---
schema_version: "secwatch.filing_event.v1"
accession: "0001781335-25-000024"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:28:02.804468+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Otis shareholders reject advisory vote on executive compensation at 2025 annual meeting

## Summary
- 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.

## SEC filing metadata
- accession: 0001781335-25-000024
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000024/0001781335-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000024/otis-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781335-25-000024
- JSON: https://secwatch.observer/filing/0001781335-25-000024.json
- Plain text: https://secwatch.observer/filing/0001781335-25-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.