Diebold Nixdorf (NYSE: DBD) stake trimmed as Millstreet funds sell shares
Rhea-AI Filing Summary
Diebold Nixdorf, Inc. reported an insider transaction involving accounts advised by Millstreet Capital Management LLC, a ten percent owner. On June 8, 2026, these accounts executed an open-market sale of 88,334 shares of common stock at an average price of $82.9917 per share. After this transaction, the accounts held 4,616,104 shares indirectly. Millstreet’s managing members, Brian D. Connolly and Craig Kelleher, and the firm disclaim beneficial ownership of the reported shares beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 88,334 shares
Net Sell
1 txn
Insider
Millstreet Capital Management LLC, Connolly Brian D, Kelleher Craig
Role
10% Owner | 10% Owner | 10% Owner
Sold
88,334 shs ($7.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 88,334 | $82.9917 | $7.33M |
Holdings After Transaction:
Common Stock — 4,616,104 shares (Indirect, See Footnote)
Footnotes (1)
- F1. Millstreet Capital Management LLC provides investment advisory services to private investment funds and accounts ("Accounts") and, in such capacity, may be deemed tobeneficially own Common Shares held for the accounts of such Accounts. Mr. Connolly and Mr. Kelleher are Managing Members of Millstreet. Each of the Reporting Personsdisclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as anadmission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any otherpurpose.
Key Figures
Shares sold: 88,334 shares
Sale price: $82.9917 per share
Shares held after: 4,616,104 shares
+2 more
5 metrics
Shares sold
88,334 shares
Open-market sale on June 8, 2026
Sale price
$82.9917 per share
Average transaction price for the sale
Shares held after
4,616,104 shares
Indirect holdings following the transaction
Net shares sold
88,334 shares
Net-sell direction in transaction summary
Ownership status
Ten percent owner
Millstreet Capital Management LLC classification
Key Terms
open-market sale, ten percent owner, beneficially own, pecuniary interest, +1 more
5 terms
open-market sale financial
"these accounts executed an open-market sale of 88,334 shares"
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
"Millstreet Capital Management LLC, a ten percent owner"
beneficially own regulatory
"may be deemed tobeneficially own Common Shares held for the accounts"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest"
indirect ownership financial
"the accounts held 4,616,104 shares indirectly"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Diebold Nixdorf (DBD) report in this Form 4?
Diebold Nixdorf reported an open-market sale of 88,334 common shares. The trade was executed by accounts advised by Millstreet Capital Management LLC, a ten percent owner, rather than by individual company executives directly.
What does the Form 4 indicate about Millstreet’s ownership in Diebold Nixdorf (DBD)?
Millstreet Capital Management LLC is identified as a ten percent owner through accounts it advises. The firm may be deemed to beneficially own the shares held for those accounts but formally disclaims beneficial ownership except for any pecuniary interest.