ESPOO - Nokia (HE:NOKIA) Corporation (NYSE:NOK) has reported a transaction under the EU Market Abuse Regulation involving one of its senior managers, Nishant Batra. The initial notification, dated today, disclosed the receipt of a share-based incentive by Batra, who serves as a senior manager within the company.
On Wednesday, Batra received 78,821 Nokia shares as part of the incentive. The transaction did not occur on a trading venue, and no unit price was specified as it relates to an incentive arrangement rather than a market purchase.
Nokia, a global leader in B2B technology innovation, is known for its pioneering work in mobile, fixed, and cloud networks. The company also emphasizes creating value through intellectual property and long-term research, primarily conducted by its Nokia Bell Labs, renowned for numerous technological breakthroughs.
The Finnish multinational continues to focus on developing networks with advanced capabilities, including the ability to sense, think, and act, aiming to integrate seamlessly into various ecosystems. Service providers, enterprises, and partners around the world rely on Nokia for secure, reliable, and sustainable network solutions and look to the company for the digital services and applications of the future.
The information regarding this transaction is based on a press release statement from Nokia Corporation.
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