Nokia Transfers 318,026 Own Shares for Incentive Plans

TL;DR

Nokia just gave away 318k shares to employees for their incentive plans. No cash involved.

AI Summary

On June 27, 2024, Nokia Corporation transferred 318,026 of its own shares without consideration to participants in its equity-based incentive plans. This action is part of Nokia's ongoing incentive programs designed to retain and motivate key employees.

Why It Matters

This share transfer is a common practice for companies to reward employees through stock-based compensation, potentially impacting share count and dilution.

Risk Assessment

Risk Level: low — The transfer of own shares for incentive plans is a routine corporate action with minimal immediate financial risk.

Key Numbers

• 318,026 — Shares Transferred (Nokia transferred this many of its own shares to employees under incentive plans.)

Key Players & Entities

• Nokia Corporation (company) — Registrant
• 318,026 (dollar_amount) — Number of shares transferred
• June 27, 2024 (date) — Date of share transfer

FAQ

Filing Documents

• tm2418449d1_6k.htm (6-K) — 168KB
• tm2418449d1_6kimg001.jpg (GRAPHIC) — 4KB
• 0001104659-24-075625.txt ( ) — 175KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 Report on Form 6-K dated June 27, 2024 (Commission File No. 1-13202) Nokia Corporation Karakaari 7 FI-02610 Espoo Finland (Translation of the registrant’s name into English and address of registrant’s principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F : Form 40-F: Enclosures: Stock Exchange Release: Changes in Nokia Corporation's own shares Stock Exchange Release: 11 x Manager’s transactions Stock exchange release 1 ( 1 ) 27 June 2024 Nokia Corporation Stock Exchange Release 27 June 2024 at 20:00 EEST Changes in Nokia Corporation's own shares Espoo, Finland – A total of 318 026 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 4 October 2023. The number of own shares held by Nokia Corporation following the transfer is 103 158 430. About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: investor.relations@nokia.com www.nokia.com Stock exchange release 1 ( 2 ) 27 June 2024 Nokia Corporation Managers’ transactions 27 June 2024 at 20:30 EEST Nokia Corporation - Managers' transactions (Batra) Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ Person Name: Batra, Nishant Position: Other senior manager Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06 Notification type: INITIAL NOTIFICATION Reference number: 67614/5/4 ____________________________________________ Transaction date: 2024-06-27 Venue not applicable Instrument type: SHARE ISIN: FI0009000681 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 3659 Unit price: N/A Aggregated transactions (1): Volume: 3659 Volume weighted average price: N/A About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. www.nokia.com Stock exchange release 2 ( 2 ) 27 June 2024 Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: investor.relations@nokia.com www.nokia.com Stock exchange release 1 ( 2 ) 27 June 2024 Nokia Corporation Managers’ transactions 27 June 2024 at 20:30 EEST Nokia Corporation - Managers' transactions (Corker) Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ Person Name: Corker, Ricky Position: Other senior manager Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06 Notification type: INITIAL NOTIFICATION Reference number: 67621/4/4 ____________________________________________ Transaction date: 2024-06-27 Venue not applicable Instrument type: SHARE ISIN: FI0009000681 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 34051 Unit price: N/A Aggregated transactions (1): Volume: 34051 Volume weighted average price: N/A About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that

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View this 6-K filing on SEC EDGAR