Echevarria Maria Cristina Mendez - 01 Mar 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
EVP & CFO
Signature
Toby Smith, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
01 Mar 2025
Net transactions value
-$32,728
Form type
4
Filing time
03 Mar 2025, 17:11:33 UTC
Previous filing
10 Feb 2025
Next filing
25 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise +838 +30% 3,622 01 Mar 2025 Direct F1
transaction OTIS Common Stock Tax liability $32,728 -328 -9.1% $99.78 3,294 01 Mar 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 -838 -100% $0.000000 0 01 Mar 2025 Common Stock 838 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 March 1, 2022, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The third and final installment vested on the Transaction Date.