Bartlett Thomas A 4

What Happened Thomas A. Bartlett, a member of Otis Worldwide Corp's Board of Directors, was granted 2,716.256 deferred stock units (DSUs) on 2026-05-27. The DSUs were recorded at $71.79 per share, for a total notional value of $195,000. This is an award (transaction code A) of derivative units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (filed two days after the transaction).
• Grant: 2,716.256 DSUs at $71.79 per unit; total value shown $195,000.
• Security type: Derivative (DSUs) that convert into common shares upon the director's retirement or termination.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: DSUs were granted under the Board of Directors Deferred Stock Unit Plan. DSUs accrue dividend equivalents and, at the director's prior election, convert into an equal number of shares paid either lump-sum or in installments upon retirement/termination.
• Exhibit filed: Exhibit 24 — Power of Attorney.

Context DSUs are deferred-compensation awards used to compensate non-employee directors; they do not represent immediate share ownership or a market purchase/sale. They typically indicate routine director compensation rather than an express buy/sell signal. The filing appears timely (within two days of the reported grant).