secwatch.observer — SEC 8-K summary
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Issuer:     Otis Worldwide Corp (OTIS)
CIK:        0001781335
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001781335-24-000026
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Otis annual meeting: shareholders reject majority voting proposal; CEO Marks gets 5.6% against votes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781335/000178133524000026/0001781335-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781335/000178133524000026/otis-20240516.htm
  HTML page:      https://secwatch.observer/filing/0001781335-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer