Filing Details

Accession Number:
0001062993-25-001992
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-10 17:55:08
Reporting Period:
2025-02-06
Accepted Time:
2025-02-10 17:55:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1781335 Otis Worldwide Corp OTIS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1665490 Fran Judith Marks 1 Carrier Place
Farmington CT 06032
Chair, Ceo And President 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 2025-02-06 11,580 $0.00 257,463 No 4 M Direct
Common Stock Disposition 2025-02-06 5,234 $96.05 252,229 No 4 F Direct
Common Stock Acquisiton 2025-02-07 11,612 $0.00 263,841 No 4 M Direct
Common Stock Disposition 2025-02-07 5,248 $94.83 258,593 No 4 F Direct
Common Stock Disposition 2025-02-10 28,440 $95.77 230,153 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M 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 2025-02-06 11,580 $0.00 11,580 $0.00
Common Stock Restricted Stock Units Disposition 2025-02-07 11,612 $0.00 11,612 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
23,169 No 4 M Direct
11,620 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,800 Indirect by 2023 GRAT
Footnotes
  1. 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.
  2. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on July 30, 2024. The shares sold in multiple trades at prices ranging from $95.20 to $96.035. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. On February 6, 2024, 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.
  4. On February 7, 2023, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date.