STOCK TITAN

Diebold Nixdorf (NYSE: DBD) stake trimmed as Millstreet funds sell shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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 Millstreet Capital Management LLC, Connolly Brian D, Kelleher Craig
Role null | null | null
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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Millstreet Capital Management LLC

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DIEBOLD NIXDORF, Inc [ DBD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026S88,334D$82.99174,616,104ISee Footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Millstreet Capital Management LLC

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Connolly Brian D

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Kelleher Craig

(Last)(First)(Middle)
545 BOYLSTON STREET 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. 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.
MILLSTREET CAPITAL MANAGEMENT LLC By: /s/ Craig M. Kelleher, Managing Member06/10/2026
/s/ Brian D. Connolly, Individually06/10/2026
/s/ Craig M. Kelleher, Individually06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Who executed the Diebold Nixdorf (DBD) share sale, and in what capacity?

Private investment accounts advised by Millstreet Capital Management LLC executed the sale. Millstreet acts as investment adviser to these accounts and, along with its managing members, disclaims beneficial ownership beyond any pecuniary interest in the shares.

How many Diebold Nixdorf (DBD) shares were sold and at what price?

The accounts sold 88,334 shares of Diebold Nixdorf common stock at an average price of $82.9917 per share. This was recorded as an open-market transaction under code “S” in the insider filing data.

Are Brian D. Connolly and Craig Kelleher personally selling Diebold Nixdorf (DBD) shares?

The filing lists Brian D. Connolly and Craig Kelleher as managing members of Millstreet. The footnote states all reporting persons disclaim beneficial ownership of the shares beyond their pecuniary interest, so the transaction is attributed to the advised accounts.

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.