Gosk Kimberly Shannon 4

What Happened
Kimberly Shannon Gosk, EVP & Chief People Officer of Otis Worldwide (OTIS), received equity awards that converted into common stock on Feb 3–4, 2026. The filing shows a total of 7,599 shares acquired through RSU/PSU vesting and conversion (1,559 RSUs from a 2025 grant + 5,595 PSUs from a 2023 award + 445 converted derivative units). To satisfy tax withholding obligations, 674 shares were surrendered (disposed) — 543 shares at $87.16 (valued at $47,328) and 131 shares at $90.37 (valued at $11,838) — for a total withholding value of $59,166. These transactions are award/vesting events (not open‑market purchases or discretionary sales).

Key Details

• Transaction dates: Feb 3–4, 2026; Form 4 filed Feb 5, 2026 (appears timely).
• Awards/Conversions: 1,559 RSUs (from 2025 grant), 5,595 PSUs (vested from 2/7/2023 award at 82% performance), plus conversion of 445 derivative units to common stock.
• Tax withholding (code F): 543 shares @ $87.16 = $47,328 (2/3/2026); 131 shares @ $90.37 = $11,838 (2/4/2026); total withheld = 674 shares / $59,166.
• Net new shares to insider: ~6,925 shares (7,599 acquired − 674 withheld).
• Footnotes: RSUs convert one‑for‑one and include dividend equivalents; RSUs vest in three substantially equal annual installments; PSUs vested upon achieving 3‑year targets at 82% performance.
• Shares owned after transaction: not specified in the provided filing details.

Context
These transactions are routine award vesting and derivative conversions rather than open‑market buying or selling; the only shares surrendered were for tax withholding (common in equity compensation). The PSU portion vested based on preestablished performance metrics (certified at 82%). Such award‑based filings typically reflect compensation realization, not an expressed view to buy or sell additional stock.