Ericsson (NASDAQ: ERIC) plans transfer of up to 1,878,306 series B shares
Filing Impact
Filing Sentiment
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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Key Figures
Maximum transferable shares: 1,878,306 series B shares
Treasury shares held: 47,132,698 series B shares
AGM authorization date: March 31, 2026
+3 more
6 metrics
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
Key Terms
long-term variable compensation program, performance share awards, Nasdaq Stockholm, social security liabilities, +1 more
5 terms
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.
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"
FAQ
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.