<SEC-DOCUMENT>0001140361-26-023348.txt : 20260529
<SEC-HEADER>0001140361-26-023348.hdr.sgml : 20260529
<ACCEPTANCE-DATETIME>20260529171056
ACCESSION NUMBER:		0001140361-26-023348
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20260527
FILED AS OF DATE:		20260529
DATE AS OF CHANGE:		20260529

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WALKER JOHN H
		CENTRAL INDEX KEY:			0001006890
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		ORGANIZATION NAME:           	04 Manufacturing
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39221
		FILM NUMBER:		261045948

	MAIL ADDRESS:	
		STREET 1:		233 SOUTH WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Otis Worldwide Corp
		CENTRAL INDEX KEY:			0001781335
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				833789412
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE CARRIER PLACE
		CITY:			FARMINGTON
		STATE:			CT
		ZIP:			06032
		BUSINESS PHONE:		8606743000

	MAIL ADDRESS:	
		STREET 1:		ONE CARRIER PLACE
		CITY:			FARMINGTON
		STATE:			CT
		ZIP:			06032
</SEC-HEADER>
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<ownershipDocument>

    <schemaVersion>X0609</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2026-05-27</periodOfReport>

    <issuer>
        <issuerCik>0001781335</issuerCik>
        <issuerName>Otis Worldwide Corp</issuerName>
        <issuerTradingSymbol>OTIS</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001006890</rptOwnerCik>
            <rptOwnerName>WALKER JOHN H</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>false</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>1 CARRIER PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FARMINGTON</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06032</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Deferred Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2026-05-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4805.683</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>71.79</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4805.683</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>34456.943</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reporting person acquired these deferred stock units (DSUs) under the Board of Directors Deferred Stock Unit Plan (the Plan) for service as a non-employee director. The Plan provides for payment of a portion or all of the annual director compensation in DSUs. Upon retirement or termination, the DSUs in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments. DSUs accrue dividend equivalents.</footnote>
    </footnotes>

    <remarks>Exhibit List: Exhibit 24 - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>Susan Grady, Attorney-in-Fact</signatureName>
        <signatureDate>2026-05-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ef20075236_ex24.htm
<DESCRIPTION>EXHIBIT 24
<TEXT>
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    <div style="text-align: right;"><font style="font-weight: bold;"> </font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;"><font style="font-weight: bold;">Exhibit 24</font><br>
      </font></div>
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    <div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">POWER OF ATTORNEY</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">The undersigned hereby makes, constitutes and appoints each of Nora LaFreniere, Debra Guss, Susan Grady and Kristina Ciaffi, or either of them acting singly, and with full power of
        substitution, re-substitution and delegation, the undersigneds true and lawful attorney-in-fact (each of such persons and their substitutes and delegees being referred to herein as the Attorney-in-Fact), with full power to act for the undersigned
        and in the undersigneds name, place and stead, in the undersigneds capacity as an officer, director or stockholder of Otis Worldwide Corporation (the Company), to:</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">1.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Take such actions as may be necessary or appropriate to enable the undersigned to submit and file forms, schedules and other documents with the U.S. Securities and Exchange Commission (SEC) utilizing the SECs
          Electronic Data Gathering and Retrieval (EDGAR) system, which actions may include (a) enrolling the undersigned in EDGAR Next and (b) preparing, executing and submitting to the SEC a Form ID, amendments thereto, and such other documents and
          information as may be necessary or appropriate to obtain codes and passwords enabling the undersigned to make filings and submissions utilizing the EDGAR system;</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">2.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Prepare and execute any and all forms, schedules and other documents (including any amendments thereto) the undersigned is required to file with the SEC, or which the Attorney-in-Fact considers it advisable for the
          undersigned to file with the SEC, under Section 13 or Section 16 of the Securities Exchange Act of 1934 or any rule or regulation thereunder, or under Rule 144 under the Securities Act of 1933 (Rule 144), including Forms 3, 4 and 5, Schedules 13D
          and 13G, and Forms 144 (all such forms, schedules and other documents being referred to herein as SEC Filings);</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">3.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Submit and file SEC Filings with the SEC utilizing the EDGAR system or cause them to be submitted and filed by a person appointed under Section 5 below;</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">4.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">File, submit or otherwise deliver SEC Filings to any securities exchange on which the Companys securities may be listed or traded;</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">5.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Act as an account administrator for the undersigneds EDGAR account, including: (i) appoint, remove and replace account administrators, account users, technical administrators and delegated entities; (ii) maintain
          the security of the undersigneds EDGAR account, including modification of access codes; (iii) maintain, modify and certify the accuracy of information on the undersigneds EDGAR account dashboard; (iv) act as the EDGAR point of contact with
          respect to the undersigneds EDGAR account; and (v) any other actions contemplated by Rule 10 of Regulation S-T with respect to account administrators;</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">6.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Cause the Company to accept a delegation of authority from any of the undersigneds EDGAR account administrators and, pursuant to that delegation, authorize the Companys EDGAR account administrators to appoint,
          remove or replace users for the undersigneds EDGAR account; and</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">7.</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Obtain, as the undersigneds representative and on the undersigneds behalf, information regarding transactions in the Companys equity securities from any third party, including the Company and any brokers, dealers,
          employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such third party to release any such information to the Attorney-in-Fact.</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">The undersigned acknowledges that:</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">a)<font style="text-indent: 0px;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>This Power of Attorney authorizes, but does not require, the Attorney-in-Fact to act in his or her discretion on information
        provided to such Attorney-in-Fact without independent verification of such information;</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">b)</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Any documents prepared or executed by the Attorney-in-Fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form and will contain such information as the Attorney-in-Fact, in his or
          her discretion, deems necessary or desirable;</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">c)</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">Neither the Company nor the Attorney-in-Fact assumes any liability for the undersigneds responsibility to comply with the requirements of Section 13 or Section 16 of the Exchange Act or Rule 144, any liability of
          the undersigned for any failure to comply with such requirements, or any liability of the undersigned for disgorgement of profits under Section 16(b) of the Exchange Act; and</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">d)</font><font style="text-indent: 0px; font-size: 10pt; font-family: 'Times New Roman',serif;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',serif; font-size: 10pt;">This Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigneds obligations under Section 13 or Section 16 of the Exchange Act, including, without limitation, the
          reporting requirements under Section 13 or Section 16 of the Exchange Act.</font></div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">The undersigned hereby grants to the Attorney-in-Fact full power and authority to do and perform each and every act and thing requisite, necessary or advisable to be done in
        connection with the foregoing, as fully, to all intents and purposes, as the undersigned might or could do in person, hereby ratifying and confirming all that the Attorney-in-Fact, or his or her substitute or substitutes, shall lawfully do or cause
        to be done by authority of this Power of Attorney.</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 4 or 5 or Schedules 13D or 13G or Forms 144 with respect to the
        undersigneds holdings of and transactions in securities of the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Attorney-in-Fact. This Power of Attorney revokes all previous powers of attorney with respect to
        the subject matter of this Power of Attorney.</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of May 15th, 2026.</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"><br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">Signed:&#160; /s/ John Harper Walker</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;John Harper Walker</div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"> <br>
      </div>
      <div style="font-family: 'Times New Roman',serif; font-size: 10pt;"> <br>
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