secwatch.observer — SEC 8-K summary
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Issuer:     DIEBOLD NIXDORF, Inc (DBD)
CIK:        0000028823
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0000028823-23-000084
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diebold Nixdorf awards $4.1M in deferred cash to NEOs in lieu of RSUs for 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000084/0000028823-23-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000084/dbd-20230328.htm
  HTML page:      https://secwatch.observer/filing/0000028823-23-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer