Lumen director granted 25,197 restricted shares

Lumen Technologies director Kevin P. Chilton received an equity grant rather than buying shares on the market.

Rhea-AI Filing Summary

Lumen Technologies director Kevin P. Chilton received an equity grant rather than buying shares on the market. On this Form 4, he acquired 25,197 shares of Common Stock as a compensation-related grant valued at $9.44 per share. These are restricted stock units that will vest on May 21, 2027 and be settled in shares later under his deferral election. After this award, his direct holdings increased to 436,716 shares, indicating this is a routine incentive grant that raises his long-term equity stake in the company.

Insider Trade Summary

Grant/Award: 25,197 shares

Grant/Award 1 txn

Insider Chilton Kevin P.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	25,197	$9.44	$238K

Holdings After Transaction: Common Stock — 436,716 shares (Direct)

Footnotes (1)

1. F1. This grant of restricted stock units will vest on May 21, 2027, but will be paid out in shares of Common Stock at a later date according to the Reporting Person's deferral election.

Key Figures

Equity award size: 25,197 shares Grant reference price: $9.44 per share Holdings after transaction: 436,716 shares +1 more

4 metrics

Equity award size 25,197 shares Grant of Common Stock as restricted stock units

Grant reference price $9.44 per share Price per share used for the award

Holdings after transaction 436,716 shares Total direct Common Stock held after grant

Vesting date May 21, 2027 Restricted stock units vesting date

Key Terms

restricted stock units, Form 4, grant, award, or other acquisition, deferral election

4 terms

restricted stock units financial

"This grant of restricted stock units will vest on May 21, 2027"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Form 4 regulatory

"On this Form 4, he acquired 25,197 shares of Common Stock"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

deferral election financial

"paid out in shares of Common Stock at a later date according to the Reporting Person's deferral election"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lumen Technologies (LUMN) disclose in Kevin P. Chilton’s latest Form 4?

Lumen Technologies reported that director Kevin P. Chilton received a grant of 25,197 shares of Common Stock at $9.44 per share. This was a compensation-related equity award, not an open-market purchase, and increased his direct holdings to 436,716 shares.

Was Kevin P. Chilton buying or selling Lumen Technologies (LUMN) stock in this Form 4?

He was not buying or selling in the open market; he acquired shares through an equity award. The Form 4 shows a grant of 25,197 restricted stock units, classified as a grant or award acquisition, increasing his long-term ownership position in Lumen Technologies.

How large is Kevin P. Chilton’s new equity award in Lumen Technologies (LUMN)?

The award covers 25,197 shares of Lumen Technologies Common Stock at a reference price of $9.44 per share. This restricted stock unit grant adds to his existing stake and brings his total direct holdings reported in this filing to 436,716 shares.

When do Kevin P. Chilton’s new Lumen Technologies (LUMN) restricted stock units vest?

The restricted stock units granted to Kevin P. Chilton will vest on May 21, 2027. According to the filing, they will then be paid out in shares of Common Stock at a later date based on his deferral election, extending the compensation horizon.

How many Lumen Technologies (LUMN) shares does Kevin P. Chilton hold after this Form 4 transaction?

After the reported award, Kevin P. Chilton holds 436,716 shares of Lumen Technologies Common Stock directly. This figure reflects his position following the grant of 25,197 restricted stock units disclosed in the Form 4 insider transaction report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:48 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chilton Kevin P.

(Last) (First) (Middle)

100 CENTURYLINK DRIVE

(Street)

MONROE LOUISIANA 71203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lumen Technologies, Inc. [ LUMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/21/2026		A(1)		25,197	A	$9.44	436,716	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This grant of restricted stock units will vest on May 21, 2027, but will be paid out in shares of Common Stock at a later date according to the Reporting Person's deferral election.

Remarks:

	/s/ Cory Smith, as Attorney-in-Fact for Kevin P. Chilton	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)