Lumen Technologies, Inc. — Director's Dealing 2025

Mar 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lumen Technologies, Inc. (LUMN)
CIK: 0000018926
Period of Report: 2025-03-01

Reporting Person: Genschaw Andrea (SVP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Common Stock	A	148993	—	Acquired	581636	Direct
2025-03-01	Common Stock	A	117066	—	Acquired	698702	Direct
2025-03-01	Common Stock	F	36604	$4.72	Disposed	662098	Direct
2025-03-01	Common Stock	D	22531	—	Disposed	639567	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3560	Indirect

Footnotes

F1: Represents a grant of restricted stock (40% time-based and 60% performance-based). The time-based portion will vest in three equal annual installments beginning on March 1, 2026. Vesting of the performance-based portion is dependent upon the extent to which two three-year performance metrics are achieved, with any earned shares vesting on March 1, 2028.

F2: Represents a one-time retention grant of restricted stock that will vest in three equal annual installments beginning on March 1, 2026.

F3: Shares withheld to cover the taxes due upon the vesting of equity awards.

F4: Represents performance-based restricted shares or RSUs granted on February 25, 2022, which were forfeited on March 1, 2025, for failing to achieve the three-year performance metrics.