Nokia transfers 2.14M shares for incentive plans

Four senior managers reported share-based incentive receipts of 8,505, 35,110, 35,192 and 45,275 shares.

Rhea-AI Filing Summary

Nokia Corporation transferred 2,142,361 shares held by the company, without consideration, to participants in its equity-based incentive plans on October 15, 2026. The transfer was based on a Board resolution to issue company-held shares to settle commitments to incentive-plan participants, announced October 2, 2025. Nokia held 81,161,716 of its own shares following the transfer.

Four senior managers separately reported receipts of share-based incentives on October 15, 2026: Patrik Hammarén, 8,505 shares; David Heard, 35,110 shares; Pallavi Mahajan, 35,192 shares; and Konstanty Owczarek, 45,275 shares.

Key Figures

Shares transferred to incentive-plan participants: 2,142,361 shares Nokia own shares held after transfer: 81,161,716 shares Patrik Hammarén share-based incentive receipt: 8,505 shares +3 more

6 metrics

Shares transferred to incentive-plan participants 2,142,361 shares October 15, 2026; without consideration

Nokia own shares held after transfer 81,161,716 shares Following the October 15, 2026 transfer

Patrik Hammarén share-based incentive receipt 8,505 shares October 15, 2026

David Heard share-based incentive receipt 35,110 shares October 15, 2026

Pallavi Mahajan share-based incentive receipt 35,192 shares October 15, 2026

Konstanty Owczarek share-based incentive receipt 45,275 shares October 15, 2026

Key Terms

equity-based incentive plans, SHARE-BASED INCENTIVE, Outside a trading venue

3 terms

equity-based incentive plans financial

"participants of Nokia's equity-based incentive plans"

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.

SHARE-BASED INCENTIVE financial

"RECEIPT A SHARE-BASED INCENTIVE"

Share-based incentive is a form of pay where a company rewards employees, executives or directors with company stock or rights to buy stock instead of, or in addition to, cash. It matters to investors because it aligns staff incentives with shareholder outcomes—like paying team members with slices of the same cake they are meant to grow—while increasing the number of shares outstanding, which can reduce each existing share’s claim on profits and affect reported earnings per share.

Outside a trading venue regulatory

"Outside a trading venue"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did NOK senior managers receive as incentives?

The reported receipts were 8,505 shares for Patrik Hammarén, 35,110 for David Heard, 35,192 for Pallavi Mahajan and 45,275 for Konstanty Owczarek, each as a share-based incentive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/15/2026 - 01:37 PM EDT Accepted by SEC EDGAR 10/15/2026 - 01:37 PM EDT Learn about SEC filing dates

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 October 15, 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:

· Managers Transactions (Hammaren)

· Managers Transactions (Heard)

· Managers Transactions (Mahajan)

· Managers Transactions (Owczarek)

· Share Settlement

Stock exchange release

15 October 2026 1 (1)

Nokia Corporation
Managers’ transactions
15 October 2026 at 17:00 EEST

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: 169625/4/4

___________________________________________

Transaction date: 2026-10-15

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 8505 Unit price: N/A

Aggregated transactions
(1): Volume: 8505 Volume weighted average price: N/A

____________________________________________

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries:

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Vice President, Corporate Communications

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

www.nokia.com

Stock exchange release

15 October 2026 1 (1)

Nokia Corporation
Managers’ transactions
15 October 2026 at 17:00 EEST

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: 176608/4/4

___________________________________________

Transaction date: 2026-10-15

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 35110 Unit price: N/A

Aggregated transactions
(1): Volume: 35110 Volume weighted average price: N/A

____________________________________________

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries:

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Vice President, Corporate Communications

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

www.nokia.com

Stock exchange release

15 October 2026 1 (1)

Nokia Corporation
Managers’ transactions
15 October 2026 at 17:00 EEST

Nokia Corporation - Managers' transactions (Mahajan)

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________

Person subject to the notification requirement

Name: Mahajan, Pallavi

Position: Other senior manager

Issuer: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION

Reference number: 176599/4/4

___________________________________________

Transaction date: 2026-10-15

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 35192 Unit price: N/A

Aggregated transactions
(1): Volume: 35192 Volume weighted average price: N/A

____________________________________________

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries:

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Vice President, Corporate Communications

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

www.nokia.com

Stock exchange release

15 October 2026 1 (1)

Nokia Corporation
Managers’ transactions
15 October 2026 at 17:00 EEST

Nokia Corporation - Managers' transactions (Owczarek)

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________

Person subject to the notification requirement

Name: Owczarek, Konstanty

Position: Other senior manager

Issuer: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION

Reference number: 176602/4/4

___________________________________________

Transaction date: 2026-10-15

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 45275 Unit price: N/A

Aggregated transactions
(1): Volume: 45275 Volume weighted average price: N/A

____________________________________________

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries:

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Vice President, Corporate Communications

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

www.nokia.com

Stock exchange release

15 October 2026 1 (1)

Nokia Corporation
Stock Exchange Release
15 October 2026 at 17:00 EEST

Changes in Nokia Corporation's own shares

Espoo, Finland – A total of 2 142 361 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 81 161 716.

About Nokia 

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.

Inquiries: 

Nokia  

Communications 

Phone: +358 10 448 4900 

Email: press.services@nokia.com 

Maria Vaismaa, Vice President, Corporate Communications 

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: October 15, 2026	Nokia Corporation
	By:	/s/ Johanna Mandelin
	Name:	Johanna Mandelin
	Title:	Global Head of Corporate Legal