Otis Worldwide Corp|4Feb 10, 4:53 PM ET

de Montlivault Stephane 4

4 · Otis Worldwide Corp · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Otis (OTIS) President Stephane de Montlivault Converts RSUs to Shares

What Happened

Stephane de Montlivault, President, Otis Asia Pacific, had restricted stock units (RSUs) vest and converted (exercise/conversion of a derivative) into 1,472 shares on Feb 6, 2026 and 1,620 shares on Feb 7, 2026, for a total of 3,092 shares. The filing shows the acquired share entries with price N/A and corresponding derivative disposition entries reported at $0.00 — indicating conversion/settlement of RSUs rather than an open‑market sale for cash.

Key Details

Transaction dates and reported values:
- Feb 6, 2026: 1,472 shares acquired (conversion); disposition entry shown at $0.00 (derivative).
- Feb 7, 2026: 1,620 shares acquired (conversion); disposition entry shown at $0.00 (derivative).
Shares owned after transaction: Not stated in the provided filing excerpt.
Relevant footnotes:
- F1: RSUs convert one-for-one into common stock and include dividend equivalents credited as additional RSUs.
- F2: 2024 RSU grant (vested in three annual installments); the second installment vested on Feb 6, 2026.
- F3: 2023 RSU grant (vested in three annual installments); the final installment vested on Feb 7, 2026.
Filing timeliness: Form 4 was filed Feb 10, 2026 (appears to be within the required two business‑day reporting window).

Context

These entries reflect RSU vesting and conversion into shares (derivative settlement). There is no open‑market sale or purchase reported in this filing, and no cash proceeds are indicated. The reported $0.00 disposition entries reflect the derivative conversion/settlement mechanics, not a public sale.

Form 4

Period: 2026-02-06

President, Otis Asia Pacific

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-06+1,472→ 75,500 total
Exercise/Conversion
Common Stock
[F1]
2026-02-07+1,620→ 77,120 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-06−1,472→ 1,479 total
→ Common Stock (1,472 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-07−1,620→ 0 total
→ Common Stock (1,620 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