Timko Thomas S 4
Research Summary
AI-generated summary
Diebold Nixdorf CFO Timko Withholds 1,439 Shares for Taxes
What Happened
- Thomas S. Timko, EVP and Chief Financial Officer of Diebold Nixdorf (DBD), had 1,439 shares withheld on Jan 19, 2026 to satisfy tax withholding related to an equity exercise/award. The shares were valued at $69.91 each, totaling about $100,600. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-19; Filing date (Accession): 2026-01-21 (filed within the typical Form 4 deadline).
- Price per share: $69.91; Total value of shares withheld: ~$100,600.
- Transaction type: F — shares withheld to satisfy tax liability under the 2023 Equity and Incentive Plan.
- Footnotes: F1 indicates shares were withheld pursuant to the plan’s tax withholding right; F2 notes the number includes Restricted Stock Units (RSUs).
- Shares owned after the transaction: not provided in the supplied summary.
Context
- This was a routine tax-withholding action tied to an equity award/exercise (a cashless mechanism to cover taxes), not a discretionary sale that would signal a change in investment stance. Such withholdings are common when RSUs vest or options are exercised.