FINHUB Insights

What the executives and directors of Otis Worldwide actually did with their own shares, decoded from three years of SEC Form 4 filings.

−$17.2M net open-market flow, 12 m
0 open-market buys, 12 m
54% of sale value on 10b5-1 plans
2,066 days since an insider bought

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine
$50$1002024Jul2025Jul2026JulMaheshwari Anurag — routine flow, 2,687 (2023-10-03)Zheng Peiming — routine flow, 232 (2023-11-10)Marks Judith Fran — routine flow, 13.3K (2024-02-03)Ryan Michael Patrick — routine flow, 484 (2024-02-03)de Montlivault Stephane — routine flow, 1,375 (2024-02-03)LaFreniere Nora E. — routine flow, 2,002 (2024-02-03)Zheng Peiming — routine flow, 1,784 (2024-02-03)Luersman Abbe — routine flow, 1,717 (2024-02-03)Green Neil — routine flow, 771 (2024-02-03)Maheshwari Anurag — routine flow, 620 (2024-02-03)Loh Sally — routine flow, 282 (2024-02-03)Marks Judith Fran — routine flow, 201.8K (2024-02-07)Ryan Michael Patrick — routine flow, 7,892 (2024-02-07)de Montlivault Stephane — routine flow, 24.1K (2024-02-07)LaFreniere Nora E. — routine flow, 36.2K (2024-02-07)Zheng Peiming — routine flow, 33.7K (2024-02-07)Green Neil — routine flow, 11.7K (2024-02-07)Maheshwari Anurag — routine flow, 13.2K (2024-02-07)Loh Sally — routine flow, 4,051 (2024-02-07)Luersman Abbe — routine flow, 21.8K (2024-02-07)LaFreniere Nora E. — routine flow, 23.7K (2024-02-20)de Montlivault Stephane — routine flow, 110.1K (2024-02-21)Zheng Peiming — routine flow, 441 (2024-03-01)Loh Sally — routine flow, 1,207 (2024-03-01)Zheng Peiming — routine flow, 67.8K (2024-05-07)Loh Sally — routine flow, 1,120 (2024-06-01)Luersman Abbe — routine flow, 15K (2024-08-02)Embree Tracy A — routine flow, 34K (2024-11-01)Minarro Viseras Enrique — routine flow, 28.3K (2024-11-01)Ryan Michael Patrick — routine flow, 25.6K (2024-11-08)Ryan Michael Patrick — routine flow, 94 (2024-12-02)Zheng Peiming — routine flow, 318 (2024-12-02)Zheng Peiming — routine flow, 52K (2025-01-31)Embree Tracy A — routine flow, 3,066 (2025-02-06)Minarro Viseras Enrique — routine flow, 3,545 (2025-02-06)Marks Judith Fran — routine flow, 211.4K (2025-02-07)Ryan Michael Patrick — routine flow, 3,798 (2025-02-07)de Montlivault Stephane — routine flow, 11.3K (2025-02-07)LaFreniere Nora E. — routine flow, 17.7K (2025-02-07)Zheng Peiming — routine flow, 17.4K (2025-02-07)Luersman Abbe — routine flow, 13.7K (2025-02-07)Green Neil — routine flow, 6,209 (2025-02-07)Loh Sally — routine flow, 3,578 (2025-02-07)Mendez Echevarria Maria Cristina — routine flow, 3,219 (2025-02-07)de Montlivault Stephane — routine flow, 57K (2025-02-13)Zheng Peiming — routine flow, 447 (2025-03-01)Loh Sally — routine flow, 1,228 (2025-03-01)Mendez Echevarria Maria Cristina — routine flow, 1,166 (2025-03-01)de Montlivault Stephane — routine flow, 16.3K (2025-03-10)LaFreniere Nora E. — routine flow, 15.3K (2025-07-23)Mendez Echevarria Maria Cristina — routine flow, 2,912 (2025-08-23)Mendez Echevarria Maria Cristina — routine flow, 1,529 (2025-10-02)Minarro Viseras Enrique — routine flow, 28.8K (2025-11-01)Ryan Michael Patrick — routine flow, 10K (2025-11-05)Ryan Michael Patrick — routine flow, 46 (2025-12-03)Zheng Peiming — routine flow, 15.2K (2025-12-03)Minarro Viseras Enrique — routine flow, 29.3K (2026-02-06)Marks Judith Fran — routine flow, 323K (2026-02-07)Ryan Michael Patrick — routine flow, 4,112 (2026-02-07)de Montlivault Stephane — routine flow, 13.2K (2026-02-07)LaFreniere Nora E. — routine flow, 18.4K (2026-02-07)Zheng Peiming — routine flow, 22.6K (2026-02-07)Green Neil — routine flow, 7,125 (2026-02-07)Loh Sally — routine flow, 12.2K (2026-02-07)Mendez Echevarria Maria Cristina — routine flow, 9,206 (2026-02-07)Armas Joseph Jay — routine flow, 2,641 (2026-02-07)Gosk Kimberly Shannon — routine flow, 3,481 (2026-02-07)Lefebure Thibault Pierre Marie — routine flow, 2,705 (2026-02-07)LaFreniere Nora E. — routine flow, 5,107 (2026-02-10)Loh Sally — routine flow, 1,520 (2026-03-01)Armas Joseph Jay — routine flow, 2,101 (2026-06-02)Routine: vests, tax, giftsMarks Judith Fran (CEO) — Planned sale (10b5-1): 37.3K @ $91.83 = $3.4M (2024-02-07)Marks Judith Fran (CEO) — Planned sale (10b5-1): 38K @ $94.41 = $3.6M (2025-02-05)Marks Judith Fran (CEO) — Planned sale (10b5-1): 28.4K @ $95.77 = $2.7M (2025-02-10)Marks Judith Fran (CEO) — Planned sale (10b5-1): 102.9K @ $90.29 = $9.3M (2026-02-05)Ryan Michael Patrick (Officer) — Discretionary sale: 3,522 @ $90.77 = $320K (2024-02-20)LaFreniere Nora E. (Officer) — Discretionary sale: 22.1K @ $90.87 = $2M (2024-02-20)de Montlivault Stephane (Officer) — Discretionary sale: 18.4K @ $91.1 = $1.7M (2024-02-21)Zheng Peiming (Officer) — Discretionary sale: 30.4K @ $93.69 = $2.8M (2024-05-07)Luersman Abbe (Officer) — Discretionary sale: 9,000 @ $101.02 = $909K (2024-11-07)Ryan Michael Patrick (Officer) — Discretionary sale: 5,638 @ $100.95 = $569K (2024-11-08)Zheng Peiming (Officer) — Discretionary sale: 32.7K @ $95.43 = $3.1M (2025-01-31)LaFreniere Nora E. (Officer) — Discretionary sale: 4,775 @ $94.41 = $451K (2025-02-05)LaFreniere Nora E. (Officer) — Discretionary sale: 1,700 @ $95.91 = $163K (2025-02-10)de Montlivault Stephane (Officer) — Discretionary sale: 25K @ $97.14 = $2.4M (2025-02-13)de Montlivault Stephane (Officer) — Discretionary sale: 6,660 @ $105.3 = $701K (2025-03-10)Ryan Michael Patrick (Officer) — Discretionary sale: 3,028 @ $91.69 = $278K (2025-11-05)Green Neil (Officer) — Discretionary sale: 6,000 @ $86.45 = $519K (2026-02-02)Ryan Michael Patrick (Officer) — Discretionary sale: 1,182 @ $90.06 = $106K (2026-02-10)LaFreniere Nora E. (Officer) — Discretionary sale: 27.4K @ $90.38 = $2.5M (2026-02-10)de Montlivault Stephane (Officer) — Discretionary sale: 47.9K @ $92.25 = $4.4M (2026-02-12)Lefebure Thibault Pierre Marie (Officer) — Discretionary sale: 1,628 @ $76.89 = $125K (2026-05-07)De $4.4MZheng $3.1M

Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.

Where the shares went, last 12 months

Granted: 115.1KGranted 115.1KVested / exercised: 325.2KVested / exercised 325.2KWithheld for tax: 220.7KWithheld for tax 220.7KPlanned sales (10b5-1): 102.9KPlanned sales (10b5-1) 102.9KDiscretionary sales: 87.2KDiscretionary sales 87.2KKept: 29.5KKept 29.5K

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

Skin in the game

10020222023202420252026LaFreniere Nora E.Loh SallyLoh 218Lafreniere 97

Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.

Who holds what

Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
Marks Judith Fran President and CEO CEO 249.4K $9.3M 2026-02-05
Loh Sally President, Otis Greater China Officer 45.8K
LaFreniere Nora E. EVP, General Counsel Officer 44.6K $2.5M 2026-02-10
Maheshwari Anurag EVP & CFO CFO 33.8K
Minarro Viseras Enrique Chief Operating Officer COO 33.6K
de Montlivault Stephane President, Otis Asia Pacific Officer 29.2K $4.4M 2026-02-12
Zheng Peiming President, Otis China Officer 23.1K 2025-01-31
Embree Tracy A President, Otis Americas Officer 18.9K
Luersman Abbe EVP & CPO Officer 17.7K 2024-11-07
Mendez Echevarria Maria Cristina EVP & CFO CFO 9,390
Green Neil EVP & Chief Digital Officer Officer 7,650 $519K 2026-02-02
Gosk Kimberly Shannon EVP & CPO Officer 7,549
Lefebure Thibault Pierre Marie President, Otis EMEA Officer 4,008 $125K 2026-05-07
Ryan Michael Patrick VP, CAO & Controller Officer 3,504 $384K 2026-02-10

Open-market trade log

Date Insider Type Shares Price Value Since trade Filed
2026-05-07 Lefebure Thibault Pierre Marie (Officer) Discretionary sale 1,628 $76.89 $125K 0% 2026-05-07
2026-02-12 de Montlivault Stephane (Officer) Discretionary sale 47.9K $92.25 $4.4M -16.7% 2026-02-13
2026-02-10 Ryan Michael Patrick (Officer) Discretionary sale 1,182 $90.06 $106K -14.6% 2026-02-10
2026-02-10 LaFreniere Nora E. (Officer) Discretionary sale 1,793 $90.38 $162K -14.9% 2026-02-10
2026-02-10 LaFreniere Nora E. (Officer) Discretionary sale 25.6K $90.38 $2.3M -14.9% 2026-02-10
2026-02-05 Marks Judith Fran (CEO) Planned sale (10b5-1) 56.1K $90.89 $5.1M -15.4% 2026-02-05
2026-02-04 Marks Judith Fran (CEO) Planned sale (10b5-1) 46.8K $89.57 $4.2M -14.2% 2026-02-05
2026-02-02 Green Neil (Officer) Discretionary sale 6,000 $86.45 $519K -11.1% 2026-02-03
2025-11-05 Ryan Michael Patrick (Officer) Discretionary sale 3,028 $91.69 $278K -16.1% 2025-11-07
2025-03-10 de Montlivault Stephane (Officer) Discretionary sale 3,037 $105.25 $320K -27% 2025-03-11
2025-03-10 de Montlivault Stephane (Officer) Discretionary sale 3,623 $105.34 $382K -27% 2025-03-11
2025-02-13 de Montlivault Stephane (Officer) Discretionary sale 25K $97.14 $2.4M -20.9% 2025-02-18
2025-02-10 Marks Judith Fran (CEO) Planned sale (10b5-1) 28.4K $95.77 $2.7M -19.7% 2025-02-10
2025-02-10 LaFreniere Nora E. (Officer) Discretionary sale 1,700 $95.91 $163K -19.8% 2025-02-10
2025-02-05 Marks Judith Fran (CEO) Planned sale (10b5-1) 38K $94.41 $3.6M -18.6% 2025-02-05
2025-02-05 LaFreniere Nora E. (Officer) Discretionary sale 4,775 $94.41 $451K -18.6% 2025-02-05
2025-01-31 Zheng Peiming (Officer) Discretionary sale 15.4K $95.08 $1.5M -19.1% 2025-02-04
2025-01-31 Zheng Peiming (Officer) Discretionary sale 17.3K $95.74 $1.7M -19.7% 2025-02-04
2024-11-08 Ryan Michael Patrick (Officer) Discretionary sale 5,638 $100.95 $569K -23.8% 2024-11-12
2024-11-07 Luersman Abbe (Officer) Discretionary sale 9,000 $101.02 $909K -23.9% 2024-11-08
2024-05-07 Zheng Peiming (Officer) Discretionary sale 30.4K $93.69 $2.8M -17.9% 2024-05-08
2024-02-21 de Montlivault Stephane (Officer) Discretionary sale 18.4K $91.10 $1.7M -15.6% 2024-02-23
2024-02-20 Ryan Michael Patrick (Officer) Discretionary sale 3,522 $90.77 $320K -15.3% 2024-02-20
2024-02-20 LaFreniere Nora E. (Officer) Discretionary sale 22.1K $90.87 $2M -15.4% 2024-02-20
2024-02-07 Marks Judith Fran (CEO) Planned sale (10b5-1) 37.3K $91.83 $3.4M -16.3% 2024-02-08
2023-07-28 Ryan Michael Patrick (Officer) Discretionary sale 6,372 $90.50 $577K -15% 2023-07-28
2023-07-28 Calleja Fernandez Bernardo (Officer) Discretionary sale 3,992 $90.70 $362K -15.2% 2023-07-28
2023-03-06 Calleja Fernandez Bernardo (Officer) Discretionary sale 703 $86.85 $61K -11.5% 2023-03-07
2023-02-14 Calleja Fernandez Bernardo (Officer) Discretionary sale 837 $84.67 $71K -9.2% 2023-02-16
2023-02-06 Ryan Michael Patrick (Officer) Discretionary sale 100 $84.52 $8K -9% 2023-02-07
2023-02-06 Ryan Michael Patrick (Officer) Discretionary sale 1,107 $84.49 $94K -9% 2023-02-07
2023-02-06 Ryan Michael Patrick (Officer) Discretionary sale 1,811 $84.44 $153K -8.9% 2023-02-07
2023-02-06 Cramer James F. (Officer) Discretionary sale 700 $83.97 $59K -8.4% 2023-02-07
2023-02-03 de Montlivault Stephane (Officer) Discretionary sale 13 $84.34 $1K -8.8% 2023-02-07
2023-02-03 de Montlivault Stephane (Officer) Discretionary sale 4,787 $84.32 $404K -8.8% 2023-02-07
2023-02-03 de Montlivault Stephane (Officer) Discretionary sale 11.2K $84.23 $944K -8.7% 2023-02-07
2023-02-03 LaFreniere Nora E. (Officer) Discretionary sale 5,514 $83.85 $462K -8.3% 2023-02-07
2023-02-03 LaFreniere Nora E. (Officer) Discretionary sale 6,000 $83.81 $503K -8.3% 2023-02-07
2023-02-03 Zheng Peiming (Officer) Discretionary sale 1,798 $83.86 $151K -8.3% 2023-02-07
2023-02-03 Zheng Peiming (Officer) Discretionary sale 11.3K $83.80 $950K -8.3% 2023-02-07
2023-02-03 Cramer James F. (Officer) Discretionary sale 1,259 $84.15 $106K -8.6% 2023-02-07
2023-02-03 Cramer James F. (Officer) Discretionary sale 5,142 $84.28 $433K -8.8% 2023-02-07
2022-08-08 Ryan Michael Patrick (Officer) Discretionary sale 600 $79.50 $48K -3.3% 2022-08-09
2022-08-08 Ryan Michael Patrick (Officer) Discretionary sale 2,383 $79.51 $189K -3.3% 2022-08-09
2022-08-02 GHAI RAHUL (CFO) Discretionary sale 100 $77.88 $8K -1.3% 2022-08-02
2022-08-02 GHAI RAHUL (CFO) Discretionary sale 4,900 $77.87 $382K -1.3% 2022-08-02
2022-08-01 GHAI RAHUL (CFO) Discretionary sale 618 $78.56 $49K -2.1% 2022-08-02
2022-08-01 GHAI RAHUL (CFO) Discretionary sale 2,000 $78.54 $157K -2.1% 2022-08-02
2022-07-29 LaFreniere Nora E. (Officer) Discretionary sale 13.6K $76.54 $1M +0.5% 2022-08-01
2022-05-27 Zheng Peiming (Officer) Discretionary sale 233 $75.92 $18K +1.3% 2022-05-31
2022-05-27 Zheng Peiming (Officer) Discretionary sale 3,100 $75.92 $235K +1.3% 2022-05-31
2021-07-28 Ryan Michael Patrick (Officer) Discretionary sale 2,220 $87.44 $194K 2021-07-30
2021-07-28 Calleja Fernandez Bernardo (Officer) Discretionary sale 1,597 $87.80 $140K 2021-07-30
2021-04-28 Zheng Peiming (Officer) Discretionary sale 15.2K $78.67 $1.2M 2021-04-29
2021-02-08 Stewart Shelley JR (Director) Discretionary sale 1,971 $63.73 $126K 2021-02-09
2021-02-05 Ryan Michael Patrick (Officer) Discretionary sale 463 $63.93 $30K 2021-02-09
2021-02-05 LaFreniere Nora E. (Officer) Discretionary sale 754 $63.93 $48K 2021-02-09
2021-01-14 PRESTON MARGARET M V (Director) Discretionary sale 14 $65.09 $911 2021-02-09 late
2020-12-09 Calleja Fernandez Bernardo (Officer) Open-market buy 500 $65.51 $33K 2020-12-11
2020-10-30 Marks Judith Fran (CEO) Discretionary sale 47 $61.28 $3K 2020-11-03

“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.

Filing hygiene

150 Forms 4, 3 years
1 filed late
0 amendments
1.8 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC, refreshed daily. Browse the source filings on SEC EDGAR. Data through 2026-08-06