Otis Worldwide Corp·4

Feb 10, 4:46 PM ET

Gosk Kimberly Shannon 4

4 · Otis Worldwide Corp · Filed Feb 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Otis (OTIS) EVP Kimberly Gosk Receives Shares from RSU Vesting

What Happened

  • Kimberly Shannon Gosk, EVP & Chief People Officer of Otis Worldwide (OTIS), had restricted stock units (RSUs) convert into 619 shares (297 on Feb 6, 322 on Feb 7, 2026). To satisfy tax withholding, 184 shares were withheld/ disposed (88 shares on Feb 6 for $7,907 and 96 shares on Feb 7 for $8,626). The RSU conversions show $0 exercise price (typical for RSUs); net shares retained by the insider were about 435 (619 vested − 184 withheld).

Key Details

  • Transaction dates: Feb 6, 2026 (297 shares vested; 88 withheld at $89.85 = $7,907) and Feb 7, 2026 (322 shares vested; 96 withheld at $89.85 = $8,626).
  • Total vested: 619 shares. Total withheld/sold for taxes: 184 shares for $16,533.
  • Reported transaction codes: M = conversion/exercise of derivative (RSU → common stock); F = payment of exercise price or tax liability (shares withheld/sold).
  • Footnotes: F1 — RSUs convert one-for-one to common stock and include dividend equivalents credited as additional RSUs. F2 & F3 — these vested installments relate to grants made Feb 6, 2024 (second installment vested) and Feb 7, 2023 (final installment vested).
  • Shares owned after transaction: not specified in the provided filing.
  • Filing timeliness: Form 4 filed Feb 10, 2026; timing appears consistent with the two-business-day SEC filing requirement.

Context

  • This was not an open-market purchase or a directional sale for investment purposes; it reflects RSU vesting with a routine tax-withholding disposition (common practice when equity awards vest). For retail investors, vesting events signal compensation realization rather than a deliberate buy/sell decision.

Insider Transaction Report

Form 4
Period: 2026-02-06
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-06+2977,315 total
  • Tax Payment

    Common Stock

    2026-02-06$89.85/sh88$7,9077,227 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-07+3227,549 total
  • Tax Payment

    Common Stock

    2026-02-07$89.85/sh96$8,6267,453 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-02-06297304 total
    Common Stock (297 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-073220 total
    Common Stock (322 underlying)
Footnotes (3)
  • [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]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 second installment vested on the Transaction Date.
  • [F3]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 last installment vested on the Transaction Date.
Signature
Susan Grady, Attorney-in-Fact|2026-02-10

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES