Nokia SEC Filings

Nokia Corporation reported that it has transferred a total of 1 020 316 Nokia shares held by the company to participants in its equity-based incentive plans. The shares were transferred without consideration, meaning the recipients did not pay for them, and the move follows a prior Board of Directors resolution announced on 22 November 2024 to use company-held shares to settle commitments under these incentive plans.

After this transfer, Nokia Corporation holds 149 246 864 of its own shares. These transactions reflect the ongoing use of share-based compensation to reward and retain personnel involved in the company’s long-term incentive programs.

Nokia Corporation released its financial calendar for 2026, outlining when key reports and events are planned. The company plans to publish its Nokia in 2025 annual report, including the Board of Directors’ review and audited annual accounts, during the week starting on 2 March 2026. Nokia also announced that its 2026 Annual General Meeting is planned to be held on 9 April 2026. These dates indicate when shareholders and analysts can expect the next full set of audited financial information and the main annual shareholder meeting.

Nokia Corporation plans to delist its shares from the regulated market of Euronext Paris after approval by the Board of Euronext Paris. The delisting is anticipated to take effect on 31 December 2025, with the last trading day on Euronext Paris on 30 December 2025. Nokia states this change will not affect its day-to-day operations in France or its listings on Nasdaq Helsinki and the New York Stock Exchange.

A voluntary sales facility will run from 2 December 2025 to 15 December 2025, allowing holders of Nokia shares held through Euroclear France to sell via Société Générale, which will then sell the shares on Nasdaq Helsinki from 2 January 2026 at market prices. Nokia will cover centralization and brokerage fees for sales through this facility, but neither Nokia nor Société Générale guarantees the sale price. Shareholders may instead keep their shares and arrange future trading via Nasdaq Helsinki subject to their intermediaries’ terms.

Nokia Corporation is overhauling its strategy and operating model to focus on the AI-driven transformation of networks. The company will target comparable operating profit of EUR 2.7–3.2 billion by 2028, up from EUR 2.0 billion generated in the last 12 months from Q4 2024 to Q3 2025.

From 1 January 2026, Nokia will simplify into two primary operating segments: Network Infrastructure and Mobile Infrastructure, plus a separate Portfolio Businesses segment for non-core units under strategic review. Over the last 12 months, Network Infrastructure generated net sales of EUR 7.8 billion with a 10% operating margin, while Mobile Infrastructure delivered EUR 11.6 billion of net sales with a 13% operating margin. Portfolio Businesses produced net sales of EUR 0.9 billion and an operating loss of EUR 0.1 billion.

On a comparable basis, Nokia’s total net sales were EUR 20.3 billion and comparable operating profit was EUR 2.0 billion, a 10% margin, shown pro forma for the Infinera acquisition. Leadership changes and a new defense incubation unit are intended to support the AI and defense-related opportunity areas.

Nokia Corporation filed a Form 6-K reporting managers’ transactions under EU MAR Article 19. On November 13, 2025, three senior managers acquired Nokia shares on NASDAQ Helsinki (ISIN FI0009000681). Louise Fisk purchased 135 shares at a unit price of 6.0601. Raghav Sahgal purchased 2,192 shares at a unit price of 6.0601. Tommi Uitto purchased 5 shares at a unit price of 6.0572.

All transactions were notified as initial notifications and executed on the XHEL venue. The filing lists Nokia’s standard company and investor relations contacts.

Nokia Corporation completed a directed share issuance to NVIDIA, resulting in 166,389,351 new Nokia shares being registered and delivered to NVIDIA in the form of American Depositary Shares. Following this issuance and registration, Nokia’s total share count is 5,742,239,696, with the new shares representing approximately 2.90% of the total.

The new shares are expected to begin trading on Nasdaq Helsinki on or about 14 November 2025 alongside other Nokia shares. The new shares will not be listed on Euronext Paris, subject to the completion of the previously announced delisting process.

Nokia announced the appointment of Kristen Pressner as Chief People Officer and member of the Group Leadership Team, effective May 1, 2026. She brings over 30 years of international HR and transformation experience, most recently as Global Head of People & Culture for Roche Diagnostics.

Pressner will be based in Finland and report to President and CEO Justin Hotard. Nokia highlighted her role in driving cultural evolution toward an AI-empowered, customer-first organization aligned with the company’s focus on advanced and trusted connectivity.

Nokia Corporation filed a Form 6-K detailing two equity-related updates. The company transferred 126,758 of its own shares without consideration to participants in Nokia’s equity-based incentive plans, pursuant to a prior Board resolution. Following the transfer, Nokia held 149,267,180 own shares.

Separately, a managers’ transaction disclosure notes that David Heard received a share-based incentive of 65,122 Nokia shares on October 7, 2025 outside a trading venue. These actions reflect routine settlement of incentive plans and regulatory transparency around management equity awards.

Nokia Corporation announced that its Board has resolved to apply for the delisting of its shares from Euronext Paris. The step follows a review of trading volumes, costs and administrative requirements tied to the Paris listing.

Nokia’s shares will remain listed on Nasdaq Helsinki, and its American Depositary Receipts will continue to trade on the New York Stock Exchange. The delisting from Euronext Paris is subject to the approval of the Board of Euronext Paris and is expected to take effect within the next three months. Further details of the process will be announced separately in line with applicable requirements.

Holders with shares on Euronext Paris are encouraged by the company to consult their investment advisers or custodians regarding any practical implications.