Otis Worldwide COO Acquires Shares via RSU Vesting with Tax Withholding
Otis Worldwide Corp
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Filing Summary
š Form 4 Filing: Otis Worldwide Corp ($OTIS) Insider: Minarro Viseras Enrique (EVP & CHIEF OPERATING OFFICER) Transaction Date: November 1, 2026
Details: ⢠Acquired: 2,805 shares via RSU vesting (Code M) ⢠Withheld for Taxes: 1,319 shares at $75.75 per share ($99,914.25 total value, Code F) ⢠Net Shares Retained: 1,486 shares ⢠Post-Transaction Holdings: 33,908 shares (Direct)
Significance: Low (Routine RSU vesting & tax withholding)
Comprehensive Analysis
Executive Summary
On November 1, 2026, Enrique Minarro Viseras, EVP & Chief Operating Officer of Otis Worldwide Corp ($OTIS), acquired 2,805 shares of common stock through the scheduled vesting of Restricted Stock Units (RSUs). To satisfy tax withholding obligations, 1,319 shares were surrendered at a price of $75.75 per share, resulting in a net addition of 1,486 shares to direct ownership.
Transaction Details
- Security: Common Stock
- RSU Exercise (Code M): 2,805 shares acquired upon vesting of the third and final installment of an RSU award granted on November 1, 2023.
- Tax Withholding (Code F): 1,319 shares disposed of at $75.75 per share for a total value of $99,914.25.
- Beneficial Ownership Post-Transaction: 33,908 shares held directly.
Market and Trading Significance
This filing reflects routine compensation-related equity settlement and automated tax withholding. Because the disposition was purely to satisfy statutory tax obligations rather than an open-market discretionary sale, the trading significance is categorized as Low.
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Important Disclaimer
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