Tracy A. Embree - 06 Feb 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role: President, Otis Americas
Signature: Toby Smith, Attorney-in-Fact
Issuer symbol: OTIS
Transactions as of: 06 Feb 2025
Net transactions value: -$62,913
Form type: 4
Filing time: 10 Feb 2025, 17:46:48 UTC
Previous filing: 05 Feb 2025
Next filing: 03 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTIS	Common Stock	Options Exercise		+2,411	+15%		18,931	06 Feb 2025	Direct	F1
transaction	OTIS	Common Stock	Tax liability	$62,913	-655	-3.5%	$96.05	18,276	06 Feb 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OTIS	Restricted Stock Units	Options Exercise	$0	-2,411	-33%	$0.000000	4,828	06 Feb 2025	Common Stock	2,411		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
F2	On February 6, 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.