Filing Details
- Accession Number:
- 0001062993-25-001780
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-05 20:29:18
- Reporting Period:
- 2025-02-03
- Accepted Time:
- 2025-02-05 20:29:18
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1781335 | Otis Worldwide Corp | OTIS | Electronic & Other Electrical Equipment (No Computer Equip) (3600) | 833789412 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1807121 | E. Nora Lafreniere | 1 Carrier Place Farmington CT 06032 | Evp, General Counsel | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2025-02-03 | 1,509 | $0.00 | 26,436 | No | 4 | M | Direct | |
Common Stock | Disposition | 2025-02-03 | 700 | $94.55 | 25,736 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2025-02-04 | 7,394 | $0.00 | 33,130 | No | 4 | A | Direct | |
Common Stock | Disposition | 2025-02-04 | 3,428 | $94.43 | 29,702 | No | 4 | F | Direct | |
Common Stock | Disposition | 2025-02-05 | 4,775 | $94.41 | 24,927 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2025-02-03 | 1,509 | $0.00 | 1,509 | $0.00 |
Common Stock | Restricted Stock Units | Acquisiton | 2025-02-04 | 7,455 | $0.00 | 7,455 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct | ||
7,455 | No | 4 | A | Direct |
Footnotes
- 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.
- On February 3, 2022, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The last installment vested on the Transaction Date.
- RSUs vest in three substantially equal annual installments beginning on the first anniversary of the Transaction Date.
- The acquisition of Otis common stock represents the vesting of performance share units (PSUs) previously awarded on February 3, 2022. 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.