other material
confidence high
sentiment neutral
materiality 0.35
Diebold Nixdorf awards $4.1M in deferred cash to NEOs in lieu of RSUs for 2023
DIEBOLD NIXDORF, Inc
- Committee approved $4.1M in three-year deferred cash awards to named executive officers for 2023.
- Awards replace time-vested RSUs to reduce shareholder dilution following 2022 refinancing.
- Payments scheduled in three equal annual installments beginning March 2024, with approval required.
- Unvested portions forfeited on non-qualifying termination; full vesting on death/disability or certain change-in-control terminations.