Nora E. LaFreniere - 23 Jul 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
EVP, General Counsel
Signature
Toby Smith, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
23 Jul 2025
Net transactions value
-$427,938
Form type
4
Filing time
24 Jul 2025, 16:47:52 UTC
Previous filing
02 Jun 2025
Next filing
02 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LaFreniere Nora E. EVP, General Counsel 1 CARRIER PLACE, FARMINGTON Toby Smith, Attorney-in-Fact 24 Jul 2025 0001807121

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise +10,435 +42% 35,362 23 Jul 2025 Direct F1
transaction OTIS Common Stock Tax liability $427,938 -4,836 -14% $88.49 30,526 23 Jul 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 -10,435 -33% 20,878 23 Jul 2025 Common Stock 10,435 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 July 23, 2024, the reporting person was granted RSUs, of which one third are eligible to vest on the first anniversary of the grant date and the remainder are eligible to vest on the third anniversary of the grant date. The first installment vested on the Transaction Date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney