Millstreet Capital Management Reduces Stake in Diebold Nixdorf (DBD) to 13.38% via Open Market Sales
Millstreet Capital Management LLC, along with Brian D. Connolly and Craig M. Kelleher, filed a Schedule 13D/A on April 17, 2026, regarding their holdings in Diebold Nixdorf, Inc. (DBD). The filing reports a series of open market sales of common shares occurring between April 8 and April 16, 2026. Specifically, the reporting persons sold 399,929 shares at $82.4158 on April 8, 51,472 shares at $85.4314 on April 15, and 60,833 shares at $84.7741 on April 16. Following these transactions, the reporting persons collectively hold 4,704,438 shares, representing a 13.38% ownership stake in the company. Millstreet Capital Management LLC serves as the investment manager for Millstreet Credit Fund LP, which maintains the right to receive dividends or proceeds from the sale of more than five percent of the outstanding common shares. The filing serves as Amendment No. 4 to their previous Schedule 13D, primarily updating Item 5 regarding changes in beneficial ownership and recent trading activity.