STOCK TITAN

Ericsson (NASDAQ: ERIC) plans transfer of up to 1,878,306 series B shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Telefonaktiebolaget LM Ericsson plans to transfer shares it already holds to meet obligations under its 2023 long-term variable compensation programs. The board is using an authorization from the March 31, 2026 annual general meeting to sell up to 70% of the relevant series B shares. These transfers may occur on Nasdaq Stockholm between May 18, 2026 and the 2027 annual general meeting, at prevailing market prices within the registered price interval. Ericsson currently holds 47,132,698 series B shares, and up to 1,878,306 of these may be transferred to cover withholding tax and social security liabilities tied to performance share awards.

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Maximum transferable shares 1,878,306 series B shares Authorized transfer on Nasdaq Stockholm for LTV I and II 2023
Treasury shares held 47,132,698 series B shares Ericsson holdings before transfers
AGM authorization date March 31, 2026 Annual general meeting approving share transfer mandate
Transfer window start May 18, 2026 Earliest date transfers may occur on Nasdaq Stockholm
Transfer window end Annual general meeting 2027 Latest date for transfers under this authorization
Mandate limit No more than 70% of LTV I and II 2023 shares Cap on shares of series B tied to the programs
long-term variable compensation program financial
"In conjunction with the delivery of vested shares under the long-term variable compensation program I and II 2023"
A long-term variable compensation program is a pay plan that ties a portion of executives’ or employees’ rewards to performance measured over several years, often paid in company stock, stock-based awards, or multi-year cash bonuses. It matters to investors because it shapes management incentives and can encourage decisions that boost or harm long-term shareholder value, while also affecting potential stock dilution and future cash needs—like paying a manager based on the success of multiple future harvests.
performance share awards financial
"liabilities on behalf of the participants in relation to the performance share awards"
Performance share awards are grants of company stock that executives or employees receive only if the business reaches specific financial or operational goals over a set period. They matter to investors because they align management’s pay with company performance—like a bonus that pays in shares only when targets are hit—so successful outcomes can boost future earnings and share value while failures mean the awards are forfeited.
Nasdaq Stockholm market
"The transfer of these shares may take place on Nasdaq Stockholm during the period"
Nasdaq Stockholm is the main stock exchange in Sweden where shares of Swedish and other Nordic companies are bought and sold; think of it as a large, regulated marketplace or auction house that sets prices by matching buyers and sellers. It matters to investors because where a company lists affects how easily its shares can be traded, how transparent pricing is, and whether the stock is included in regional indexes or funds that can drive buying or selling.
social security liabilities financial
"to cover costs for withholding and paying tax and social security liabilities on behalf of the participants"
annual general meeting regulatory
"Ericsson’s annual general meeting on March 31, 2026 authorized the company"
 
 

UNITED STATES

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

For the month of May 2026

Commission File Number 000-12033

 

 

LM ERICSSON TELEPHONE COMPANY

(Translation of registrant’s name into English)

 

 

Torshamnsgatan 21, Kista

SE-164 83, Stockholm, Sweden

(Address of principal executive offices)

 

 

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 ☐

 

 
 

Announcement of LM Ericsson Telephone Company, May 13, 2026 regarding “Ericsson to utilize mandate to transfer shares”

 


PRESS RELEASE

May 13, 2026

      LOGO

 

Ericsson to utilize mandate to transfer shares

In conjunction with the delivery of vested shares under the long-term variable compensation program I and II 2023 (“LTV I and II 2023”), Ericsson’s (NASDAQ:ERIC) annual general meeting on March 31, 2026 authorized the company to retain and sell no more than 70% of LTV I and II 2023 shares of series B in the company. Ericsson has decided to utilize the authorization to transfer shares to cover costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the performance share awards.

The transfer of these shares may take place on Nasdaq Stockholm during the period from and including May 18, 2026, up to the annual general meeting 2027, at a price within the price interval registered from time to time.

Ericsson currently holds 47,132,698 shares of series B in the company and the maximum number of shares that may be transferred on Nasdaq Stockholm pursuant to the decision to utilize the authorization amounts to 1,878,306 shares of series B in the company.

NOTES TO EDITORS:

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MORE INFORMATION AT:

Ericsson Newsroom

media.relations@ericsson.com (+46 10 719 69 92)

investor.relations@ericsson.com (+46 10 719 00 00)

FOR FURTHER INFORMATION, PLEASE CONTACT:

Contact person

Investors

Daniel Morris, Vice President, Head of Investor Relations

Phone: +44 7386 657217

E-mail: investor.relations@ericsson.com

 

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PRESS RELEASE

May 13, 2026

      LOGO

 

Lena Häggblom, Director, Investor Relations

Phone: +46 72 593 27 78

E-mail: lena.haggblom@ericsson.com

Alan Ganson, Director, Investor Relations

Phone: +46 70 267 27 30

E-mail: alan.ganson@ericsson.com

Media

Ralf Bagner, Head of Media Relations

Phone: +46761284789

E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:

Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

TELEFONAKTIEBOLAGET LM ERICSSON (publ)
By:   /s/ CHRIS HOUGHTON
Chris Houghton
Senior Vice President, Chief Operating Officer

 

By:   /s/ LARS SANDSTRÖM
Lars Sandström
Senior Vice President, Chief Financial Officer

Date: May 13, 2026

FAQ

What did Ericsson (ERIC) announce in this Form 6-K about its shares?

Ericsson announced it will use an existing mandate to transfer treasury shares to meet obligations under its 2023 long-term variable compensation programs, mainly to cover withholding tax and social security liabilities on performance share awards to participants.

How many Ericsson series B shares may be transferred under this authorization?

Ericsson may transfer up to 1,878,306 series B shares under the authorization. This limit reflects the decision to use no more than 70% of the shares tied to the 2023 long-term variable compensation programs I and II.

Over what period can Ericsson transfer these treasury shares?

The transfer of Ericsson’s series B shares may take place on Nasdaq Stockholm from May 18, 2026 up to the annual general meeting in 2027. Transactions will occur within the price interval registered from time to time on that market.

How many Ericsson series B shares does the company currently hold?

Ericsson currently holds 47,132,698 series B shares in the company. These are treasury shares, a portion of which may be transferred under the existing authorization to fund tax and social security liabilities related to performance share awards.

What is the purpose of Ericsson’s long-term variable compensation programs I and II 2023?

The long-term variable compensation programs I and II 2023 provide performance share awards to participants. Ericsson plans to retain and sell part of the linked series B shares mainly to cover withholding tax and social security liabilities arising from those vested awards.

On which exchange will Ericsson’s authorized share transfers occur?

The authorized transfers of up to 1,878,306 Ericsson series B shares may take place on Nasdaq Stockholm. Sales will be executed at prices within the price interval registered from time to time on that exchange during the authorized period.