Diebold Nixdorf (NYSE: DBD) CEO awarded 44,286 RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diebold Nixdorf, Inc. President and CEO Octavio Marquez reported two equity transactions in common stock. First, 9,119 shares were withheld at $80.00 per share to cover tax obligations under the 2023 Equity and Incentive Plan. Second, he received an award of 44,286 Restricted Stock Units at no purchase price, which vest in three equal annual installments starting one year from the grant date, with each unit representing the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Marquez Octavio
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,119 | $80.00 | $730K |
| Grant/Award | Common Stock | 44,286 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 182,520 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. 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.
FAQ
What insider transactions did DBD CEO Octavio Marquez report on this Form 4?
Octavio Marquez reported a tax-withholding disposition of 9,119 shares at $80.00 per share and an equity award of 44,286 Restricted Stock Units. Both transactions involve Diebold Nixdorf common stock under the company’s 2023 Equity and Incentive Plan, as amended.
How do the 44,286 DBD Restricted Stock Units granted to the CEO vest over time?
The 44,286 Restricted Stock Units vest in three equal annual installments. The vesting schedule is 1/3, 1/3, 1/3, beginning one year from the grant date, reflecting a multi-year incentive structure for Diebold Nixdorf’s President and CEO.