Myers Jonathan 4
Research Summary
AI-generated summary
Diebold Nixdorf (DBD) EVP Jonathan Myers Receives 9,448 RSUs
What Happened
- Jonathan Myers, EVP and Chief Revenue Officer of Diebold Nixdorf (DBD), was granted 9,448 restricted stock units (RSUs) on 2026-03-01 (acquired at $0.00). On the same date, 2,905 shares were withheld to cover tax liabilities at an implied value of $80.00 per share, totaling $232,400 (disposed/withheld).
- The RSU grant is an acquisition (award), not an open-market purchase; the withholding is a routine tax-coverage disposition rather than an active sale to realize cash.
Key Details
- Transaction dates: 2026-03-01; filing date: 2026-03-03 (Form 4 accession 0001944597-26-000004).
- Grant: 9,448 RSUs, acquisition price $0.00.
- Tax withholding/disposition: 2,905 shares @ $80.00 = $232,400.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: Shares were withheld pursuant to the tax withholding right under the 2023 Equity and Incentive Plan.
- F2: The grant number includes restricted stock units.
- F3: RSUs vest in annual increments of 1/3 beginning one year from grant; each RSU converts to one share when vested.
- Filing timeliness: Form filed two days after the transaction date; no late-filing flag noted in the provided data.
Context
- RSUs are awards that vest over time; this grant vests 1/3 per year starting one year after grant, so Myers does not immediately receive all shares.
- The 2,905-share disposition reflects tax withholding on the award (a routine administrative step), not an indication of a voluntary sale or change in investment stance.