Otis Worldwide Corp 8-K

What Happened
Otis Worldwide Corporation filed an 8‑K on May 29, 2026 reporting the results of its 2026 Annual Meeting of Shareholders held May 27, 2026 (record date March 30, 2026). As of the record date 385,710,610 shares were outstanding and 345,588,993 shares were represented at the meeting. All ten director nominees were elected to serve until the 2027 annual meeting. Shareholders also approved the advisory vote on executive compensation and reappointed PricewaterhouseCoopers LLP as Otis’ independent auditor; a proposal on reporting political contributions was not approved.

Key Details

• Record date/outstanding shares: 385,710,610 shares (record date March 30, 2026); quorum: 345,588,993 shares.
• Directors elected (terms expiring 2027): Thomas A. Bartlett; Jeffrey H. Black; Jill C. Brannon; Nelda J. Connors; Kathy Hopinkah Hannan; Christopher J. Kearney; Judith F. Marks; Margaret M. V. Preston; Shelley Stewart, Jr.; John H. Walker. Broker non‑votes on director slate: 24,396,658.
• Say‑on‑pay (advisory approval of named executive officer compensation): Approved — 300,604,166 For; 19,385,429 Against; 1,202,740 Abstentions; broker non‑votes 24,396,658.
• Independent auditor appointment: PricewaterhouseCoopers LLP approved — 344,841,469 For; 450,913 Against; 296,611 Abstentions.
• Political contributions reporting proposal: Not approved — 145,402,369 For; 173,399,850 Against; 2,390,116 Abstentions (broker non‑votes 24,396,658).

Why It Matters
These results confirm the company’s board and auditor for the coming year and show shareholder support for Otis’ executive compensation program. The failed political‑reporting proposal indicates a majority of shares opposed requiring additional disclosure on political contributions. Vote totals and sizable broker non‑votes (24.4M) are relevant for investors tracking governance trends and shareholder sentiment.