Otis Worldwide Officer Joseph Armas Files Form 144 to Sell $44.8K in Common Stock
Otis Worldwide Corp
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: Otis Worldwide Corp ($OTIS) Insider: Joseph Jay Armas (Officer) Shares to Sell: 575 Common shares Estimated Value: $44,860.00 (~$78.02/share) Broker: UBS Financial Services Inc Significance: Low
Comprehensive Analysis
Form 144 Filing Overview: Otis Worldwide Corp ($OTIS)
Officer Joseph Jay Armas filed a Form 144 notice disclosing an intention to sell 575 shares of Otis Worldwide Corp common stock, representing an aggregate market value of approximately $44,860.
Key Details:
- Filing Person: Joseph Jay Armas, Officer
- Security: Common Stock
- Number of Shares: 575
- Aggregate Value: $44,860.00 (~$78.02 per share)
- Planned Execution Date: November 3, 2026
- Broker: UBS Financial Services Inc
- Origin of Shares: Acquired via RSU vesting on February 3, 2026
- Recent Activity: No other securities reported sold within the past three months
Market Impact & Significance:
- Significance Level: Low
- The proposed sale of 575 shares represents a negligible fraction of Otis Worldwide Corp's 404,322,811 shares outstanding.
- The transaction is consistent with standard executive compensation monetization following equity award vesting.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.