Form 4 for OTIS Otis Worldwide
Accepted 2026-02-05 00:00:00 ET · period of report 2026-02-03 · accession 0001781335-26-000030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-02-05 | 2026-02-04+ | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | S - Sale+OE | $90.29 | -102.9K | 231.1K | -31% | -$9.29M |
| D | 2026-02-05 | 2026-02-04 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | D - Sale to Iss | $90.35 | -135.7K | 287.2K | -32% | -$12.26M |
| DM | 2026-02-05 | 2026-02-04 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | M - OptEx | $63.92 | +210.2K | 286.1K | +277% | +$13.44M |
| DM | 2026-02-05 | 2026-02-03+ | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | F - Tax | $88.47 | -20.4K | 267.7K | -7% | -$1.80M |
| D | 2026-02-05 | 2026-02-03 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | A - Grant | — | +58.2K | 279.8K | +26% | — |
| DM | 2026-02-05 | 2026-02-04 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -210.2K | 0 | -100% | $0 |
| D | 2026-02-05 | 2026-02-03 | OTIS | Marks Judith Fran | COB, CEO, Pres, Dir | A - Grant | $0.00 | +59.3K | 59.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-05 | S | D | 56,107 | $90.89 | 231,072 | D | — | — | (F7) This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 25, 2025. The shares sold in multiple trades at prices ranging from $89.755 to $91.495. 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. (F8) Includes (i) 12,800 shares previously held through the 2023 grantor retained annuity trust (GRAT) which were transferred to the reporting person on August 25, 2025 and are now owned directly and (ii) 1,658 dividend equivalents issued on DSU's under the LTIP PSU Deferral Plan since March 2025. |
| 2 | Common | Common Stock | 2026-02-04 | D | D | 135,692 | $90.35 | 287,179 | D | — | — | |
| 3 | Common | Common Stock | 2026-02-04 | M | A | 191,799 | $63.92 | 422,871 | D | — | — | (F4) This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 25, 2025. |
| 4 | Common | Common Stock | 2026-02-04 | F | D | 8,281 | $90.37 | 277,852 | D | — | — | |
| 5 | Common | Common Stock | 2026-02-04 | S | D | 46,780 | $89.57 | 231,072 | D | — | — | (F6) This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 25, 2025. The shares sold in multiple trades at prices ranging from $87.73 to $90.45. 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. The number of shares sold includes the shares received by the reporting person upon the vesting of the PSUs previously awarded on February 7, 2023 after giving effect to the tax withholdings and the 50% PSU deferral election. |
| 6 | Common | Common Stock | 2026-02-03 | A | A | 58,169 | — | 279,781 | D | — | — | (F5) 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. The reporting person previously elected to defer 50% of this award under the LTIP PSU Deferral Plan upon vesting. Any vested shares that are deferred under this plan are credited as DSUs and will be settled in stock. The DSUs will be paid out in an equal number of shares of Otis common stock in accordance with the reporting person's previous elections. DSUs accrue dividend equivalents. |
| 7 | Common | Common Stock | 2026-02-03 | F | D | 12,073 | $87.16 | 267,708 | D | — | — | |
| 8 | Common | Common Stock | 2026-02-04 | M | A | 18,425 | — | 286,133 | D | — | — | (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. |
| 9 | Derivative | Restricted Stock Units | 2026-02-04 | M | D | 18,425 | $0.00 | 36,862 | D | — · — to — | 18,425 Common Stock | (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. (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. |
| 10 | Derivative | Restricted Stock Units | 2026-02-03 | A | A | 59,305 | $0.00 | 59,305 | D | — · — to — | 59,305 Common Stock | (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. |
| 11 | Derivative | Stock Appreciation Rights | 2026-02-04 | M | D | 191,799 | $0.00 | 0 | D | $63.92 · 2022-02-05 to 2029-02-04 | 191,799 Common Stock | (F4) This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 25, 2025. |