Maria Cristina Mendez Echevarria, Executive Vice President and CFO of Otis Worldwide Corp, filed a Form 4 on August 25, 2026, disclosing transactions in common stock and restricted stock units dated August 23, 2026.

Key Highlights

  • RSU vesting: 2,137 restricted stock units converted into common stock on August 23, 2026, via transaction code M.
  • Shares withheld for taxes: 838 shares of common stock were disposed of at $71.49 per share via transaction code F.
  • Resulting ownership: The reporting person directly holds 10,556 shares of common stock following the reported transactions.
  • Remaining RSUs: 2,145 restricted stock units are beneficially owned directly following the transactions.
  • Vesting schedule: The RSUs were granted on August 23, 2024, and vest in three substantially equal annual installments; the second installment vested on the transaction date.
  • Reporting person role: Maria Cristina Mendez Echevarria is identified as EVP and CFO of Otis Worldwide Corp (NYSE:OTIS).

Otis Worldwide CFO's RSU Second Installment Vests in August 2026

According to the filing, Maria Cristina Mendez Echevarria, EVP and CFO of Otis Worldwide Corp (NYSE:OTIS), reported two transactions in common stock and one in restricted stock units, all dated August 23, 2026. The Form 4 was signed by Susan Grady, Attorney-in-Fact, and filed on August 25, 2026.

The filing discloses that 2,137 restricted stock units were converted into common stock on August 23, 2026 (transaction code M), representing the second installment of an RSU grant originally awarded on August 23, 2024. According to the filing, those RSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The filing notes that RSUs convert into common stock on a one-for-one basis and include the right to receive dividend equivalents credited as additional RSUs.

Separately, 838 shares of common stock were disposed of on the same date at a price of $71.49 per share (transaction code F), a transaction type typically used to report share withholding for tax obligations, though the filing does not use that specific language. Following both transactions, the reporting person directly holds 10,556 shares of common stock and 2,145 restricted stock units, according to the filing.

What Was Disclosed

The Form 4 covers an RSU vesting event and an associated share disposition for Otis Worldwide Corp's CFO on August 23, 2026, resulting in direct beneficial ownership of 10,556 common shares and 2,145 remaining RSUs.