Nokia (NOK) disclosed a managers’ transaction under Article 19 of the EU Market Abuse Regulation on 14 August 2026. The notification concerns David Heard, classified as an “other senior manager” at Nokia.
According to Nokia, Heard acquired 1,171 Nokia shares on 13 August 2026 on venue XHEL, ISIN FI0009000681. The reported unit price was 9.0910 EUR per share, with the aggregated volume matching 1,171 shares at a volume‑weighted average price of 9.0910 EUR. The filing is marked as an initial notification and includes standard Nokia communications and investor relations contact details.
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Positive
None.
Negative
None.
Market Context
Nokia's prior manager-acquisition disclosures were followed by -5.82% 24-hour reactions, a historica...
Analysis
Nokia's prior manager-acquisition disclosures were followed by -5.82% 24-hour reactions, a historical counterpoint to the current 1,171-share acquisition. The platform also recorded low short positioning; subsequent disclosures can be compared with this pattern.
Key Figures
Transaction volume:1,171 sharesUnit price:9.0910 EURVolume-weighted average price:9.0910 EUR+1 more
David Heard appointed to Penguin Solutions board of directors
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Nokia's prior managers' acquisition disclosures were followed by negative 24-hour reactions, representing repeated divergence from the transaction's positive interpretation.
Key Terms
lei, isin, volume weighted average price
3 terms
leiregulatory
"Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06"
A Legal Entity Identifier (LEI) is a unique 20-character code assigned to a company or organization that participates in financial markets, like a corporate passport number. It helps investors and regulators unambiguously identify counterparties across databases and transactions, reducing confusion much like using a vehicle identification number to track a car’s history; clearer identification improves transparency, risk monitoring, and regulatory reporting.
A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Nokia Corporation Managers’ transactions 14 August 2026 at 15:30 EEST
Nokia Corporation - Managers' transactions (Heard)
Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ Person subject to the notification requirement Name: Heard, David Position: Other senior manager
Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06
About Nokia Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.
Inquiries:
Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Vice President, Corporate Communications
Nokia Investor Relations Phone: +358 931 580 507 Email: investor.relations@nokia.com
FAQ
What managers' transaction did Nokia (NOK) report on 14 August 2026?
Nokia reported a managers’ transaction involving the acquisition of 1,171 Nokia shares by senior manager David Heard. According to Nokia, the transaction took place on 13 August 2026 on venue XHEL at a reported unit price of 9.0910 EUR per share.
Who is David Heard in the Nokia (NOK) managers' transaction disclosure?
David Heard is identified as an “other senior manager” at Nokia in the managers’ transaction filing. According to Nokia, he is the person subject to the notification requirement for acquiring 1,171 Nokia shares, triggering an initial notification under Article 19 of the EU Market Abuse Regulation.
At what price and volume were Nokia (NOK) shares acquired in David Heard's 13 August 2026 trade?
David Heard acquired 1,171 Nokia shares at a reported unit price of 9.0910 EUR. According to Nokia, the aggregated transaction volume was 1,171 shares, with a volume‑weighted average price also reported as 9.0910 EUR on trading venue XHEL.
What is the regulatory basis for Nokia's managers' transaction notification on David Heard?
The notification is made under Article 19 of the EU Market Abuse Regulation, which requires disclosures of transactions by managers. According to Nokia, Heard’s 13 August 2026 share acquisition is classified as an initial notification and is reported with detailed trade data, including volume and price.
Does David Heard's August 2026 share purchase affect Nokia (NOK) shareholders?
The filing reports a manager’s share acquisition and does not state any direct impact on existing shareholders. According to Nokia, the disclosure fulfills regulatory transparency requirements by detailing the 1,171‑share purchase, price, date, and venue, without indicating broader corporate or capital structure changes.