Diebold Nixdorf (DBD) CEO withholds 10,549 shares to cover equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diebold Nixdorf, Inc. President and CEO Octavio Marquez reported a Form 4 showing a tax-withholding disposition of 10,549 shares of common stock at $77.58 per share. According to the footnote, these shares were withheld to satisfy tax obligations under the company’s 2023 Equity and Incentive Plan, as amended, rather than sold in an open-market transaction.
After this withholding, Marquez directly holds a total of 216,257 shares of common stock, a figure that the disclosure notes also includes Restricted Stock Units. This filing reflects routine equity award tax administration rather than a discretionary share sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marquez Octavio
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,549 | $77.58 | $818K |
Holdings After Transaction:
Common Stock — 216,257 shares (Direct)
Footnotes (1)
- Shares withheld pursuant to exercise of tax withholding right under the 2023 Equity and Incentive Plan, as amended. Number includes Restricted Stock Units.
FAQ
What insider transaction did DBD CEO Octavio Marquez report on this Form 4?
Octavio Marquez reported a tax-withholding disposition of 10,549 Diebold Nixdorf shares. The shares were withheld to cover tax obligations under the 2023 Equity and Incentive Plan, rather than sold on the open market, making this a routine administrative transaction.
Was the DBD CEO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. Shares were withheld to satisfy tax withholding requirements under Diebold Nixdorf’s 2023 Equity and Incentive Plan, as amended, which is a common, automated method for handling taxes on equity compensation awards.