Otis EVP Zheng Peiming reports RSU vesting, share sales
Otis Worldwide Corp executive Zheng Peiming reported routine stock activity related to restricted stock units (RSUs) vesting and share dispositions.
Rhea-AI Filing Summary
Otis Worldwide Corp executive Zheng Peiming reported routine stock activity related to restricted stock units (RSUs) vesting and share dispositions. On February 6, 2026, 2,213 RSUs converted into the same number of common shares at $0 per share, followed by a disposition of 974 common shares at $89.85 per share. On February 7, 2026, 1,476 RSUs converted into 1,476 common shares at $0 per share, with a further disposition of 650 common shares at $89.85 per share. After these transactions, Zheng directly held 22,455 shares of Otis common stock. The RSUs convert into common stock on a one-for-one basis and include dividend equivalents credited as additional RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,476 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,476 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 650 | $89.85 | $58K |
| Exercise | Restricted Stock Units | 2,213 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,213 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 974 | $89.85 | $88K |
Footnotes (3)
- F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
- F2. On February 6, 2024, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The second installment vested on the Transaction Date.
- F3. On February 7, 2023, the reporting person was granted RSUs vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. The last installment vested on the Transaction Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OTIS executive Zheng Peiming report on this Form 4?
What RSU activity involving OTIS stock occurred on February 6, 2026?
What RSU activity involving OTIS stock occurred on February 7, 2026?
How do RSUs reported by OTIS executive Zheng Peiming convert into common stock?
What is the role of Zheng Peiming at Otis Worldwide Corp (OTIS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.