Otis Worldwide Corporation filings document the public reporting record for a global elevator and escalator manufacturer, installer, service provider and modernization company. Its 8-K reports cover quarterly and annual results announcements, debt securities offerings, underwriting agreements, indenture supplements and other material events.
The company’s proxy materials disclose board structure, committee assignments, executive compensation and governance matters. SEC filings also identify Otis common stock and registered notes listed on the New York Stock Exchange, along with capital-structure disclosures, executive appointments, director changes, risk-related governance topics and exhibits tied to financing and operating-result releases.
Otis Worldwide Corporation issued $700 million aggregate principal amount of 4.488% Notes due 2029, registered under its automatic shelf registration statement. Net proceeds are estimated at about $695.2 million after underwriting discounts and expenses.
Otis plans to use most of the proceeds to repay at maturity its 0.318% Notes due December 15, 2026, of which €600 million (approximately $695 million) principal was outstanding as of March 31, 2026, and to repay certain commercial paper borrowings and for other general corporate purposes. The notes pay interest semi-annually on May 7 and November 7, beginning November 7, 2026, are unsecured and unsubordinated, include optional redemption features with a make-whole premium before April 7, 2029, and are subject to a 101% repurchase right upon a Change of Control Triggering Event.
Otis Worldwide Corp executive Thibault Pierre Marie Lefebure, President of Otis EMEA, reported an open-market sale of 1,628 shares of common stock at an average price of $76.8945 per share on May 7, 2026. Following this transaction, he directly holds 4,008 Otis shares.
Otis Worldwide submitted a Form 144 notice relating to the proposed sale of Common Stock tied to RSU vesting. The filing lists 284 shares dated 02/05/2024 and 1,344 shares dated 02/06/2024, and identifies UBS Financial Services Inc as broker. The filing entry shows NYSE and a filing date of 05/07/2026.
Otis Worldwide Corporation is offering $700,000,000 aggregate principal amount of 4.488% Notes due 2029. The Notes bear interest at 4.488% per annum, payable May 7 and November 7 beginning November 7, 2026, and mature on May 7, 2029. The offering price is 100.000% with underwriting discounts of 0.400%, yielding proceeds to Otis of $697,200,000 before expenses. Net proceeds are expected to be approximately $695.2 million, intended primarily to repay the €600 million 0.318% Notes due December 15, 2026, and to repay commercial paper and for general corporate purposes. The Notes are unsecured, unsubordinated obligations, not listed on any exchange, and include an optional redemption feature and a Change of Control purchase right (purchase price equal to 101% of principal plus accrued interest) conditioned on defined rating and timing triggers.
Otis Worldwide Corporation is offering a new series of unsecured, fixed-rate notes. The prospectus supplement describes % Notes due 20 with interest payable semi-annually and customary optional redemption and a Change of Control offer at 101% plus accrued interest. Proceeds are intended to repay the 0.318% Notes due December 15, 2026 (€600 million outstanding as of March 31, 2026) and to repay commercial paper and for general corporate purposes. The Notes will be book-entry only, issued under the February 27, 2020 Indenture, rank equally with existing unsecured unsubordinated indebtedness and are not guaranteed by subsidiaries. Investors should review the Risk Factors and the Description of the Notes for covenants, optional redemption mechanics, Change of Control provisions and limitations on holders’ protections.
Otis Worldwide Corp ownership disclosure: Vanguard Capital Management reports beneficial ownership of 29,111,846 shares of Otis Common Stock, representing 7.48% of the class as of 03/31/2026. The filing shows sole dispositive power over 29,111,846 shares and sole voting power for 3,855,841 shares. The statement notes these holdings reflect positions held or managed across Vanguard affiliates and funds. The Schedule 13G was signed on 04/30/2026.
Vanguard Portfolio Management reported beneficial ownership of 19,749,088 shares of Otis Worldwide Corp common stock, equal to 5.08% of the class as of 03/31/2026. The filing shows sole dispositive power over 19,749,088 shares and sole voting power for 47,196 shares. The Schedule 13G states the position reflects holdings across Vanguard affiliates and funds.
Otis Worldwide Corporation reported higher earnings for the quarter ended March 31, 2026. Net sales rose to $3,566 million from $3,350 million, driven by 11% growth in the Service segment, while New Equipment sales declined 1%.
Net income attributable to Otis increased to $340 million from $243 million, with diluted EPS up to $0.87 from $0.61. Operating cash flow strengthened to $413 million from $190 million, supporting $163 million of dividends and $400 million of share repurchases. Service margins remained strong despite cost pressures, and total remaining performance obligations reached about $19.8 billion, with roughly 75% expected as sales over the next 24 months.
Otis Worldwide Corporation reported first quarter 2026 results showing modest growth driven by its Service business. Net sales reached $3.6 billion, up 6% year over year, with organic sales up 1%. Service net sales rose 11% with 5% organic growth, while New Equipment net sales declined 1%.
GAAP operating profit increased to $539 million, lifting operating margin to 15.1%, but adjusted operating profit slipped to $550 million with margin down to 15.4%. GAAP EPS climbed 43% to $0.87, while adjusted EPS fell 3% to $0.89 as higher costs, interest and taxes weighed on results.
Operating cash flow improved sharply to $413 million and adjusted free cash flow to $272 million, supporting approximately $400 million of share repurchases. Modernization orders rose 11% at constant currency, with modernization backlog up 30% at constant currency, and New Equipment backlog increased 3% at constant currency. Otis revised its 2026 outlook to net sales of $15.1–$15.3 billion, adjusted operating profit of about $2.5 billion and adjusted EPS of $4.20–$4.24.