Joseph Jay Armas - 03 Feb 2026 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
President, Otis Americas
Signature
Susan Grady, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
03 Feb 2026
Net transactions value
-$40,230
Form type
4
Filing time
05 Feb 2026, 19:41:55 UTC
Previous filing
03 Jun 2025
Next filing
10 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Armas Joseph Jay President, Otis Americas 1 CARRIER PLACE, FARMINGTON Susan Grady, Attorney-in-Fact 05 Feb 2026 0002067209

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Award +1,110 +426% 1,370 03 Feb 2026 Direct F4
transaction OTIS Common Stock Tax liability $29,024 -333 -24% $87.16 1,037 03 Feb 2026 Direct
transaction OTIS Common Stock Options Exercise +431 +42% 1,468 04 Feb 2026 Direct F1
transaction OTIS Common Stock Tax liability $11,206 -124 -8.4% $90.37 1,344 04 Feb 2026 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 Award $0 +7,609 $0.000000 7,609 03 Feb 2026 Common Stock 7,609 Direct F1, F2
transaction OTIS Restricted Stock Units Options Exercise $0 -431 -33% $0.000000 870 04 Feb 2026 Common Stock 431 Direct F1, F3
* 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 RSUs vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.
F3 On February 4, 2025, 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.
F4 The acquisition of Otis common stock represents the vesting of performance share units (PSUs) previously awarded on February 7, 2023. Each PSU has a value equal to one share of Otis common stock. These PSUs vested on the Transaction Date upon the achievement of the 3-year cycle preestablished performance targets. The performance criteria were certified to be achieved at the 82% level.