ESPOO, Finland - Nokia (HE:NOKIA) Corporation (NYSE:NOK) reported on Wednesday that Piia Susanna Martikainen, a person closely associated with Tommi Uitto, a member of the company's upper management, has received a stock-based compensation. The transaction was made in accordance with Article 19 of the Market Abuse Regulation.
The notification detailed that the transaction occurred on January 22, 2025, and involved the receipt of 10,271 Nokia shares. The exact value of the transaction was not disclosed, as it pertains to a stock reward, and therefore, a unit price is not applicable.
Tommi Uitto, associated with the transaction, holds a significant leadership role within Nokia, as part of the company's senior management team. The details of the transaction were provided in a regulatory filing, which is a standard procedure to ensure transparency in the dealings of company executives and related parties.
Nokia, a global technology leader, continues to innovate in the fields of fixed, mobile, and cloud network solutions. The company is recognized for its contributions to B2B technology and innovation, spearheading the development of intelligent network solutions for the future. Nokia's competitive edge is attributed to its expertise in these areas, as well as its commitment to high-performance, responsible, and secure network standards.
The Finnish telecommunications giant places significant emphasis on research and development, led by the renowned Nokia Bell Labs, and values its intellectual property rights. Nokia's network solutions are designed to integrate seamlessly with various ecosystems, offering new opportunities for commercialization and scalability.
Investors and partners worldwide rely on Nokia's networks for their performance and trustworthiness. The company collaborates closely with partners to develop digital services and applications that will shape the future.
This report is based on a press release statement from Nokia Corporation.
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