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.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-03Zheng Peiming (EVP, Chief Product, Delivery)Buy7,931.000.00Common Stock
2026-02-03Zheng Peiming (EVP, Chief Product, Delivery)Sell2,556.0087.16Common Stock
2026-02-03Zheng Peiming (EVP, Chief Product, Delivery)Buy1,539.000.00Common Stock
2026-02-03Zheng Peiming (EVP, Chief Product, Delivery)Sell483.0087.16Common Stock
2026-02-04Zheng Peiming (EVP, Chief Product, Delivery)Buy3,250.000.00Common Stock
2026-02-04Zheng Peiming (EVP, Chief Product, Delivery)Sell1,507.0090.37Common Stock
2026-02-04Zheng Peiming (EVP, Chief Product, Delivery)Sell3,250.00N/ARestricted Stock Units
2026-02-03Ryan Michael Patrick (SVP, CAO & Controller)Buy1,850.000.00Common Stock
2026-02-03Ryan Michael Patrick (SVP, CAO & Controller)Sell668.0087.16Common Stock
2026-02-04Ryan Michael Patrick (SVP, CAO & Controller)Buy532.000.00Common Stock
2026-02-04Ryan Michael Patrick (SVP, CAO & Controller)Sell167.0090.37Common Stock
2026-02-03Ryan Michael Patrick (SVP, CAO & Controller)Buy1,657.00N/ARestricted Stock Units
2026-02-04Ryan Michael Patrick (SVP, CAO & Controller)Sell532.00N/ARestricted Stock Units
2026-02-03de Montlivault Stephane (President, Otis Asia Pacific)Buy7,931.000.00Common Stock
2026-02-04de Montlivault Stephane (President, Otis Asia Pacific)Buy2,166.000.00Common Stock
2026-02-04de Montlivault Stephane (President, Otis Asia Pacific)Sell2,166.00N/ARestricted Stock Units
2026-02-03Minarro Viseras Enrique (Chief Operating Officer)Buy13,525.000.00Common Stock
2026-02-03Minarro Viseras Enrique (Chief Operating Officer)Sell6,357.0087.16Common Stock
2026-02-04Minarro Viseras Enrique (Chief Operating Officer)Buy3,973.000.00Common Stock
2026-02-04Minarro Viseras Enrique (Chief Operating Officer)Sell1,868.0090.37Common Stock
2026-02-03Minarro Viseras Enrique (Chief Operating Officer)Buy15,666.00N/ARestricted Stock Units
2026-02-04Minarro Viseras Enrique (Chief Operating Officer)Sell3,973.00N/ARestricted Stock Units
2026-02-03Mendez Echevarria Maria Cristina (EVP & CFO)Buy1,639.000.00Common Stock
2026-02-03Mendez Echevarria Maria Cristina (EVP & CFO)Sell641.0087.16Common Stock
2026-02-04Mendez Echevarria Maria Cristina (EVP & CFO)Buy4,333.000.00Common Stock
2026-02-04Mendez Echevarria Maria Cristina (EVP & CFO)Sell1,699.0090.37Common Stock
2026-02-03Mendez Echevarria Maria Cristina (EVP & CFO)Buy14,771.00N/ARestricted Stock Units
2026-02-04Mendez Echevarria Maria Cristina (EVP & CFO)Sell4,333.00N/ARestricted Stock Units
2026-02-03Marks Judith Fran (Chair, CEO and President)Buy58,169.000.00Common Stock
2026-02-03Marks Judith Fran (Chair, CEO and President)Sell12,073.0087.16Common Stock
2026-02-04Marks Judith Fran (Chair, CEO and President)Buy18,425.000.00Common Stock
2026-02-04Marks Judith Fran (Chair, CEO and President)Sell8,281.0090.37Common Stock
2026-02-04Marks Judith Fran (Chair, CEO and President)Sell46,780.0089.57Common Stock
2026-02-04Marks Judith Fran (Chair, CEO and President)Buy191,799.0063.92Common Stock
2026-02-04Marks Judith Fran (Chair, CEO and President)Sell135,692.0090.35Common Stock
2026-02-05Marks Judith Fran (Chair, CEO and President)Sell56,107.0090.89Common Stock
N/AMarks Judith Fran (Chair, CEO and President)Holding23,000.00N/ACommon Stock
2026-02-03Marks Judith Fran (Chair, CEO and President)Buy59,305.00N/ARestricted Stock Units
2026-02-04Marks Judith Fran (Chair, CEO and President)Sell18,425.00N/ARestricted Stock Units
2026-02-04Marks Judith Fran (Chair, CEO and President)Sell191,799.00N/AStock Appreciation Rights
2026-02-03Loh Sally (President, Otis Greater China)Buy1,586.000.00Common Stock
2026-02-03Loh Sally (President, Otis Greater China)Buy6,156.000.00Common Stock
2026-02-04Loh Sally (President, Otis Greater China)Buy2,528.000.00Common Stock
2026-02-03Loh Sally (President, Otis Greater China)Buy8,057.00N/ARestricted Stock Units
2026-02-04Loh Sally (President, Otis Greater China)Sell2,528.00N/ARestricted Stock Units
2026-02-03LaFreniere Nora E. (EVP, General Counsel)Buy7,931.000.00Common Stock
2026-02-03LaFreniere Nora E. (EVP, General Counsel)Sell2,557.0087.16Common Stock
2026-02-04LaFreniere Nora E. (EVP, General Counsel)Buy2,528.000.00Common Stock
2026-02-04LaFreniere Nora E. (EVP, General Counsel)Sell793.0090.37Common Stock
2026-02-03LaFreniere Nora E. (EVP, General Counsel)Buy8,057.00N/ARestricted Stock Units
2026-02-04LaFreniere Nora E. (EVP, General Counsel)Sell2,528.00N/ARestricted Stock Units
2026-02-03Lefebure Thibault Pierre Marie (President, Otis EMEA)Buy1,216.000.00Common Stock
2026-02-03Lefebure Thibault Pierre Marie (President, Otis EMEA)Sell499.0087.16Common Stock
2026-02-04Lefebure Thibault Pierre Marie (President, Otis EMEA)Buy315.000.00Common Stock
2026-02-03Lefebure Thibault Pierre Marie (President, Otis EMEA)Buy6,714.00N/ARestricted Stock Units
2026-02-04Lefebure Thibault Pierre Marie (President, Otis EMEA)Sell315.00N/ARestricted Stock Units
2026-02-03Green Neil (EVP & Chief Digital Officer)Buy2,961.000.00Common Stock
2026-02-03Green Neil (EVP & Chief Digital Officer)Sell976.0087.16Common Stock
2026-02-04Green Neil (EVP & Chief Digital Officer)Buy1,155.000.00Common Stock
2026-02-04Green Neil (EVP & Chief Digital Officer)Sell349.0090.37Common Stock
2026-02-03Green Neil (EVP & Chief Digital Officer)Buy3,693.00N/ARestricted Stock Units
2026-02-04Green Neil (EVP & Chief Digital Officer)Sell1,155.00N/ARestricted Stock Units
2026-02-03Gosk Kimberly Shannon (EVP & CPO)Buy1,559.000.00Common Stock
2026-02-03Gosk Kimberly Shannon (EVP & CPO)Sell543.0087.16Common Stock
2026-02-04Gosk Kimberly Shannon (EVP & CPO)Buy445.000.00Common Stock
2026-02-04Gosk Kimberly Shannon (EVP & CPO)Sell131.0090.37Common Stock
2026-02-03Gosk Kimberly Shannon (EVP & CPO)Buy5,595.00N/ARestricted Stock Units
2026-02-04Gosk Kimberly Shannon (EVP & CPO)Sell445.00N/ARestricted Stock Units
2026-02-03Armas Joseph Jay (President, Otis Americas)Buy1,110.000.00Common Stock
2026-02-03Armas Joseph Jay (President, Otis Americas)Sell333.0087.16Common Stock
2026-02-04Armas Joseph Jay (President, Otis Americas)Buy431.000.00Common Stock
2026-02-04Armas Joseph Jay (President, Otis Americas)Sell124.0090.37Common Stock
2026-02-03Armas Joseph Jay (President, Otis Americas)Buy7,609.00N/ARestricted Stock Units
2026-02-04Armas Joseph Jay (President, Otis Americas)Sell431.00N/ARestricted Stock Units