STOCK TITAN

Otis (NYSE: OTIS) Asia Pacific president sells 47,944 company shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Otis Worldwide Corp executive Stephane de Montlivault, President, Otis Asia Pacific, reported an open-market sale of common stock. On February 12, 2026, he sold 47,944 shares of Otis common stock at a weighted average price of $92.2547 per share.

The sale was executed in multiple trades at prices ranging from $92.0300 to $92.5450. After these transactions, de Montlivault directly beneficially owns 29,176 Otis shares, according to the filing.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
de Montlivault Stephane

(Last) (First) (Middle)
1 CARRIER PLACE

(Street)
FARMINGTON CT 06032

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Otis Worldwide Corp [ OTIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Otis Asia Pacific
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 S 47,944 D $92.2547(1) 29,176 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The shares sold in multiple trades at prices ranging from $92.0300 to $92.5450. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide the registrant, any security holder of the registrant, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Susan Grady, Attorney-in-Fact 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did OTIS executive Stephane de Montlivault report?

Stephane de Montlivault reported an open-market sale of Otis common stock. He sold 47,944 shares on February 12, 2026 at a weighted average price of $92.2547 per share, according to the Form 4 filing.

At what prices did the OTIS shares sell in Stephane de Montlivault’s Form 4?

The Otis shares were sold in multiple trades between $92.0300 and $92.5450 per share. The Form 4 reports a $92.2547 weighted average sale price, and notes full trade details are available upon request from the reporting person.

How many OTIS shares does Stephane de Montlivault own after the reported sale?

After the reported sale, Stephane de Montlivault directly beneficially owns 29,176 shares of Otis common stock. This post-transaction holding figure comes directly from the Form 4’s beneficial ownership column for non-derivative securities.

What role does Stephane de Montlivault hold at Otis Worldwide Corp (OTIS)?

Stephane de Montlivault is identified as an officer of Otis Worldwide Corp, serving as President, Otis Asia Pacific. This officer title is disclosed in the reporting person information section of the Form 4 filing.

Was the OTIS insider transaction a buy or sell according to the Form 4?

The Form 4 classifies the transaction as a sale. It uses transaction code “S” and describes it as an open-market sale of Otis common stock, consistent with a disposal of shares rather than an acquisition.

Does the OTIS Form 4 describe how the sale price was calculated?

Yes. The Form 4 explains that shares were sold in multiple trades between $92.0300 and $92.5450. The reported $92.2547 price is a weighted average, with detailed trade breakdowns available upon request from the reporting person.
Otis Worldwde

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OTIS Stock Data

35.67B
388.22M
0.12%
92.12%
1.5%
Specialty Industrial Machinery
Electronic & Other Electrical Equipment (no Computer Equip)
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United States
FARMINGTON