Millstreet discloses 12.14% Diebold Nixdorf (DBD) stake and June sales
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Diebold Nixdorf, Inc. received an Amendment No. 5 to a Schedule 13D from Millstreet Capital Management LLC and related reporting persons. They report beneficial ownership of 4,204,432 common shares, representing 12.14% of the company’s common stock, with shared voting and dispositive power over all such shares.
The filing notes several open market sales of Diebold Nixdorf common shares in June 2026, including 228,723 shares sold on June 24, 2026 at an average price of $83.9496 and 159,675 shares sold on June 12, 2026 at an average price of $82.1184. Millstreet Credit Fund LP is identified as having the right to receive dividends or sale proceeds on more than five percent of the outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 4,204,432 shares
Ownership percentage: 12.14%
June 8, 2026 sale: 88,334 shares at $82.9917
+3 more
6 metrics
Beneficial ownership
4,204,432 shares
Diebold Nixdorf common shares beneficially owned by each reporting person
Ownership percentage
12.14%
Percent of Diebold Nixdorf common stock class represented by 4,204,432 shares
June 8, 2026 sale
88,334 shares at $82.9917
Open market sale of Diebold Nixdorf common shares
June 12, 2026 sale
159,675 shares at $82.1184
Open market sale of Diebold Nixdorf common shares
June 24, 2026 sale
228,723 shares at $83.9496
Open market sale of Diebold Nixdorf common shares
Event date
06/24/2026
Date of event requiring filing of this Schedule 13D/A amendment
Key Terms
beneficially owned, shared voting power, shared dispositive power, open market sales transactions, +2 more
6 terms
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 4,204,432.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
open market sales transactions financial
"other than the open market sales transactions described below"
investment manager financial
"Millstreet Credit Fund LP, for which Millstreet serves as investment manager"
Schedule 13D regulatory
"previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What ownership stake in Diebold Nixdorf (DBD) does Millstreet report?
Millstreet Capital Management and related reporting persons report beneficial ownership of 4,204,432 Diebold Nixdorf common shares, representing 12.14% of the outstanding class. This stake includes shared voting and shared dispositive power over all reported shares.
Which entities are the reporting persons in this Diebold Nixdorf (DBD) Schedule 13D/A?
The reporting persons are Millstreet Capital Management LLC, Brian D. Connolly, and Craig Kelleher. Each reports beneficial ownership of the same 4,204,432 Diebold Nixdorf common shares, with shared voting and dispositive power rather than sole authority.