Otis Worldwide Corporation officer Joseph Armas filed a Form 144 notice of proposed sale of 260 shares of common stock, with an approximate sale date of November 3, 2026, through Goldman Sachs & Co. LLC on the New York Stock Exchange.

Key Highlights

  • Proposed seller: Joseph Armas, identified in the filing as an officer of Otis Worldwide Corporation.
  • Shares to be sold: 260 shares of common stock, with an aggregate market value of $19,973.20.
  • Broker: Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282.
  • Approximate sale date: November 3, 2026, on the NYSE.
  • Shares outstanding: 380,710,513 shares of common stock outstanding, according to the filing.
  • Source of shares: All shares were acquired as compensation through Restricted Stock Unit grants from the issuer, with acquisition dates ranging from February 5, 2024 to March 7, 2025.
  • Prior three-month sales: The filing reports nothing to report for securities sold during the past three months.

Joseph Armas RSU-Derived Shares Proposed for Sale at Otis Worldwide

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission, Joseph Armas, an officer of Otis Worldwide Corporation (NYSE:OTIS), has provided notice of a proposed sale of 260 shares of Otis common stock. The filing lists an aggregate market value of $19,973.20 for the proposed sale, with Goldman Sachs & Co. LLC named as the executing broker.

The filing details that the 260 shares were acquired through multiple Restricted Stock Unit compensation grants issued by the company. The individual acquisition tranches, all sourced from the issuer, include 162 shares acquired on February 6, 2024; 88 shares on February 5, 2024; 3 shares on March 8, 2024; 2 shares each on June 7, 2024, September 6, 2024, and December 6, 2024; and 1 share on March 7, 2025. Each tranche is listed as acquired as compensation, with payment described as compensation in each case.

The filing states that Armas had no sales of Otis securities during the three months preceding the notice date. The Form 144 was signed by Goldman Sachs & Co. LLC on behalf of Joseph Armas, and the notice is dated November 3, 2026. Otis Worldwide Corporation is headquartered at One Carrier Place, Farmington, Connecticut 06032, and carries SEC File Number 001-39221.

What Was Disclosed

Joseph Armas, an officer of Otis Worldwide Corporation, filed a Form 144 notice proposing the sale of 260 common shares acquired via RSU compensation grants, with an aggregate market value of $19,973.20, through Goldman Sachs & Co. LLC on the NYSE on or around November 3, 2026.