Mendez Echevarria Maria Cristina 4

4 · Otis Worldwide Corp · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Otis (OTIS) EVP/CFO M. Mendez Echevarria Receives RSUs

What Happened

Maria Cristina Mendez Echevarria, EVP & CFO of Otis Worldwide (OTIS), had RSUs vest and convert into common stock on Feb 6–7, 2026. A total of 642 RSUs converted into 642 shares (302 on Feb 6 and 340 on Feb 7). To cover tax withholding, 119 shares (Feb 6) and 133 shares (Feb 7) were surrendered at $89.85/share, totaling $22,642. Net shares received by the insider = 390 shares (642 converted − 252 withheld).
These entries are conversions of RSUs (derivative conversion), not open-market sales or purchases; the withheld shares were used to satisfy tax liability.

Key Details

Transaction dates: Feb 6, 2026 (302 RSUs converted; 119 shares withheld) and Feb 7, 2026 (340 RSUs converted; 133 shares withheld).
Withholding price: $89.85 per share; total value of shares withheld = $22,642.
Net new shares retained by insider: 390 shares.
Footnotes: F1 = RSUs convert 1:1 to common stock and include dividend equivalents. F2 = RSUs granted Feb 6, 2024 (second installment vested on the transaction date). F3 = RSUs granted Feb 7, 2023 (final installment vested on the transaction date).
Shares owned after transaction: Not specified in the provided filing excerpt.
Filing: Form 4 filed Feb 10, 2026. This filing date is within the typical two-business-day reporting window and appears timely.

Context

This was an award vesting and conversion event with share withholding for tax purposes (code F), not an open-market sale—an administrative/compensation event rather than a directional trade signal.
Derivative entries showing $0 consideration reflect conversion of RSUs into common shares (code M).

Form 4

Period: 2026-02-06

EVP & CFO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-06+302→ 9,169 total
Tax Payment
Common Stock
2026-02-06$89.85/sh−119$10,692→ 9,050 total
Exercise/Conversion
Common Stock
[F1]
2026-02-07+340→ 9,390 total
Tax Payment
Common Stock
2026-02-07$89.85/sh−133$11,950→ 9,257 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-06−302→ 311 total
→ Common Stock (302 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-07−340→ 0 total
→ Common Stock (340 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

1 file