Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Otis Worldwide logoOtis Worldwide OTIS

The company said it held its May 15, 2025 Annual Meeting of Shareholders. As of the record date of March 17, 2025, there were 395,629,196 shares of common stock issued and outstanding. A quorum of 358,121,969 shares was represented at the meeting.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it held its May 15, 2025 Annual Meeting of Shareholders. As of the record date of March 17, 2025, there were 395,629,196 shares of common stock issued and outstanding. A quorum of 358,121,969 shares was represented at the meeting.

  2. The company said the director nominees were elected to serve until the 2026 Annual Meeting of Shareholders. For example, Shailesh G. Jejurikar received 310,839,013 votes for and 23,533,611 against, and Judith F. Marks received 311,396,772 votes for and 18,655,440 against.

  3. The company said the advisory proposal on the compensation of its named executive officers was not approved. It reported 131,352,789 votes for, 202,204,629 against and 1,074,705 abstentions.

  4. The company said the proposal to appoint PricewaterhouseCoopers LLP as its independent auditor for 2025 was approved, with 357,214,770 votes for. The proposal on reporting political contributions and expenditures was not approved, with 132,918,428 votes for and 199,404,220 against.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Annual Shareholders Meeting Held in 2025 and Voting Quorum

The company said it held its May 15, 2025 Annual Meeting of Shareholders. As of the record date of March 17, 2025, there were 395,629,196 shares of common stock issued and outstanding. A quorum of 358,121,969 shares was represented at the meeting.

Source · Based on the filing body and exhibits

Director Election Voting Results

The company said the director nominees were elected to serve until the 2026 Annual Meeting of Shareholders. For example, Shailesh G. Jejurikar received 310,839,013 votes for and 23,533,611 against, and Judith F. Marks received 311,396,772 votes for and 18,655,440 against.

Source · Based on the filing body and exhibits

Advisory Vote on Executive Pay Not Approved

The company said the advisory proposal on the compensation of its named executive officers was not approved. It reported 131,352,789 votes for, 202,204,629 against and 1,074,705 abstentions.

Source · Based on the filing body and exhibits

Auditor Appointment Approved; Political Spending Report Proposal Rejected

The company said the proposal to appoint PricewaterhouseCoopers LLP as its independent auditor for 2025 was approved, with 357,214,770 votes for. The proposal on reporting political contributions and expenditures was not approved, with 132,918,428 votes for and 199,404,220 against.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.