Otis (OTIS) Asia Pacific president Lopez details RSU, SAR and stock holdings
Rhea-AI Filing Summary
Otis Worldwide Corp executive Nicolas Eduardo Lopez, President of Otis Asia Pacific, filed an initial ownership report showing his equity-based holdings in the company. The filing lists 4,444 shares of common stock held directly.
He also holds several awards of Restricted Stock Units (RSUs), which each convert into common stock on a one-for-one basis and accrue dividend equivalents. These RSUs total 1,298 units from a grant dated February 3, 2026, 885 units from a February 4, 2025 grant, and 291 units from a February 6, 2024 grant, with various multi‑year vesting schedules.
In addition, Lopez holds Stock Appreciation Rights (SARs), including 3,125 SARs from a February 6, 2024 grant and 682 SARs from a February 7, 2023 grant. Portions of these SARs are already exercisable, while the remaining amounts are scheduled to become exercisable on future anniversaries of their grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted Stock Units (RSUs) convert into common stock on a one-for-one basis and include the right to receive dividend equivalents that are credited as additional RSUs. These RSUs are scheduled to vest in three substantially equal annual installments beginning on the first anniversary of the date of grant. The date of grant was February 3, 2026. These RSUs are scheduled to vest in two substantially equal annual installments on the second and third anniversaries of the date of grant. The date of grant was February 4, 2025. These RSUs are scheduled to vest on the third anniversary of the date of grant. The date of grant was February 6, 2024. These Stock Appreciation Rights (SARs) were granted on February 6, 2024. 2,083 SARs became exercisable on the first and second anniversaries of the date of grant. The remaining 1,042 SARs are scheduled to become exercisable on the third anniversary of the date of grant. These SARs were granted on February 7, 2023 and became exercisable on the third anniversary of the date of grant.
