Joseph Armas, an officer of Otis Worldwide, filed a Form 144 notice of proposed sale on November 3, 2026, covering 575 shares of Otis Worldwide common stock to be sold through UBS Financial Services Inc.

Key Highlights

  • Filer and role: Joseph Armas, identified as an officer of Otis Worldwide.
  • Shares proposed for sale: 575 shares of Otis Worldwide common stock.
  • Aggregate market value: $44,860, as stated in the filing.
  • Source of shares: RSU vesting from Otis Worldwide on February 3, 2026.
  • Broker: UBS Financial Services Inc., 1000 Harbor Blvd, 3rd Floor, Weehawken, NJ 07086.
  • Shares outstanding: 404,322,811 shares of common stock reported outstanding.
  • Prior three-month sales: Nothing to report, according to the filing.

Armas Proposes Sale of RSU-Vested Shares in Otis Worldwide

According to the Form 144 filed with the U.S. Securities and Exchange Commission on November 3, 2026, Joseph Armas, an officer of Otis Worldwide (NYSE:OTIS), is proposing to sell 575 shares of the company's common stock. The filing lists an aggregate market value of $44,860 for those shares and names NYSE as the securities exchange on which the sale is expected to occur. The approximate date of sale is listed as November 3, 2026.

The filing discloses that the 575 shares were acquired through RSU vesting from Otis Worldwide on February 3, 2026, with payment made by wire on the same date. The seller is identified as Otis Worldwide in the nature-of-acquisition section. The notice was signed by Mijo Suric, for UBS Financial Services Inc., as attorney-in-fact for Joseph Armas.

The filing states that no securities of the issuer were sold by Armas in the three months preceding this notice. Otis Worldwide's issuer address is listed as One Carrier Place, Farmington, Connecticut 06032, and its SEC file number is 001-39221. The total shares outstanding of the class are reported as 404,322,811.

What Was Disclosed

Otis Worldwide officer Joseph Armas filed a Form 144 on November 3, 2026, proposing to sell 575 shares of common stock, acquired via RSU vesting, with an aggregate market value of $44,860, through UBS Financial Services Inc. on the NYSE.