Overview of Compensation#
Nokia Oyj, a Finnish telecommunications company, announced that board member Elizabeth Crain has received 7,625 shares as part of her annual compensation package. This information was revealed in a press release on Sunday.
Details of the Share Transfer#
The share transfer took place on Monday and was executed on Nasdaq Helsinki, the Finnish stock exchange. This transaction is part of a decision made during Nokia’s annual general meeting on April 9, 2026, where it was decided that about 40% of board members' annual fees would be compensated in Nokia shares. This approach aligns board member interests with the company's performance, as their compensation is tied to the company's stock value.
Regulatory Disclosure#
The disclosure of this share transaction was made under Article 19 of the Market Abuse Regulation. This regulation mandates that individuals in managerial positions report their transactions to ensure transparency and prevent market abuse. The filing was categorized as an initial notification and carries the reference number 154895/5/4.
Company Background#
Nokia is known for providing technology solutions focused on network infrastructure for fixed, mobile, and cloud networks. This strategic focus positions Nokia as a key player in the evolving telecommunications landscape.