Jeffrey Harry Black - May 15, 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role: Director
Signature: Debra Guss, Attorney-in-Fact
Stock symbol: OTIS
Transactions as of: May 15, 2025
Transactions value $: $201,000
Form type: 4
Date filed: 5/16/2025, 04:21 PM
Previous filing: May 17, 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Black Jeffrey Harry	Director	1 CARRIER PLACE, FARMINGTON	Debra Guss, Attorney-in-Fact	2025-05-16	0001805644

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OTIS	Deferred Stock Units	Award	$201K	+2.05K	+14.33%	$97.86	16.4K	May 15, 2025	Common Stock	2.05K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.

Content

The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.