OTIS · News · 20260804N

Market Demand Trends

Otis Worldwide Corp · 2026-08-04 · Importance 38 · Surprise 24

Otis operates in more than 200 countries, giving it broad geographic exposure in the global elevator market. More than 90% of Otis’ profits comes from recurring service activities, including elevator maintenance, repairs and modernization. This service mix positions the company as less dependent on new-equipment demand and potentially more defensive during volatile market conditions.

Key facts

• These DSUs will convert into common stock upon his retirement or termination, with distribution based on his prior election. source
• Christopher J. Kearney was granted 290.899 deferred stock units (DSUs) on August 3, 2026, as part of his annual retainer for serving as Lead Director. source
• Shares of Otis Worldwide Corp. (OTIS) rallied 2.01% on Tuesday, closing at $73.64. source
• Following this award, Kearney now holds a total of 19,940.825 DSUs. source
• This marks the third consecutive day of gains for the stock. source