Insider Activity Highlights a Strategic Shift at Otis Worldwide
On February 3 2026, EVP Zheng Peiming executed a sizable purchase of Otis common stock, buying 7,931 shares as part of the vesting of performance share units (PSUs). The transaction was almost perfectly balanced by a simultaneous sale of 2,556 shares the same day, reflecting a net purchase of 5,375 shares. The buy was priced near the current market level ($90.37), and the overall market reaction was muted—sentiment rose modestly (+91) while buzz spiked to 1,037 % as investors weighed the implications of a large insider trade in an otherwise steady stock.
This pattern is not an isolated event. Zheng’s recent trading history shows a consistent blend of sales and acquisitions. In December 2025 he sold 10,102 common shares and 185 restricted shares, then bought 10,102 shares the next day, netting a balanced position. His activity mirrors that of other senior executives, such as CFO Maria Cristina Mendez, who traded 6,639 shares on the same day. Across the board, executives are actively managing their holdings—often buying to signal confidence while selling to meet liquidity needs or comply with vesting schedules. For investors, this cadence suggests that insiders are neither over‑optimistic nor overly pessimistic; they appear comfortable with Otis’s trajectory while maintaining personal financial discipline.
What This Means for Investors
The net purchase by Zheng adds a subtle bullish signal. Executives typically trade on information not yet public, and a net buy during a period of modest price appreciation (4.68 % weekly gain) indicates that the leadership team sees value in the company’s ongoing projects, particularly in the global expansion of elevators and escalators. However, the simultaneous sale of shares dilutes any single‑day effect, and the overall insider activity remains within the 2–3 % range of total shares, which is below the 5 % threshold that often triggers heightened market scrutiny. Therefore, the trade should not materially shift market sentiment but may reassure risk‑averse investors looking for leadership endorsement.
Profile of Zheng Peiming
Zheng Peiming has been a steady presence in Otis’s executive team since his appointment as EVP of Product Delivery. His insider filings reveal a disciplined approach: he routinely sells shares to meet vesting or liquidity needs and re‑acquires them once the market recovers or new PSUs vest. Over the past year, he has traded roughly 30,000 shares, with a net position hovering near 16,000–20,000 shares. Unlike some peers who hold large blocks of restricted stock, Zheng’s holdings are relatively modest, suggesting a preference for liquidity and a willingness to rebalance as market conditions change. His buying activity during the current period, coupled with his history of PSUs vesting, indicates a belief that Otis’s long‑term growth—particularly in emerging markets—justifies a gradual accumulation of shares.
Outlook for Otis Worldwide Corp
Otis remains a stable player in the industrials sector with a market cap of $35.5 billion and a P/E of 24.98. The recent insider buying, along with institutional buys from Davidson Investment Advisors and TD Waterhouse Canada, points to a cautiously optimistic view of the company’s performance. The stock’s 52‑week low at $84 and high at $106 suggests moderate volatility, but the current price ($90.37) sits comfortably mid‑range, offering upside potential if the company continues to deliver on its expansion plans. For investors, the insider activity signals that executives are not merely holding onto their shares but are actively engaging with the market—a positive sign for long‑term confidence without creating significant short‑term price swings.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-03 | Zheng Peiming (EVP, Chief Product, Delivery) | Buy | 7,931.00 | 0.00 | Common Stock |
| 2026-02-03 | Zheng Peiming (EVP, Chief Product, Delivery) | Sell | 2,556.00 | 87.16 | Common Stock |
| 2026-02-03 | Zheng Peiming (EVP, Chief Product, Delivery) | Buy | 1,539.00 | 0.00 | Common Stock |
| 2026-02-03 | Zheng Peiming (EVP, Chief Product, Delivery) | Sell | 483.00 | 87.16 | Common Stock |
| 2026-02-04 | Zheng Peiming (EVP, Chief Product, Delivery) | Buy | 3,250.00 | 0.00 | Common Stock |
| 2026-02-04 | Zheng Peiming (EVP, Chief Product, Delivery) | Sell | 1,507.00 | 90.37 | Common Stock |
| 2026-02-04 | Zheng Peiming (EVP, Chief Product, Delivery) | Sell | 3,250.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Ryan Michael Patrick (SVP, CAO & Controller) | Buy | 1,850.00 | 0.00 | Common Stock |
| 2026-02-03 | Ryan Michael Patrick (SVP, CAO & Controller) | Sell | 668.00 | 87.16 | Common Stock |
| 2026-02-04 | Ryan Michael Patrick (SVP, CAO & Controller) | Buy | 532.00 | 0.00 | Common Stock |
| 2026-02-04 | Ryan Michael Patrick (SVP, CAO & Controller) | Sell | 167.00 | 90.37 | Common Stock |
| 2026-02-03 | Ryan Michael Patrick (SVP, CAO & Controller) | Buy | 1,657.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Ryan Michael Patrick (SVP, CAO & Controller) | Sell | 532.00 | N/A | Restricted Stock Units |
| 2026-02-03 | de Montlivault Stephane (President, Otis Asia Pacific) | Buy | 7,931.00 | 0.00 | Common Stock |
| 2026-02-04 | de Montlivault Stephane (President, Otis Asia Pacific) | Buy | 2,166.00 | 0.00 | Common Stock |
| 2026-02-04 | de Montlivault Stephane (President, Otis Asia Pacific) | Sell | 2,166.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Minarro Viseras Enrique (Chief Operating Officer) | Buy | 13,525.00 | 0.00 | Common Stock |
| 2026-02-03 | Minarro Viseras Enrique (Chief Operating Officer) | Sell | 6,357.00 | 87.16 | Common Stock |
| 2026-02-04 | Minarro Viseras Enrique (Chief Operating Officer) | Buy | 3,973.00 | 0.00 | Common Stock |
| 2026-02-04 | Minarro Viseras Enrique (Chief Operating Officer) | Sell | 1,868.00 | 90.37 | Common Stock |
| 2026-02-03 | Minarro Viseras Enrique (Chief Operating Officer) | Buy | 15,666.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Minarro Viseras Enrique (Chief Operating Officer) | Sell | 3,973.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Mendez Echevarria Maria Cristina (EVP & CFO) | Buy | 1,639.00 | 0.00 | Common Stock |
| 2026-02-03 | Mendez Echevarria Maria Cristina (EVP & CFO) | Sell | 641.00 | 87.16 | Common Stock |
| 2026-02-04 | Mendez Echevarria Maria Cristina (EVP & CFO) | Buy | 4,333.00 | 0.00 | Common Stock |
| 2026-02-04 | Mendez Echevarria Maria Cristina (EVP & CFO) | Sell | 1,699.00 | 90.37 | Common Stock |
| 2026-02-03 | Mendez Echevarria Maria Cristina (EVP & CFO) | Buy | 14,771.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Mendez Echevarria Maria Cristina (EVP & CFO) | Sell | 4,333.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Marks Judith Fran (Chair, CEO and President) | Buy | 58,169.00 | 0.00 | Common Stock |
| 2026-02-03 | Marks Judith Fran (Chair, CEO and President) | Sell | 12,073.00 | 87.16 | Common Stock |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Buy | 18,425.00 | 0.00 | Common Stock |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Sell | 8,281.00 | 90.37 | Common Stock |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Sell | 46,780.00 | 89.57 | Common Stock |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Buy | 191,799.00 | 63.92 | Common Stock |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Sell | 135,692.00 | 90.35 | Common Stock |
| 2026-02-05 | Marks Judith Fran (Chair, CEO and President) | Sell | 56,107.00 | 90.89 | Common Stock |
| N/A | Marks Judith Fran (Chair, CEO and President) | Holding | 23,000.00 | N/A | Common Stock |
| 2026-02-03 | Marks Judith Fran (Chair, CEO and President) | Buy | 59,305.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Sell | 18,425.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Marks Judith Fran (Chair, CEO and President) | Sell | 191,799.00 | N/A | Stock Appreciation Rights |
| 2026-02-03 | Loh Sally (President, Otis Greater China) | Buy | 1,586.00 | 0.00 | Common Stock |
| 2026-02-03 | Loh Sally (President, Otis Greater China) | Buy | 6,156.00 | 0.00 | Common Stock |
| 2026-02-04 | Loh Sally (President, Otis Greater China) | Buy | 2,528.00 | 0.00 | Common Stock |
| 2026-02-03 | Loh Sally (President, Otis Greater China) | Buy | 8,057.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Loh Sally (President, Otis Greater China) | Sell | 2,528.00 | N/A | Restricted Stock Units |
| 2026-02-03 | LaFreniere Nora E. (EVP, General Counsel) | Buy | 7,931.00 | 0.00 | Common Stock |
| 2026-02-03 | LaFreniere Nora E. (EVP, General Counsel) | Sell | 2,557.00 | 87.16 | Common Stock |
| 2026-02-04 | LaFreniere Nora E. (EVP, General Counsel) | Buy | 2,528.00 | 0.00 | Common Stock |
| 2026-02-04 | LaFreniere Nora E. (EVP, General Counsel) | Sell | 793.00 | 90.37 | Common Stock |
| 2026-02-03 | LaFreniere Nora E. (EVP, General Counsel) | Buy | 8,057.00 | N/A | Restricted Stock Units |
| 2026-02-04 | LaFreniere Nora E. (EVP, General Counsel) | Sell | 2,528.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Lefebure Thibault Pierre Marie (President, Otis EMEA) | Buy | 1,216.00 | 0.00 | Common Stock |
| 2026-02-03 | Lefebure Thibault Pierre Marie (President, Otis EMEA) | Sell | 499.00 | 87.16 | Common Stock |
| 2026-02-04 | Lefebure Thibault Pierre Marie (President, Otis EMEA) | Buy | 315.00 | 0.00 | Common Stock |
| 2026-02-03 | Lefebure Thibault Pierre Marie (President, Otis EMEA) | Buy | 6,714.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Lefebure Thibault Pierre Marie (President, Otis EMEA) | Sell | 315.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Green Neil (EVP & Chief Digital Officer) | Buy | 2,961.00 | 0.00 | Common Stock |
| 2026-02-03 | Green Neil (EVP & Chief Digital Officer) | Sell | 976.00 | 87.16 | Common Stock |
| 2026-02-04 | Green Neil (EVP & Chief Digital Officer) | Buy | 1,155.00 | 0.00 | Common Stock |
| 2026-02-04 | Green Neil (EVP & Chief Digital Officer) | Sell | 349.00 | 90.37 | Common Stock |
| 2026-02-03 | Green Neil (EVP & Chief Digital Officer) | Buy | 3,693.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Green Neil (EVP & Chief Digital Officer) | Sell | 1,155.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Gosk Kimberly Shannon (EVP & CPO) | Buy | 1,559.00 | 0.00 | Common Stock |
| 2026-02-03 | Gosk Kimberly Shannon (EVP & CPO) | Sell | 543.00 | 87.16 | Common Stock |
| 2026-02-04 | Gosk Kimberly Shannon (EVP & CPO) | Buy | 445.00 | 0.00 | Common Stock |
| 2026-02-04 | Gosk Kimberly Shannon (EVP & CPO) | Sell | 131.00 | 90.37 | Common Stock |
| 2026-02-03 | Gosk Kimberly Shannon (EVP & CPO) | Buy | 5,595.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Gosk Kimberly Shannon (EVP & CPO) | Sell | 445.00 | N/A | Restricted Stock Units |
| 2026-02-03 | Armas Joseph Jay (President, Otis Americas) | Buy | 1,110.00 | 0.00 | Common Stock |
| 2026-02-03 | Armas Joseph Jay (President, Otis Americas) | Sell | 333.00 | 87.16 | Common Stock |
| 2026-02-04 | Armas Joseph Jay (President, Otis Americas) | Buy | 431.00 | 0.00 | Common Stock |
| 2026-02-04 | Armas Joseph Jay (President, Otis Americas) | Sell | 124.00 | 90.37 | Common Stock |
| 2026-02-03 | Armas Joseph Jay (President, Otis Americas) | Buy | 7,609.00 | N/A | Restricted Stock Units |
| 2026-02-04 | Armas Joseph Jay (President, Otis Americas) | Sell | 431.00 | N/A | Restricted Stock Units |




