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Lumen Technologies, Inc. — Director's Dealing 2025
Mar 5, 2025
30915_dirs_2025-03-04_e424d3e6-8939-4bf9-9430-ac0601001f6a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Lumen Technologies, Inc. (LUMN)
CIK: 0000018926
Period of Report: 2025-03-01
Reporting Person: Stansbury Christopher (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-01 | Common Stock | A | 1277084 | — | Acquired | 5156705 | Direct |
| 2025-03-01 | Common Stock | A | 638542 | — | Acquired | 5795247 | Direct |
| 2025-03-01 | Common Stock | F | 315698 | $4.72 | Disposed | 5479549 | Direct |
| 2025-04-04 | Common Stock | D | 236435 | — | Disposed | 5243114 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500000 | 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 with a one-year cliff vesting on March 1, 2028.
F3: Shares withheld to cover the taxes due upon the vesting of equity awards.
F4: Represents performance-based restricted shares or RSUs granted on April 4, 2022, which will be forfeited on April 4, 2025, for failing to achieve the three-year performance metrics.