Marquez Octavio 4

What Happened Octavio Marquez, President, CEO and a director of Diebold Nixdorf (DBD), received an award of 44,286 Restricted Stock Units (RSUs) on 2026-03-01 under the company's 2023 Equity and Incentive Plan. On the same date, 9,119 shares were withheld/disposed to satisfy tax withholding obligations at $80.00 per share, yielding $729,520. The RSUs are a compensation award (acquisition), while the withheld shares are a routine tax-withholding disposition.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
• Award: 44,286 RSUs granted (reported as acquired at $0.00 in the filing).
• Withholding/disposition: 9,119 shares withheld at $80.00 each for tax obligations = $729,520.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — shares withheld pursuant to tax withholding right under the 2023 Equity and Incentive Plan; F2 — number includes Restricted Stock Units; F3 — RSUs vest in annual increments of 1/3, 1/3, 1/3 beginning one year from grant, and each RSU represents a contingent right to one share.

Context This is a compensation-related award (RSUs) with routine tax withholding rather than an open-market sale or purchase. Withholding shares to cover taxes is common when RSUs vest and does not necessarily indicate a change in the insider's view of the stock. The RSUs vest over three annual installments beginning one year from grant, so the actual share delivery is spread over time.