David Heard, a senior manager at Nokia Corporation, executed a significant share disposal on February 16, 2026, selling 275,000 shares of the Finnish telecommunications equipment manufacturer. The transaction was completed at an average price of 5.9457 EUR per share, generating proceeds of approximately 1.6 million euros based on the reported pricing.
The share sale was conducted across multiple trading venues, including AQEA, BATF, BEUP, MSIP, UBSY, and XTXE, indicating a distributed execution strategy typical of large institutional transactions. The multi-exchange approach suggests an effort to manage market impact while completing the substantial position reduction.
The transaction represents a noteworthy change in executive holdings at Nokia and has been disclosed in accordance with regulatory requirements governing insider trading and senior management share transactions.