Peiming Zheng - 03 Dec 2025 Form 4 Insider Report for Otis Worldwide Corp (OTIS)

Role
EVP, Chief Product, Delivery
Signature
Susan Grady, Attorney-in-Fact
Issuer symbol
OTIS
Transactions as of
03 Dec 2025
Transactions value $
$470,780
Form type
4
Date filed
05 Dec 2025, 18:10
Previous filing
03 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Zheng Peiming EVP, Chief Product, Delivery 1 CARRIER PLACE, FARMINGTON Susan Grady, Attorney-in-Fact 2025-12-05 0001807749

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTIS Common Stock Options Exercise $878K +10.1K +148.54% $86.94 16.9K 03 Dec 2025 Direct
transaction OTIS Common Stock Tax liability -$407K -4.69K -27.73% $86.94 12.2K 03 Dec 2025 Direct
transaction OTIS Common Stock Options Exercise $16.1K +185 +1.51% $86.94 12.4K 03 Dec 2025 Direct
transaction OTIS Common Stock Tax liability -$16.1K -185 -1.49% $86.94 12.2K 03 Dec 2025 Direct

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 Restricted Stock Units Options Exercise $0 -10.1K -33.32% $0.00 20.2K 03 Dec 2025 Common Stock 10.1K Direct F1, F2
transaction OTIS Restricted Stock Units Options Exercise $0 -185 -4.2% $0.00 4.22K 03 Dec 2025 Common Stock 185 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the rights to receive dividend equivalents that are credited as additional RSUs.
F2 On December 3, 2024, the reporting person was granted RSUs, of which one third are eligible to vest on the first anniversary of the grant date and the remainder are eligible to vest on the third anniversary of the grant date. The first installment vested on the Transaction Date.
F3 This transaction reflects a reduction in the RSUs otherwise deliverable upon future vesting in order to satisfy taxes that are due because the reporting person qualifies for retirement treatment under the award. These RSUs were awarded on February 6, 2024.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney