Marquez Octavio 4

What Happened

• Octavio Marquez, President & CEO (and Director) of Diebold Nixdorf (DBD), had 10,549 shares withheld to satisfy tax withholding tied to equity awards. The shares were recorded at $77.58 each, for a total value of roughly $818,391. This was a tax-withholding/net settlement transaction rather than an open‑market sale.

Key Details

• Transaction date: 2026-03-07; filing date: 2026-03-09 (filing appears timely).
• Price used for withholding: $77.58 per share.
• Shares withheld/disposed: 10,549; total value ≈ $818,391.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — shares were withheld pursuant to the tax‑withholding right under the 2023 Equity and Incentive Plan; F2 — the number includes Restricted Stock Units (RSUs).
• Transaction code: F (payment of exercise price or tax liability); this reflects a withholding to cover taxes, not an open-market sale (routine, administrative action).

Context

• This was essentially a net settlement/withholding of equity to satisfy tax obligations upon vesting or exercise of awards. Such transactions are common and do not necessarily signal the insider’s view of the company’s stock — they are a standard administrative step to cover taxes.