Corporate Governance

Insider issues

Insider Issues

F-Secure complies with insider legislation, including the EU Market Abuse Regulation “MAR”, the rules and regulations of the Finnish Financial Supervisory Authority, as well as Nasdaq Helsinki’s Guidelines for Insiders. F-Secure has established its own insider policy to complement the regulation and guidelines above.

F-Secure maintains a list of all persons who have regular access to the company’s financial information. Due to the sensitive nature of financial information, persons having access to financial information before publication of an interim financial report or a year-end report shall be subject to a thirty (30) day trading restriction prior to publication of such a report (“Closed Period”).
In addition, F-Secure maintains a project-specific insider list of persons that have access to inside information that has been subject to delaying of disclosure in accordance with MAR.

F-Secure has decided not to establish a permanent insider list. All persons who have access to project-specific inside information shall be included in a project-specific insider list.

Persons discharging managerial responsibilities at F-Secure comprise members of the Board of Directors, the CEO and other members of the Leadership Team. These persons have a duty to notify F-Secure and the Finnish Financial Supervisory Authority of every transaction on their own account relating to financial instruments of F-Secure within three business days. The company publishes these notifications as a stock exchange release in accordance with MAR. All releases published on managers’ transactions are available on the company’s website.

Closed window

All persons discharging managerial responsibilities and persons closely associated with them are prohibited from trading in F-Secure’s financial instruments 30 days prior to the publication of financial reports. Additionally, project-based insiders are never entitled to trade in shares, options, or other securities during the duration of an insider project before F-Secure has notified the insider that the trading restriction has ended.

Silent period

The silent period starts 30 days before the publication of the company's result. No meetings or other discussions with the investor community or the media will be arranged during this period.

Disclosure policy

F-Secure's Disclosure Policy describes the key principles and practices that the company applies in its investor relations and financial reporting.

Disclosure Policy

Managers' transactions add

The managers of F-Secure Corporation under the market abuse regulation ((EU) No 596/2014 “MAR”) and their immediate circle must follow the instructions below in transaction notifications. Such notifications shall be made to F-Secure Corporation and the FIN-FSA promptly and no later than three (3) business days after the date of the transaction.

The obligation to notify transactions applies to all transactions after a total amount of EUR 5,000 has been reached within a calendar year. Calculate the threshold by adding without netting all transactions referred to in Article 19(1) of MAR conducted within a calendar year.

Instructions for filling the transaction notification form

Transactions are notified to the Financial Supervisory Authority (FIN-FSA) via electronic services. You can log in to the electronic services at

The use of electronic services requires strong user identification. General instructions for filling the form can be found at

Information needed on the form:

F-Secure Corporation’s ISIN code: FI4000519236
F-Secure Corporation’s LEI code: 9845006BFDJF0375E466
F-Secure Corporation’s trading code: FSECURE
Notification reference: Generated automatically when the form is saved (no need to fill in)

Save the form filled in the electronic services as a PDF file.

Send the PDF file attached to an e-mail to (not by post due to the short deadline)

F-Secure publishes the notification as a stock exchange release without delay after having received it.