secwatch.observer — SEC 8-K summary
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Issuer:     DIEBOLD NIXDORF, Inc (DBD)
CIK:        0000028823
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001193125-24-014245
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Diebold Nixdorf grants equity awards to executives with performance-priced options at $30.90
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- CEO Octavio Marquez received 250,443 options and 50,088 RSUs; exercise price $30.90.
- Options vest based on 20-day average stock price hurdles of $65, $85, and $95 by 4th anniversary.
- RSUs vest ratably over 4 years; dividend equivalents accrue and pay on settlement.
- Other named executives received options (40,696 each) and RSUs (8,139 each), except Myers (62,610 options).
- Grants approved under 2023 Equity Plan with 10-year option term and forfeiture for detrimental activity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28823/000119312524014245/0001193125-24-014245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28823/000119312524014245/d139673d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-014245

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