SK Telecom to grant 1,061 treasury shares to directors

SK TELECOM CO LTD (SKM) approved the disposal of 1,061 treasury common shares to grant as bonus compensation to its independent non-executive directors.

Rhea-AI Filing Summary

SK TELECOM CO LTD (SKM) approved the disposal of 1,061 treasury common shares to grant as bonus compensation to its independent non-executive directors. The disposal price is ₩99,600 per share, for an estimated aggregate value of ₩105,675,600, via over-the-counter transactions.

The disposal period runs from August 28, 2026 to September 30, 2026, using SK Securities Co., Ltd. as investment brokerage agent. Before this disposal, the company held 1,732,142 treasury common shares, representing 0.8% of its shares, acquired within a limit based on the maximum amount of dividends payable.

Key Figures

Treasury shares to be disposed (common): 1,061 shares Disposal price per treasury share: ₩99,600 Estimated aggregate disposal value: ₩105,675,600 +5 more

8 metrics

Treasury shares to be disposed (common) 1,061 shares To be granted as bonus compensation to independent non-executive directors

Disposal price per treasury share ₩99,600 Price of common treasury shares to be disposed

Estimated aggregate disposal value ₩105,675,600 Total value of 1,061 treasury common shares at ₩99,600 per share

Treasury shares held before disposal (common) 1,732,142 shares Treasury common shares acquired within limit based on maximum amount of dividends payable

Treasury share holding ratio before disposal 0.8% Percentage of shares represented by treasury common shares before disposal

Disposal period start August 28, 2026 First day of the treasury share disposal period

Disposal period end September 30, 2026 Last day of the treasury share disposal period

Board resolution date August 27, 2026 Date the board approved the disposal of treasury shares

Key Terms

treasury shares, independent non-executive directors, over-the-counter, tender offer, +1 more

5 terms

treasury shares financial

"Decision on Disposal of Treasury Shares On August 27, 2026, the board"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

independent non-executive directors financial

"granting shares as bonus compensation to its independent non-executive directors"

Independent non-executive directors are board members who do not work for the company and have no significant financial or personal ties to its managers; they do not run day-to-day operations but attend board meetings to oversee strategy and decisions. For investors, they matter because they act like outside referees or impartial advisors who help prevent self-dealing, challenge management when needed, and boost confidence that the company’s decisions serve shareholders’ interests.

over-the-counter financial

"Method of Disposal | | Over-the-counter"

Over-the-counter describes securities or trades that occur directly between buyers and sellers rather than on a formal stock exchange. Think of it like buying at a flea market instead of a big supermarket: prices, rules and transparency can vary, which can mean lower liquidity, wider price swings and less regulatory oversight—factors investors watch because they affect ease of trading and risk level.

tender offer financial

"Tender offer | | Common shares | | - | | -"

A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.

investment brokerage agent financial

"Investment Brokerage Agent | | SK Securities Co., Ltd."

FAQ

What treasury share disposal did SKM announce in this Form 6-K?

SK TELECOM CO LTD approved disposing of 1,061 treasury common shares to grant as bonus compensation to its independent non-executive directors, at a price of ₩99,600 per share, for an estimated aggregate value of ₩105,675,600.

What is the disposal period for SKM’s treasury shares?

The treasury share disposal period for SK TELECOM CO LTD runs from August 28, 2026 to September 30, 2026. The shares will be transferred over-the-counter during this interval to independent non-executive directors as bonus compensation.

Who will receive the disposed treasury shares from SKM?

The disposed treasury shares will be granted by SK TELECOM CO LTD to its independent non-executive directors as bonus compensation, using over-the-counter transactions facilitated by SK Securities Co., Ltd.

How many treasury shares did SKM hold before this disposal?

Before the disposal, SK TELECOM CO LTD held 1,732,142 treasury common shares, representing 0.8% of its shares, all acquired within a limit based on the maximum amount of dividends payable.

What brokerage firm is involved in SKM’s treasury share disposal?

SK TELECOM CO LTD engaged SK Securities Co., Ltd. as the investment brokerage agent for the over-the-counter disposal of 1,061 treasury common shares to its independent non-executive directors.

When did SKM’s board approve the treasury share disposal plan?

SK TELECOM CO LTD’s board of directors resolved the disposal of treasury shares on August 27, 2026. The underlying plan for holding and disposing of treasury shares was approved earlier on March 26, 2026.

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

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Available on EDGAR 08/27/2026 - 06:07 AM Accepted by SEC EDGAR 08/27/2026 - 06:06 AM 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

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF AUGUST 2026

Commission File Number: 333-04906

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of 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 ☒   Form 40-F ☐

Decision on Disposal of Treasury Shares

On August 27, 2026, the board of directors of SK Telecom Co., Ltd. (the “Company”) approved the Company’s disposal of treasury shares for the purpose of granting shares as bonus compensation to its independent non-executive directors.

1. Number of Treasury Shares to be Disposed				Common shares		1,061
				Preferred shares		—
2. Price of the Treasury Shares to be Disposed (Won)				Common shares		99,600
				Preferred shares		—
3. Estimated Aggregate Disposal Value (Won)				Common shares		105,675,600
				Preferred shares		—
4. Disposal Period				From		August 28, 2026
				To		September 30, 2026
5. Purpose of Disposal						Grant of shares as bonus compensation
6. Method of Disposal						Over-the-counter
7. Disposal Counterparties						Independent Non-executive Directors
8. Investment Brokerage Agent						SK Securities Co., Ltd.
9. Treasury Shares Held Before Disposal		Acquisition within Limit Based on Maximum Amount of Dividends Payable		Common shares		1,732,142		Percentage of shares (%)		0.8
				Preferred shares		—		Percentage of shares (%)		—
		Other Acquisition		Common shares		—		Percentage of shares (%)		—
				Preferred shares		—		Percentage of shares (%)		—
10. Date of Approval of the Plan for Holding and Disposal of Treasury Shares						March 26, 2026
11. Date of Resolution by the Board of Directors						August 27, 2026
-   Attendance of Outside Directors						Present: 5; Absent: 0
-   Attendance of Auditors (Audit Committee Members who are not Outside Directors)						—
12. Maximum Daily Sale Order				Common shares		—
				Preferred shares		—

13. Other Matters Relating to an Investment Decision

- Items 1, 2 and 3 above are based on the closing price of the Company’s shares on August 26, 2026, the day before the date of the resolution by the board of directors.

- The actual number, price and aggregate value of the treasury shares to be disposed may change as of the date of disposal.

- Regarding Item 5 above, the purpose of the disposal is to grant 1,061 treasury shares to five independent non-executive directors through the Company’s compensation program for its independent non-executive directors, which is tied to the Company’s enterprise value and under which the Company grants treasury shares as a portion of the independent non-executive directors’ compensation. The number of treasury shares granted to each independent non-executive director varies depending on factors including the role and responsibility of each independent non-executive director.

- Regarding Item 6 above, the disposal will be implemented by the transfer of shares from the Company’s securities account for treasury shares to the securities account of each recipient.

[Treasury Shares Held Prior to Decision on Disposal of Treasury Shares]

(Unit: shares)

Method of acquisition						Type of shares		Beginning		Change						End		Notes
										Acquired (+)		Disposed (–)		Cancelled (–)
Acquisition within limit based on maximum amount of dividends payable		Direct acquisition		Direct acquisition through stock exchange		Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
				Over-the- counter acquisition		Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
				Tender offer		Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
				Subtotal (a)		Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
		Acquisition through broker		Held in trust by broker		Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
				Held by Company		Common shares		1,807,778		-		75,636		-		1,732,142		-
						Preferred shares		-		-		-		-		-		-
				Subtotal (b)		Common shares		1,807,778		-		75,636		-		1,732,142		-
						Preferred shares		-		-		-		-		-		-
Other acquisition (c)						Common shares		-		-		-		-		-		-
						Preferred shares		-		-		-		-		-		-
Total (a+b+c)						Common shares		1,807,778		-		75,636		-		1,732,142		-
						Preferred shares		-		-		-		-		-		-

- The “Beginning” above refers to the number of treasury shares held as of January 1, 2026, the beginning of the current fiscal year, and the “End” refers to the number of treasury shares held as of August 27, 2026, the filing date of this disclosure document.

[Additional Disclosure Items]

1. Relationship between the Company or its largest shareholder and each counterparty to the disposal

- Five independent non-executive directors

2. Reasons for selection of counterparties to the disposal

- To implement stock-based independent non-executive directors

3. Number of Shares disposed of per counterparty (shares)

- 1,061 shares for independent non-executive directors

4. Basis for price calculation

- Items 1, 2 and 3 above are based on the closing price of the Company’s shares on August 26, 2026, the day before the date of the resolution by the board of directors.

5. Expected dilutive effect on the value of the Company’s shares

- The number of shares scheduled for disposal set forth in Item 1 above represents approximately 0.0005% of the total number of issued shares, which is 214,790,053 common shares. As the shares will be delivered through an off-market disposal, the impact is expected to be limited.

6. Other Matters for Investment Consideration

- Not applicable.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SK TELECOM CO., LTD.
(Registrant)
By: /s/ Taehee Kim
(Signature)
Name:		Taehee Kim
Title:		Vice President

Date: August 27, 2026