4//SEC Filing
Marks Judith Fran 4
Accession 0001062993-25-001992
CIK 0001781335other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 5:55 PM ET
Size
16.1 KB
Accession
0001062993-25-001992
Insider Transaction Report
Form 4
Marks Judith Fran
DirectorChair, CEO and President
Transactions
- Exercise/Conversion
Common Stock
2025-02-06+11,580→ 257,463 total - Exercise/Conversion
Common Stock
2025-02-07+11,612→ 263,841 total - Sale
Common Stock
2025-02-10$95.77/sh−28,440$2,723,744→ 230,153 total - Exercise/Conversion
Restricted Stock Units
2025-02-07−11,612→ 11,620 total→ Common Stock (11,612 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-06−11,580→ 23,169 total→ Common Stock (11,580 underlying) - Tax Payment
Common Stock
2025-02-06$96.05/sh−5,234$502,726→ 252,229 total - Tax Payment
Common Stock
2025-02-07$94.83/sh−5,248$497,668→ 258,593 total
Holdings
- 12,800(indirect: by 2023 GRAT)
Common Stock
Footnotes (4)
- [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]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.
- [F3]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.
- [F4]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.
Issuer
Otis Worldwide Corp
CIK 0001781335
Entity typeother
Related Parties
1- filerCIK 0001665490
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 5:55 PM ET
- Size
- 16.1 KB