Connors Nelda J 4

What Happened
Nelda J. Connors, a member of Otis Worldwide Corp's board of directors, was granted 2,716.256 deferred stock units (DSUs) on May 27, 2026. The filing lists a grant price of $71.79 per share, valuing the award at approximately $195,000. This was a compensation award (derivative securities), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (filed within the typical two-business-day reporting window).
• Grant details: 2,716.256 DSUs at $71.79 each; aggregate value ≈ $195,000.
• Post-transaction share ownership: Not specified in the filing.
• Footnote: DSUs were granted under the Board of Directors Deferred Stock Unit Plan (see F1). DSUs convert into an equal number of common shares upon the director’s retirement or termination and accrue dividend equivalents.
• Exhibit noted: Exhibit 24 — Power of Attorney.

Context
DSUs are a form of deferred compensation for non‑employee directors; they represent a future right to receive company shares (or share equivalents) rather than an immediate equity stake purchased on the market. Such grants reflect routine director compensation and do not, by themselves, indicate a buy or sell signal from the insider.