Baur Frank Tobias 4

What Happened
Frank Tobias Baur, Chief Operating Officer of Diebold Nixdorf (DBD), had 716 shares withheld on 2026-01-19 to satisfy tax withholding related to an equity award/option exercise or RSU vesting. The withholding was at a reported price of $69.91 per share, totaling approximately $50,056. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-01-19; reported on Form 4 filed 2026-01-21 (timely filing).
• Shares withheld/disposed: 716 at $69.91 per share; total value ≈ $50,056.
• Footnote F1: Shares withheld pursuant to the tax withholding right under the 2023 Equity and Incentive Plan.
• Footnote F2: The reported number includes restricted stock units (RSUs).
• Shares owned after the transaction: not specified in the provided filing.

Context
This was a routine tax-withholding action tied to the exercise/vesting of equity rather than a discretionary sale; withheld shares are retained to cover taxes and do not necessarily indicate the insider’s view of the company. For derivative transactions like this, the company typically retains (or “withholds”) a portion of vested shares rather than selling them on the open market.