Nokia Board Member Öistämö Receives Shares Under AGM-Approved Incentive Plan

Nokia ( (GB:0HAF) ) has provided an update.

Nokia disclosed a manager’s transaction involving Board member Kai Öistämö, who received 7,451 Nokia shares on 4 May 2026 on Nasdaq Helsinki as part of a share-based incentive. The allocation follows a decision at the company’s April 2026 Annual General Meeting that roughly 40% of Board members’ annual fees be paid in Nokia shares, underlining the firm’s continued use of equity-based compensation to align Board interests with those of shareholders and reinforce governance practices.

By increasing the share-based portion of director remuneration, Nokia further ties Board compensation to its market performance and long-term value creation. This approach may strengthen confidence among investors by signaling commitment to shareholder alignment and prudent oversight while leveraging standard EU Market Abuse Regulation transparency mechanisms through timely disclosure of such insider transactions.

More about Nokia

Nokia is a global leader in connectivity technologies for the AI era, providing solutions across fixed, mobile, and transport networks. The company focuses on advancing next-generation connectivity infrastructure, positioning itself as a key player in enabling secure and intelligent digital communications worldwide.

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