Otis Worldwide Corp EVP & CPO Reports RSU Vesting & Tax Withholding
Otis Worldwide Corp
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Filing Summary
š Form 4 Filing Summary ā¢ Issuer: Otis Worldwide Corp ($OTIS) ā¢ Insider: Gosk Kimberly Shannon (EVP & CPO) ā¢ Date: 2026-09-02 ā¢ Transaction: 933 RSUs vested (Code M); 274 shares withheld for taxes at $70.83 ($19,407.42) ā¢ Post-Transaction Holdings: 8,112 shares ā¢ Significance: Low (Routine vesting)
Comprehensive Analysis
Transaction Overview
On September 2, 2026, Kimberly Shannon Gosk, Executive Vice President & Chief People Officer of Otis Worldwide Corp ($OTIS), settled 933 Restricted Stock Units (RSUs) into Common Stock. To satisfy associated tax withholding obligations, 274 shares were surrendered to the issuer at a price of $70.83 per share, representing a total withheld value of $19,407.42.
Holdings Summary
- Pre-Transaction Common Stock: 7,453 shares
- Shares Acquired (RSU Vesting): 933 shares
- Shares Withheld for Taxes: 274 shares
- Post-Transaction Direct Common Stock Holdings: 8,112 shares
- Remaining RSUs: 1,875 units
Market & Strategic Context
This transaction reflects routine vesting of equity compensation granted on September 2, 2025, which vests in three equal annual tranches. Given that the disposition was solely for tax withholding purposes rather than discretionary open-market selling, this activity carries low signaling significance for the market.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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