Baur Frank Tobias 4

What Happened
Frank Tobias Baur, Chief Operating Officer of Diebold Nixdorf, was granted 7,589 restricted stock units (RSUs) on March 1, 2026 (coded as an acquisition/award). On the same date, 2,876 shares were disposed of (withheld) to satisfy a tax withholding obligation at $80.00 per share, totaling $230,080. The award is a grant (not an open-market purchase or sale).

Key Details

• Transaction date(s): March 1, 2026 (reported on Form 4 filed March 3, 2026). Filing appears timely (within two business days).
• Award: 7,589 RSUs granted (report shows $0.00 per-share acquisition price for the grant).
• Withholding: 2,876 shares withheld to satisfy tax obligations at $80.00/share = $230,080 (transaction code F).
• Net effect (implied from the two entries): 7,589 RSUs granted while 2,876 existing/new shares were withheld for taxes (implied net new units = 4,713).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes: F1 = shares withheld under the 2023 Equity and Incentive Plan for tax withholding; F2 = number includes restricted stock units; F3 = RSUs vest in annual 1/3 increments starting one year from grant; each RSU converts to one share upon vesting.

Context
RSUs are a form of equity compensation that convert into shares only as they vest; this grant vests 1/3 per year beginning one year after the grant date, so the award is not an immediate open-market purchase. The 2,876-share entry reflects tax withholding (common when equity awards are issued or settled) and should not be interpreted as a market sale expressing sentiment. This filing covers executive compensation activity rather than a purchase by an external investor or a 10% owner transaction.