Nokia (NYSE: NOK) details 6.3M incentive share transfers to managers
Rhea-AI Filing Summary
Nokia Corporation filed a Form 6-K describing the transfer of shares held in treasury to fulfill its employee incentive commitments. The company moved 6,332,357 Nokia shares from its own holdings, without payment, to participants in its equity-based incentive plans under a prior Board resolution. After this transfer, Nokia held 141,914,507 of its own shares.
The report also lists individual manager transactions under EU Market Abuse rules, all classified as receipt of share-based incentives outside a trading venue. Named recipients include senior managers Louise Fisk, Patrik Hammarén, David Heard, Esa Niinimäki, Raghav Sahgal and Chief Financial Officer Marco Wirén, who received 35,987 shares. These disclosures document equity compensation rather than open-market buying or selling.
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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
Report on Form 6-K dated January 14, 2026
(Commission File No. 1-13202)
Nokia Corporation
Karakaari 7
FI-02610 Espoo
Finland
(Translation of the registrant’s name into English and address of registrant’s principal executive office)
| 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: x | Form 40-F: ¨ | |
Enclosures:
| · | Changes in Nokia Corporation’s own shares |
| · | Nokia Corporation - Managers’ transactions (Fisk) |
| · | Nokia Corporation - Managers’ transactions (Hammarén) |
| · | Nokia Corporation - Managers’ transactions (Heard) |
| · | Nokia Corporation - Managers’ transactions (Niinimäki) |
| · | Nokia Corporation - Managers’ transactions (Sahgal) |
| · | Nokia Corporation - Managers’ transactions (Wirén) |
 |
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Stock Exchange Release
14 January 2026 at 16:30 EET
Changes in Nokia Corporation’s own shares
Espoo, Finland – A total of 6 332 357 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the incentive plans as announced on 2 October 2025.
The number of own shares held by Nokia Corporation following the transfer is 141 914 507.
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
Nokia Corporation - Managers’ transactions (Fisk)
Transaction notification under Article 19 of EU Market Abuse Regulation.
Person subject to the notification requirement
Name: Fisk, Louise
Position: Other senior manager
Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 138642/4/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 14151 Unit price: N/A
Aggregated transactions
(1): Volume: 14151 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
Nokia Corporation - Managers’ transactions (Hammarén)
Transaction notification under Article 19 of EU Market Abuse Regulation.
Person subject to the notification requirement
Name: Hammarén, Patrik
Position: Other senior manager
Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 138638/4/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 9120 Unit price: N/A
Aggregated transactions
(1): Volume: 9120 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
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
Notification type: INITIAL NOTIFICATION
Reference number: 138636/5/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: US6549022043
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 81230 Unit price: N/A
Aggregated transactions
(1): Volume: 81230 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
Nokia Corporation - Managers’ transactions (Niinimäki)
Transaction notification under Article 19 of EU Market Abuse Regulation.
Person subject to the notification requirement
Name: Niinimäki, Esa
Position: Other senior manager
Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 138647/4/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 28784 Unit price: N/A
Aggregated transactions
(1): Volume: 28784 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
Nokia Corporation - Managers’ transactions (Sahgal)
Transaction notification under Article 19 of EU Market Abuse Regulation.
Person subject to the notification requirement
Name: Sahgal, Raghav
Position: Other senior manager
Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 138653/4/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 89000 Unit price: N/A
Aggregated transactions
(1): Volume: 89000 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
|
|
Stock exchange release | 1 (1) | |
| 14 January 2026 |
Nokia Corporation
Managers’ transactions
14 January 2026 at 16:30 EET
Nokia Corporation - Managers’ transactions (Wirén)
Transaction notification under Article 19 of EU Market Abuse Regulation.
Person subject to the notification requirement
Name: Wirén, Marco
Position: Chief Financial Officer
Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 138651/4/4
Transaction date: 2026-01-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE
Transaction details
(1): Volume: 35987 Unit price: N/A
Aggregated transactions
(1): Volume: 35987 Volume weighted average price: N/A
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, Global Media Relations
Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
www.nokia.com
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Nokia Corporation, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: January 14, 2026 | Nokia Corporation | |
| By: | /s/ Johanna Mandelin | |
| Name: | Johanna Mandelin | |
| Title: | Vice President, Corporate Legal |
FAQ
What share transfer did Nokia (NOK) report in this Form 6-K?
Nokia reported that 6,332,357 Nokia shares held by the company were transferred without consideration to participants in its equity-based incentive plans, based on a prior Board resolution.
How many own shares does Nokia (NOK) hold after the incentive share transfer?
Following the transfer to incentive plan participants, Nokia stated that it now holds 141,914,507 of its own shares.
What type of transactions were disclosed for Nokia managers in this filing?
The filing discloses several managers’ transactions that are all categorized as receipt of a share-based incentive in the form of Nokia shares, executed outside a trading venue.
Which Nokia (NOK) executives are mentioned as receiving share-based incentives?
Named recipients include senior managers Louise Fisk, Patrik Hammarén, David Heard, Esa Niinimäki, Raghav Sahgal and Chief Financial Officer Marco Wirén, each receiving Nokia shares as equity incentives.
Did Nokia’s CFO receive shares in this set of transactions?
Yes. Chief Financial Officer Marco Wirén received 35,987 Nokia shares as part of a share-based incentive, according to the managers’ transactions section.
Were these Nokia share-based incentives executed on a stock exchange?
No. The filing specifies that the share-based incentive transactions for the managers took place outside a trading venue.
