{"filings":[{"id":746756,"accession_number":"0001781335-26-000102","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2026-05-29T20:12:35+00:00","items":["5.07"],"status":"ready","headline":"Otis shareholders elect 10 directors, approve say-on-pay and auditor, reject political contributions proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected, including Judith F. Marks (CEO) with 306.7M for vs 12.9M against.","Advisory say-on-pay approved: 300.6M for, 19.4M against, 1.2M abstentions.","PricewaterhouseCoopers ratified as independent auditor for 2026: 344.8M for, 0.5M against.","Shareholder proposal on political contributions reporting rejected: 145.4M for, 173.4M against.","Meeting held May 27, 2026; quorum of 345.6M shares (89.6% of outstanding) represented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95382,"accession_number":"0001140361-26-019547","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Otis issues $700M 4.488% notes due 2029 to refinance near-term debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $700M aggregate principal of 4.488% Notes due May 7, 2029.","Net proceeds of ~$695.2M from underwriting discount and expenses.","Proceeds to fund repayment of €600M 0.318% Notes due Dec 15, 2026.","Remainder to repay commercial paper and for general corporate purposes.","Interest payable May 7 and Nov 7 starting Nov 7, 2026; make-whole call before Apr 7, 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95381,"accession_number":"0001781335-26-000072","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2026-04-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q1 net sales +6% to $3.57B; adj EPS -3% to $0.89; modern orders +11% CC","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.87 (+43%); adjusted EPS $0.89 (-3%). Net sales $3.57B (+6%, organic +1%).","Service net sales +11% (organic +5%); repair +16% (organic ~10%). Modernization orders +11% constant currency.","New Equipment sales -1% (-5% organic); China declined >20%. Segment margin 3.3% (-240 bps).","Operating cash flow $413M; adjusted free cash flow $272M. Share repurchases ~$400M in Q1.","Full year guidance revised: net sales $15.1-15.3B, adj EPS $4.20-4.24, adj FCF $1.60-1.65B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":3566000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108428,"accession_number":"0001781335-26-000004","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Reports Q4 2025 Results: Service Sales Up 8%, Adjusted EPS Up 11%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales up 3% and organic sales up 1%; Service net sales increased 8% and organic sales up 5%","GAAP EPS rose 13% to $3.50 for Q4; adjusted EPS up 11%, full year adjusted EPS $4.05 up 6%","Modernization orders up 43% in Q4 at constant currency; backlog up 34% (30% constant currency)","Full year operating cash flow and adjusted free cash flow of $1.6 billion; $800 million share repurchases in 2025","2026 outlook: organic sales up low to mid-single digits, adjusted EPS up mid to high single digits, free cash flow $1.6-1.7B"],"consensus_eps_estimate":null,"consensus_eps_actual":3.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":14431000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108427,"accession_number":"0001140361-26-001569","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Otis appoints Enrique Miñarro Viseras as COO, effective Jan 16, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointment of Enrique Miñarro Viseras as Chief Operating Officer, effective January 16, 2026.","Previously President, Otis EMEA & Latin America; joined in Oct 2023 from Ingersoll Rand.","Base salary raised to $820,000; STI target 120% of salary; LTI target $3.5M annually.","No family relationships with directors/executives; no reportable transactions under Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124869,"accession_number":"0001781335-25-000046","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q3 adjusted EPS $1.05 up 9%; raises 2025 EPS midpoint to $4.04-$4.08","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $3.69B (+4% YoY); GAAP EPS $0.95 (-29%), adjusted EPS $1.05 (+9%).","Service segment sales $2.43B (+9%); operating margin 25.5% (+70bps); maintenance portfolio units +4%.","New Equipment sales $1.26B (-4%); operating margin 4.7% (-170bps); orders up 4% but China down ~20%.","Modernization orders +27% constant currency; backlog +22% constant currency.","YTD operating cash flow $779M; share repurchases ~$800M; UpLift program run-rate savings $200M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":10635000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141578,"accession_number":"0001140361-25-033998","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Otis issues $500M of 5.131% Notes due 2035 to refinance 2026 Yen Notes and CP","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M aggregate principal of 5.131% Notes due September 4, 2035.","Net proceeds of ~$495.2M; $147M to repay ¥21.5B 0.370% Yen Notes due March 2026.","Remainder to repay commercial paper borrowings and for general corporate purposes.","Interest payable semi-annually on March 4 and September 4 starting March 4, 2026.","Notes redeemable at make-whole premium before June 4, 2035; at par thereafter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141577,"accession_number":"0001140361-25-032723","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Shailesh Jejurikar resigns from Otis board; Kathy Hopinkah Hannan named Compensation Committee Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Shailesh Jejurikar will resign from the Board effective September 9, 2025; no disagreement with company.","Board size reduced from 11 to 10 directors effective September 9, 2025.","Kathy Hopinkah Hannan replaces Jejurikar as Chair of the Compensation Committee, effective immediately.","Hannan also rotated off Audit Committee and Nominations and Governance Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141576,"accession_number":"0001140361-25-029921","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Otis enters new $1.5B revolving credit facility maturing 2030, replaces 2028 facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New unsecured $1,500M revolving credit agreement matures August 8, 2030.","Replaces prior $1.5B facility that was set to expire March 10, 2028; no penalties incurred.","Borrowings bear interest at SOFR plus 1.125% (or base rate plus 0.125%), subject to credit rating adjustments.","Facility includes $500M accordion feature to increase commitments under same terms.","Contains customary covenants including maximum consolidated leverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141575,"accession_number":"0001781335-25-000034","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q2 adj EPS $1.05; New Equipment sales -10%; FY adj EPS guidance $4.00-$4.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.99 (down 3% YoY); adjusted EPS $1.05 (down 1% YoY).","Net sales $3.6B flat YoY; organic sales down 2%.","Service net sales +6% to $2.3B, organic +4%; segment op margin 24.9% (+20bps).","New Equipment net sales -10% to $1.3B, orders -1% at constant currency (ex-China +11%).","FY2025 outlook: net sales $14.5-14.6B, adj EPS $4.00-$4.10, adj FCF $1.4-1.5B."],"consensus_eps_estimate":null,"consensus_eps_actual":1.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":6945000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159421,"accession_number":"0001781335-25-000024","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Otis shareholders reject advisory vote on executive compensation at 2025 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Say-on-pay proposal failed: 131M for, 202M against, 1M abstentions.","All 11 director nominees elected; closest vote: Shailesh Jejurikar with 23.5M votes against.","Shareholder proposal on political contributions reporting also defeated (133M for, 199M against).","PricewaterhouseCoopers ratified as independent auditor for 2025 with 357M votes for.","Over 358M shares represented (90.5% of 395.6M outstanding); quorum present."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.15,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159420,"accession_number":"0001781335-25-000017","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q1 adjusted EPS up 5% to $0.92; Service op margin expands 40 bps; FY outlook revised for tariffs","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.61 (-29% YoY); adjusted EPS $0.92 (+5%); net sales $3.35B (organic flat).","Service organic sales +4%, operating margin 24.6% (+40 bps); maintenance portfolio units +4%.","New Equipment orders -1% constant currency, backlog -3%; China sales decline >20%.","FY adjusted EPS outlook $4.00-$4.10 (+4-7%), incorporates $45-75M tariff headwind.","Q1 adjusted free cash flow $186M; share repurchases ~$250M; dividend increased 5th straight year."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":3350000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177819,"accession_number":"0001140361-25-010060","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Otis amends bylaws to revise stockholder nomination procedures and written consent provisions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved amended bylaws on March 19, 2025; effective same day.","Adds requirement for stockholder nominees to comply with SEC Rule 14a-19 universal proxy rules.","Removes prior limitations on stockholder ability to act by written consent.","Eliminates requirement for stockholder-nominated directors to submit irrevocable resignation.","Includes various clarifying and conforming changes to the bylaws."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177818,"accession_number":"0001781335-25-000004","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis FY24 adj EPS $3.83 (+8.2%), record FCF $1.6B; Q4 mod orders +18%; FY25 guide EPS $4.00-$4.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year 2024 net sales $14.3B, organic +1.4%; GAAP EPS $4.07 (+20.1% YoY), adjusted EPS $3.83 (+8.2%).","Q4 service sales +7.6% organic; maintenance portfolio grew 4.2% to ~2.4M units; modernization orders +18%, backlog +10%.","Q4 GAAP cash from ops $690M; adjusted FCF $682M; full year adjusted FCF $1.6B (highest since spin); share repurchases $1.0B.","FY2025 outlook: organic sales +2-4%, adj EPS $4.00-$4.10, adj FCF ~$1.6B."],"consensus_eps_estimate":null,"consensus_eps_actual":4.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":14261000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194519,"accession_number":"0001140361-24-047294","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-11-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Otis issues $600M 5.125% notes due 2031; sub issues €850M 2.875% notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Otis issued $600M of 5.125% Notes due 2031; net proceeds ~$594.5M.","Highland Holdings (Otis sub) issued €850M of 2.875% Notes due 2027; net ~€842M (~$902M).","Proceeds to fund repayment of $1.3B 2.056% notes due April 2025 and general corporate purposes.","Otis fully guarantees Highland Notes on unsecured unsubordinated basis.","Both issuances closed Nov 19, 2024; interest payable semi-annually starting May/Nov 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194518,"accession_number":"0001140361-24-046925","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["2.03","8.01","9.01"],"status":"ready","headline":"Otis prices $600M 5.125% notes due 2031 and €850M 2.875% notes due 2027 for 2025 debt refinancing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Dollar offering: $600M aggregate 5.125% Notes due 2031; net proceeds ~$594.5M.","Euro offering: €850M 2.875% Notes due 2027 via subsidiary Highland; net ~€842M.","Proceeds, with cash on hand, will repay $1.3B 2.056% notes maturing April 2025.","Both offerings expected to close on November 19, 2024.","Notes and parent guarantee are unsecured, unsubordinated obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194517,"accession_number":"0001781335-24-000054","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q3 adjusted EPS $0.96 (+1.1% YoY); Service organic sales +7.7%; New Equipment -8.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $1.34 (+47.3%), adjusted EPS $0.96 (+1.1%) on revenue $3.5B (+0.7%).","Service net sales +7.2% organic (+7.7%); segment profit $555M (+$37M) with margin flat at 24.8%.","New Equipment sales -8.8% organic (-8.2%); orders -3% constant currency, China decline >20%.","FY2024 outlook: adjusted EPS ~$3.85 (+9%), organic Service sales ~6.5%, adj. free cash flow $1.4-1.5B.","Q3 share repurchases $200M; YTD $800M."],"consensus_eps_estimate":null,"consensus_eps_actual":3.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":10586000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210851,"accession_number":"0001781335-24-000045","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Cristina Méndez named Otis EVP & CFO; receives $770k salary, $2.39M LTI award","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed EVP & CFO effective Aug 23, 2024; reports to CEO.","Annual base salary $770,000; STI target 100% of base, prorated for 2024.","Granted $2,390,000 LTI: 50% PSUs (vest 2027), 25% RSUs & 25% SARs (3-year ratable).","Relocation to Farmington, CT; housing $5k/mo and other assignment benefits.","Subject to 2-year worldwide non-compete and ELG Severance Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210850,"accession_number":"0001781335-24-000036","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-07-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q2 adjusted EPS $1.06 (+15.2% YoY); raises FY2024 adjusted EPS outlook to $3.85-$3.90","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $1.02 (+13.3% YoY); adjusted EPS $1.06 (+15.2% YoY); net sales $3.6B (-3.2%).","Service organic sales +5.1%; margin expanded 110bps to 24.7%; New Equipment sales -11.4%, backlog -4%.","Mod orders +14%, backlog +15%; maintenance portfolio units +4.2%.","Repurchased $300M in Q2; 1H adjusted free cash flow $508M; FY adjusted free cash flow outlook ~$1.5-$1.6B.","UpLift cost savings target increased to $175M run rate by mid-2025."],"consensus_eps_estimate":null,"consensus_eps_actual":1.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":7038000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210849,"accession_number":"0001140361-24-033538","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-07-19T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Otis CFO Anurag Maheshwari resigns; Cristina Méndez appointed as successor effective Aug 23, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Anurag Maheshwari resigns as EVP & CFO effective Aug 23, 2024 to pursue external opportunity; no dispute with company.","Board appoints Cristina Méndez as EVP & CFO effective same date; she currently is SVP Finance EMEA & Transformation.","Méndez receives base salary increase to $770,000, STI target 100% of base, and supplemental LTI award of $2,390,000.","Méndez to relocate to US on expatriate assignment with customary benefits; current employment agreement to be amended.","Otis plans to release Q2 earnings on July 24; both Maheshwari and Méndez will join the earnings call."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229256,"accession_number":"0001781335-24-000026","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Otis annual meeting: shareholders reject majority voting proposal; CEO Marks gets 5.6% against votes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected; CEO Judith F. Marks received 18.4M against votes (5.6% of votes cast).","Advisory say-on-pay approved with ~89% support (295.9M for, 36.6M against).","Shareholders rejected majority voting in director elections (39.7M for vs 293.4M against).","PricewaterhouseCoopers ratified as independent auditor with 99.8% support."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229255,"accession_number":"0001781335-24-000016","cik":1781335,"company_name":"Otis Worldwide Corp","ticker":"OTIS","form_type":"8-K","filed_at":"2024-04-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Otis Q1: Adj EPS $0.88 (+10%), Service sales +6.5% organic; New Equip orders -10%; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.86 (+8.9%), adjusted EPS $0.88 (+10.0%); revenue $3.44B, organic +3.8%.","Service organic sales +6.5%, margin 24.2% (+70 bps); modernization orders +13%, backlog +14%.","New Equipment orders -10% at constant currency, backlog -2% (~flat at cc).","Raised FY adj EPS guidance to $3.83-$3.90; boosted buyback target to $1B; dividend +14.7%.","Q1 cash from ops $171M (-$107M), adj free cash flow $155M (-$98M) due to working capital."],"consensus_eps_estimate":null,"consensus_eps_actual":0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":3437000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":27203550735.939682,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}