Otis (NYSE: OTIS) Asia Pacific president sells 47,944 company shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 47,944 shares ($4,423,059)
Net Sell
1 txn
Insider
de Montlivault Stephane
Role
President, Otis Asia Pacific
Sold
47,944 shs ($4.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 47,944 | $92.2547 | $4.42M |
Holdings After Transaction:
Common Stock — 29,176 shares (Direct)
Footnotes (1)
- [object Object]
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.
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.