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Insider Buy Cluster Buy CEO Buy New Position May 12, 2022

Marquez Octavio purchased ~$704K in Diebold Nixdorf, Incorporated stock

Diebold Nixdorf, Incorporated (DBD)  ·  President and CEO  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

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Insider

Marquez Octavio

Role

President and CEO

Transaction

Open-Market Purchase

Approx. Value

~$704K

Trade Date

May 12, 2022

Company

Diebold Nixdorf, Incorporated

Ticker

DBD

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$704K purchase

A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.

President and CEO

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

7 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

MO

How good is Marquez Octavio at picking stocks?

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7

Marquez Octavio wasn't the only one buying.

7 insiders at Diebold Nixdorf, Incorporated traded within the same 30-day window.

See who else bought · Free

On May 12, 2022, Marquez Octavio — President and CEO of Diebold Nixdorf, Incorporated — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$704K in Diebold Nixdorf, Incorporated (DBD) stock.

This transaction was part of a cluster — 7 insiders at Diebold Nixdorf, Incorporated made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$704K
Insider role President and CEO
Cluster 7 insiders

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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