Otis Worldwide Corp. insider Joseph Jay Armas reported a change in beneficial ownership tied to the vesting of restricted stock units, according to a Form 4 filed June 3, 2026, for a transaction dated June 2, 2026. The reported action involved Otis common stock. The filing states that 1,680 shares were involved in the June 2 transaction. The explanatory notes say the shares came from restricted stock units, or RSUs, which convert into Otis common stock on a one-for-one basis. The RSUs also carry dividend-equivalent rights, with those dividend equivalents credited as additional RSUs. The RSUs were originally granted to Armas on June 2, 2025. Under the award terms, they vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The June 2, 2026 transaction represents the vesting of the first installment of that grant. The filing text provided does not show a clear Form 4 transaction code, final post-transaction ownership total, or an unambiguous cash transaction price. It includes the phrase “1,680 shares at 421 per share,” but without the full tabular context it is not clear whether “421” refers to a price, a separate share amount such as withholding, or another extracted field. The core corporate action, however, is clear: Armas received Otis common stock through the scheduled vesting and conversion of RSUs, rather than through an open-market purchase. The filing was signed on June 3, 2026, by Susan Grady as attorney-in-fact for the reporting person.