Michael Patrick Ryan - 03 Feb 2024 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Feb 2024, 16:49:55 UTC
Prior SEC filing
28 Jul 2023
Next SEC filing
08 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Joshua Mullin, Attorney-in-Fact

Key filing fact

Michael Patrick Ryan filed Form 4 for Otis Worldwide Corp (OTIS) on 06 Feb 2024.

Key facts

  • This page summarizes Michael Patrick Ryan's Form 4 filing for Otis Worldwide Corp (OTIS).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Feb 2024, 16:49.

Change

  • Previous filing in this sequence was filed on 28 Jul 2023.
  • Current net transaction value: -$22,460.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OTIS transaction

Common Stock

Options Exercise

Transaction value
Shares
+354
Change %
Price
Shares after
354
Date
03 Feb 2024
Ownership
Direct
Footnotes
F1
OTIS transaction

Common Stock

Tax liability

Transaction value
$11,826
Shares
-130
Change %
-37%
Price
$90.97
Shares after
224
Date
03 Feb 2024
Ownership
Direct
OTIS transaction

Common Stock

Options Exercise

Transaction value
Shares
+402
Change %
+179%
Price
Shares after
626
Date
05 Feb 2024
Ownership
Direct
Footnotes
F1
OTIS transaction

Common Stock

Tax liability

Transaction value
$10,634
Shares
-117
Change %
-19%
Price
$90.89
Shares after
509
Date
05 Feb 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OTIS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-354
Change %
-49%
Price
$0.000000
Shares after
363
Date
03 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
354
Exercise price
Footnotes
F1, F2
OTIS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-402
Change %
-100%
Price
$0.000000*
Shares after
0
Date
05 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
402
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

On February 3, 2022, 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.

Footnote F3

On February 5, 2021, 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.

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