Nelda J. Connors - 15 May 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role: Director
Signature: Debra Guss, Attorney-in-Fact
Issuer symbol: OTIS
Transactions as of: 15 May 2025
Net transactions value: +$325,000
Form type: 4
Filing time: 16 May 2025, 16:50:13 UTC
Previous filing: 12 May 2025
Next filing: 02 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Connors Nelda J	Director	1 CARRIER PLACE, FARMINGTON	Debra Guss, Attorney-in-Fact	16 May 2025	0001478748

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	Deferred Stock Units	Award	$325,000	+3,321	+41%	$97.86	11,477	15 May 2025	Common Stock	3,321		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.

Content

The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.