Lumen Technologies CEO's trust buys 100,000 shares
Other positions reported for Johnson included 7,509,539 shares held directly, 3,606,127 through a Spousal Trust and 1,000,000 through a Grantor Retained Annuity Trust.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Kathleen E. Johnson, Lumen Technologies’ Chief Executive Officer and a director, reported that the Revocable Trust of Todd and Kathleen Johnson, of which she is a trustee, purchased 100,000 common shares on November 6, 2026, at a weighted average price of $3.9689 per share; individual prices ranged from $3.8850 to $4.0050. The trust held 200,000 shares after the purchase. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Johnson Kathleen E
Role
Chief Executive Officer
Bought
100,000 shs ($397K)
Increase in Position
100%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 100,000 | $3.9689 | $397K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 200,000 shares (Indirect, By Revocable Trust);
Common Stock — 7,509,539 shares (Direct);
Common Stock — 3,606,127 shares (Indirect, By Spousal Trust);
Common Stock — 1,000,000 shares (Indirect, By Grantor Retained Annuity Trust)
Holdings Before and After:
Common Stock, 100,000 to 200,000 shares (Indirect, By Revocable Trust)
Other Insiders: 1 other insider reported open-market purchases of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $3.8850 to $4.0050 per share. The Reporting Person has provided the Company, and upon request, will provide any security holder of the Company or the staff of the U.S. Securities and Exchange Commission, with information regarding the number of shares acquired at each price within that range
- F2. Shares are held by the Revocable Trust of Todd and Kathleen Johnson, u/a/d November 29, 2021, of which the Reporting Person is a trustee.
Key Figures
Common shares purchased: 100,000 shares
Weighted average purchase price: $3.9689 per share
Individual purchase price range: $3.8850–$4.0050 per share
+4 more
7 metrics
Common shares purchased
100,000 shares
Purchase by the Revocable Trust of Todd and Kathleen Johnson on November 6, 2026
Weighted average purchase price
$3.9689 per share
Purchase on November 6, 2026
Individual purchase price range
$3.8850–$4.0050 per share
Prices paid for shares in the November 6, 2026 purchase
Revocable Trust shares after purchase
200,000 shares
Reported after the November 6, 2026 purchase
Shares held directly
7,509,539 shares
Reported holding on November 6, 2026
Shares held through Spousal Trust
3,606,127 shares
Reported holding on November 6, 2026
Shares held through Grantor Retained Annuity Trust
1,000,000 shares
Reported holding on November 6, 2026
Key Terms
weighted average price, Revocable Trust, Grantor Retained Annuity Trust
3 terms
weighted average price financial
"The price in column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"Shares are held by the Revocable Trust of Todd and Kathleen Johnson"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Grantor Retained Annuity Trust financial
"By Grantor Retained Annuity Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
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