Enrique Minarro Viseras, Executive Vice President and Chief Operating Officer of Otis Worldwide Corp, filed a Form 4 on November 3, 2026, disclosing the vesting of the third and final installment of a restricted stock unit grant originally made on November 1, 2023.

Key Highlights

  • RSU vesting: 2,805 restricted stock units converted to common stock on November 1, 2026, under transaction code M.
  • Tax withholding disposition: 1,319 shares were disposed of on November 1, 2026, at $75.75 per share under transaction code F.
  • Remaining ownership: Minarro Viseras directly holds 33,908 shares of common stock following the reported transactions.
  • Final installment: According to the filing, the November 1, 2026 vesting represented the third and final annual installment of the November 1, 2023 RSU grant.
  • RSU balance: Following the vesting, the reporting person holds 0 restricted stock units of this grant.
  • Issuer: Otis Worldwide Corp, traded as NYSE:OTIS.

Minarro Viseras Completes Three-Year RSU Vesting Cycle at Otis Worldwide

According to the Form 4 filed with the SEC on November 3, 2026, Enrique Minarro Viseras, identified in the filing as EVP and Chief Operating Officer of Otis Worldwide Corp (NYSE:OTIS), reported two transactions in common stock on November 1, 2026. The first was an acquisition of 2,805 shares via the vesting of restricted stock units, coded M in Table I. The filing states that RSUs convert into common stock on a one-for-one basis and include the right to receive dividend equivalents credited as additional RSUs.

The filing explains that the RSUs had been granted on November 1, 2023, and were structured to vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The November 1, 2026 transaction represented the third and final installment. Concurrent with vesting, 1,319 shares were disposed of under transaction code F at a price of $75.75 per share, a transaction type commonly used to reflect shares withheld to cover tax obligations, though the filing does not use that specific phrase.

After both transactions, the filing reports that Minarro Viseras directly and beneficially owns 33,908 shares of Otis Worldwide common stock. The derivative securities table shows the RSU position for this grant has been reduced to zero following the final vesting. The Form 4 was signed by Susan Grady, Attorney-in-Fact, on November 3, 2026.

What Was Disclosed

The filing disclosed the final vesting of 2,805 RSUs and the concurrent disposition of 1,319 shares at $75.75 each by Otis Worldwide's COO on November 1, 2026, leaving the officer with 33,908 directly held shares.