Nokia (NOK) uses own shares to settle equity-based incentive plans
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Nokia Corporation reported that it transferred 216 896 of its own shares to participants in its equity-based incentive plans. The shares were delivered without consideration, meaning recipients did not pay for them, in line with Board resolutions tied to these incentive arrangements. After this transfer, Nokia holds 132 136 437 own shares. The move reflects ongoing use of share-based compensation to reward and retain employees and executives.
Positive
- None.
Negative
- None.
Key Figures
Shares transferred: 216 896 shares
Own shares after transfer: 132 136 437 shares
2 metrics
Shares transferred
216 896 shares
Own shares delivered to equity-based incentive plan participants
Own shares after transfer
132 136 437 shares
Nokia’s remaining own share balance following the transfer
Key Terms
equity-based incentive plans, own shares, without consideration
3 terms
equity-based incentive plans financial
"to participants of Nokia's equity-based incentive plans in accordance with the rules"
Equity-based incentive plans are programs that pay employees, executives or directors in company stock or stock-like instruments instead of cash, similar to giving people slices of a pie so their success depends on the pie growing. They matter to investors because they tie workers’ interests to shareholder value—encouraging performance—but can also increase the total number of shares and reduce each existing share’s ownership and earnings per share over time.
without consideration financial
"were transferred today without consideration to participants of Nokia's equity-based incentive plans"