Millstreet Capital (DBD) funds sell 231K Diebold Nixdorf shares, keep 4.2M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diebold Nixdorf, Inc. large shareholder accounts advised by Millstreet Capital Management LLC reported open-market sales of common stock. On June 24, 2026, the accounts sold 228,723 shares at an average price of $83.9496 per share, followed by 2,741 shares on June 25, 2026 at $85.055 per share. After these transactions, the accounts still held 4,204,432 shares indirectly. Millstreet and managing members Brian D. Connolly and Craig Kelleher disclaim beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 231,464 shares ($19,434,340)
Net Sell
2 txns
Insider
Millstreet Capital Management LLC, Connolly Brian D, Kelleher Craig
Role
null | null | null
Sold
231,464 shs ($19.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,741 | $85.055 | $233K |
| Sale | Common Stock | 228,723 | $83.9496 | $19.20M |
Holdings After Transaction:
Common Stock — 4,204,432 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 231,464 shares
June 24 sale size: 228,723 shares
June 24 average price: $83.9496/share
+3 more
6 metrics
Total shares sold
231,464 shares
Open-market sales on June 24–25, 2026
June 24 sale size
228,723 shares
Common Stock sold at $83.9496 per share
June 24 average price
$83.9496/share
Open-market sale of Common Stock
June 25 sale size
2,741 shares
Common Stock sold at $85.055 per share
June 25 average price
$85.055/share
Open-market sale of Common Stock
Shares held after transactions
4,204,432 shares
Indirect holdings following June 25, 2026 sale
Key Terms
open-market sale, ten percent owner, pecuniary interest, beneficial ownership, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner regulatory
""is_ten_percent_owner": 1"
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein"
beneficial ownership regulatory
"disclaims beneficial ownership of the shares reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16(a) regulatory
"for purposes of Section 16(a) of the Securities Exchange Act of 1934"
FAQ
Who is the reporting person in the Diebold Nixdorf (DBD) Form 4 filing?
Millstreet Capital Management LLC and its managing members are reporting persons. Millstreet advises private investment funds and accounts that hold the shares, while Brian D. Connolly and Craig Kelleher are managing members, all reporting as ten percent owners.