Minarro Viseras Enrique 4

What Happened
Enrique Minarro Viseras, Chief Operating Officer of Otis Worldwide (OTIS), had 2,453 restricted stock units (RSUs) convert into common shares on February 6, 2026. To satisfy tax withholding on the vesting, 1,153 of those shares were withheld at $89.85 per share, equal to approximately $103,597 in value. The net result was receipt of 1,300 newly issued shares (2,453 vested − 1,153 withheld).

Key Details

• Transaction date: February 6, 2026. Filing date: February 10, 2026 (report accession 0001781335-26-000056).
• Vesting/conversion: 2,453 RSUs converted one-for-one into common shares (reported as derivative exercise, code M).
• Tax withholding: 1,153 shares withheld for tax liability at $89.85/share, value ≈ $103,597 (reported as code F).
• Net new shares received: 1,300 shares.
• Footnotes: F1 — RSUs convert 1:1 and include dividend equivalents credited as additional RSUs. F2 — These RSUs were part of a Feb 6, 2024 grant vesting in three equal annual installments; the second installment vested on the transaction date.
• Shares owned after the transaction: not specified in the filing.

Context
This was a standard RSU vesting with net share withholding to cover taxes (not an open‑market sale). That makes it a routine, non‑market sale disposition for tax purposes rather than a signal of buying or selling via the market.