider con fecha 08/23/2025. En esa fecha 2.092 Restricted Stock Units (RSU) se convirtieron en acciones ordinarias a raz贸n de una por una y venci贸 la primera entrega de una concesi贸n de RSU de 2024. El informe tambi茅n muestra la disposici贸n de 820 acciones vendidas a $88.58. Tras las operaciones reportadas, el documento enumera 4.566 acciones ordinarias de propiedad beneficiaria y 4.193 valores derivados (RSU) en propiedad beneficiaria seg煤n el informe.

Maria Cristina Mendez Echevarria, Otis Worldwide Corp(OTIS)鞚� Executive Vice President 瓴� Chief Financial Officer電� 08/23/2025鞛� 雮措秬鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 鞚检瀽鞐� 2,092臧滌潣 Restricted Stock Units(RSU)鞚� 1:1 牍勳湪搿� 氤错喌欤茧 鞝勴櫂霅橃棃瓿� 2024雲� RSU 靾橃棳鞚� 觳� 頃犽秳鞚� 頃措嫻鞚检棎 靹彪霅橃棃鞀惦媹雼�. 鞁犼碃靹滌棎電� 霕愴暅 $88.58鞐� 毵る弰霅� 820欤�鞚� 觳橂秳鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 鞚错泟, 鞁犼碃靹滌棎電� 氤搓碃鞚� 旮办鞙茧 4,566欤检潣 氤错喌欤检檧 4,193臧滌潣 韺岇儩歃濌秾(RSU)鞚� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer d'Otis Worldwide Corp (OTIS), a d茅clar茅 des transactions d'initi茅s dat茅es du 08/23/2025. 脌 cette date, 2鈥�092 Restricted Stock Units (RSU) ont 茅t茅 converties en actions ordinaires au taux de un pour un et la premi猫re tranche d'une attribution de RSU 2024 a 茅t茅 acquise. Le d茅p么t indique 茅galement la cession de 820 actions vendues 脿 88,58 $. 脌 la suite des op茅rations d茅clar茅es, le dossier recense 4鈥�566 actions ordinaires d茅tenues 脿 titre b茅n茅ficiaire et 4鈥�193 titres d茅riv茅s (RSU) d茅tenus 脿 titre b茅n茅ficiaire 脿 la date du rapport.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer von Otis Worldwide Corp (OTIS), meldete Insider-Transaktionen mit dem Datum 08/23/2025. An diesem Datum wurden 2.092 Restricted Stock Units (RSUs) eins zu eins in Stammaktien umgewandelt und die erste Tranche einer RSU-Zuteilung aus 2024 ist f盲llig geworden. Die Meldung zeigt au脽erdem die Ver盲u脽erung von 820 Aktien, verkauft zu $88.58. Nach den gemeldeten Transaktionen listet die Einreichung 4.566 unmittelbar wirtschaftlich gehaltene Stammaktien sowie 4.193 derivativen Wertpapiere (RSUs) zum Berichtszeitpunkt.

Positive
  • RSU vesting confirmed: 2,092 RSUs converted one-for-one to common stock
  • Detailed disclosure: Filing specifies grant date, vesting schedule, and inclusion of dividend equivalents
  • Compliance: Exhibit 24 power of attorney and signature present indicating procedural completeness
Negative
  • Share disposition: 820 shares were sold at $88.58, reducing beneficial holdings
  • Outstanding RSUs remain: 4,193 derivative RSU positions still outstanding following the reported transactions

Insights

TL;DR: Routine executive RSU vesting combined with a partial sale; net insider position remains material.

The filing documents a scheduled vesting event from a 2024 RSU grant and a contemporaneous sale of 820 shares at an average price of $88.58. The RSUs convert one-for-one to common stock and include dividend equivalents. These transactions are consistent with compensation vesting and subsequent disposition activity rather than an extraordinary corporate event. The reporting shows 4,566 shares owned after transactions and 4,193 RSUs remaining.

TL;DR: Disclosure is clear and complete for Section 16 reporting requirements; no regulatory red flags disclosed.

The Form 4 lists the reporting person鈥檚 role as EVP & CFO and provides specific transaction codes and amounts. It notes the RSU grant date (08/23/2024) and vesting schedule (three substantially equal annual installments) with the first installment vesting on 08/23/2025. The inclusion of an Exhibit 24 power of attorney and a signed filing indicate procedural compliance. No material omissions are evident within the document's content.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer di Otis Worldwide Corp (OTIS), ha riportato operazioni di insider datate 08/23/2025. Nella data indicata 2.092 Restricted Stock Units (RSU) sono state convertite in azioni ordinarie in rapporto uno a uno e la prima tranche di una grant di RSU del 2024 猫 maturata. La segnalazione mostra inoltre la cessione di 820 azioni vendute a $88.58. A seguito delle operazioni riportate, il documento indica la detenzione beneficiaria di 4.566 azioni ordinarie e di 4.193 strumenti derivati (RSU) alla data del rapporto.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer de Otis Worldwide Corp (OTIS), inform贸 operaciones de insider con fecha 08/23/2025. En esa fecha 2.092 Restricted Stock Units (RSU) se convirtieron en acciones ordinarias a raz贸n de una por una y venci贸 la primera entrega de una concesi贸n de RSU de 2024. El informe tambi茅n muestra la disposici贸n de 820 acciones vendidas a $88.58. Tras las operaciones reportadas, el documento enumera 4.566 acciones ordinarias de propiedad beneficiaria y 4.193 valores derivados (RSU) en propiedad beneficiaria seg煤n el informe.

Maria Cristina Mendez Echevarria, Otis Worldwide Corp(OTIS)鞚� Executive Vice President 瓴� Chief Financial Officer電� 08/23/2025鞛� 雮措秬鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 鞚检瀽鞐� 2,092臧滌潣 Restricted Stock Units(RSU)鞚� 1:1 牍勳湪搿� 氤错喌欤茧 鞝勴櫂霅橃棃瓿� 2024雲� RSU 靾橃棳鞚� 觳� 頃犽秳鞚� 頃措嫻鞚检棎 靹彪霅橃棃鞀惦媹雼�. 鞁犼碃靹滌棎電� 霕愴暅 $88.58鞐� 毵る弰霅� 820欤�鞚� 觳橂秳鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 鞚错泟, 鞁犼碃靹滌棎電� 氤搓碃鞚� 旮办鞙茧 4,566欤检潣 氤错喌欤检檧 4,193臧滌潣 韺岇儩歃濌秾(RSU)鞚� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer d'Otis Worldwide Corp (OTIS), a d茅clar茅 des transactions d'initi茅s dat茅es du 08/23/2025. 脌 cette date, 2鈥�092 Restricted Stock Units (RSU) ont 茅t茅 converties en actions ordinaires au taux de un pour un et la premi猫re tranche d'une attribution de RSU 2024 a 茅t茅 acquise. Le d茅p么t indique 茅galement la cession de 820 actions vendues 脿 88,58 $. 脌 la suite des op茅rations d茅clar茅es, le dossier recense 4鈥�566 actions ordinaires d茅tenues 脿 titre b茅n茅ficiaire et 4鈥�193 titres d茅riv茅s (RSU) d茅tenus 脿 titre b茅n茅ficiaire 脿 la date du rapport.

Maria Cristina Mendez Echevarria, Executive Vice President & Chief Financial Officer von Otis Worldwide Corp (OTIS), meldete Insider-Transaktionen mit dem Datum 08/23/2025. An diesem Datum wurden 2.092 Restricted Stock Units (RSUs) eins zu eins in Stammaktien umgewandelt und die erste Tranche einer RSU-Zuteilung aus 2024 ist f盲llig geworden. Die Meldung zeigt au脽erdem die Ver盲u脽erung von 820 Aktien, verkauft zu $88.58. Nach den gemeldeten Transaktionen listet die Einreichung 4.566 unmittelbar wirtschaftlich gehaltene Stammaktien sowie 4.193 derivativen Wertpapiere (RSUs) zum Berichtszeitpunkt.

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*
Mendez Echevarria Maria Cristina
(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)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/23/2025
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 08/23/2025 M 2,092 A (1) 5,386 D
Common Stock 08/23/2025 F 820 D $88.58 4,566 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) 08/23/2025 M 2,092 (2) (2) Common Stock 2,092 $0 4,193 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 August 23, 2024, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The first installment vested on the Transaction Date.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
Toby Smith, Attorney-in-Fact 08/25/2025
** 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.

Source:

FAQ

What transactions did OTIS insider Maria Mendez Echevarria report on 08/23/2025?

The filing reports 2,092 RSUs vested and converted into common stock and a sale of 820 shares at $88.58 on 08/23/2025.

How many OTIS shares does the reporting person beneficially own after these transactions?

The Form 4 lists 4,566 shares of common stock beneficially owned following the reported transactions.

How many RSUs remain outstanding for the reporting person after the reported vesting?

The filing shows 4,193 derivative securities (RSUs) beneficially owned following the reported transactions.

What is the vesting schedule for the RSU grant referenced in the Form 4?

The RSU grant dated 08/23/2024 vests in three substantially equal annual installments, with the first installment vesting on 08/23/2025.

Did the filing indicate any special features of the RSUs?

Yes, the RSUs include the right to receive dividend equivalents which are credited as additional RSUs.
Stock OTIS logo
Otis Worldwde

NYSE:OTIS

OTIS Rankings

#391 Ranked by Market Cap
#1592 Ranked by Dividends

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OTIS Latest SEC Filings

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[Form 3] Otis Worldwide Corporation Initial Statement of Beneficial Ownership
Jul 29, 2025
[SCHEDULE 13G/A] Otis Worldwide Corporation SEC Filing
Jul 24, 2025
[Form 4] Otis Worldwide Corporation Insider Trading Activity

OTIS Stock Data

34.43B
392.01M
0.12%
92.1%
1.62%
Specialty Industrial Machinery
Electronic & Other Electrical Equipment (no Computer Equip)
United States
FARMINGTON