Diebold Nixdorf (DBD) COO logs RSU grant and tax-withheld shares
Rhea-AI Filing Summary
DIEBOLD NIXDORF, Inc executive Frank Tobias Baur, EVP and Chief Operating Officer, reported two stock transactions involving company common stock. He had 2,876 shares withheld at $80.00 per share to cover tax obligations under the 2023 Equity and Incentive Plan, and separately received a grant of 7,589 Restricted Stock Units with no purchase price. After these transactions, his directly held position, which the company states includes restricted stock units, totaled 42,569 shares of common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 4,713 shares
Net Buy
2 txns
Insider
Baur Frank Tobias
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,876 | $80.00 | $230K |
| Grant/Award | Common Stock | 7,589 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 42,569 shares (Direct)
Footnotes (3)
- F1. Shares withheld pursuant to exercise of tax withholding right under the 2023 Equity and Incentive Plan, as amended.
- F2. Number includes restricted stock units.
- F3. Award of Restricted Stock Units granted under the Diebold Nixdorf, Incorporated 2023 Equity and Incentive Plan, as amended, and vesting in annual increments of 1/3, 1/3, 1/3 beginning one year from the date of grant; each Restricted Stock Unit represents a contingent right to receive one share of Diebold Nixdorf, Incorporated common stock.
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FAQ
Who is the insider involved in this Diebold Nixdorf (DBD) Form 4 filing?
Frank Tobias Baur, Executive Vice President and Chief Operating Officer of Diebold Nixdorf, is the reporting person. He reported stock transactions in the company’s common stock held directly in his name, including tax-related share withholding and a new equity award grant.
What stock award did Frank Tobias Baur report in this DBD Form 4?
He reported an award of 7,589 Restricted Stock Units at a stated price of $0.00 per unit. The units were granted under the 2023 Equity and Incentive Plan and vest in three equal annual installments, each RSU representing a contingent right to one common share.
How do the reported Restricted Stock Units for DBD vest over time?
The 7,589 Restricted Stock Units vest in annual increments of 1/3, 1/3, and 1/3 starting one year from the grant date. Each vested unit represents a right to receive one share of Diebold Nixdorf common stock upon settlement.