Lumen director granted 25,197 stock units

Bejar Martha Helena reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bejar Martha Helena reported acquisition or exercise transactions in this Form 4 filing.

Lumen Technologies director Martha Helena Bejar received an equity award linked to company stock. She was granted 25,197 restricted stock units tied to Common Stock at a reference price of $9.44 per share. These units will vest on May 21, 2027 and will be settled in shares of Common Stock at a later date based on her deferral election. Following this award, her directly held position is reported at 421,144 shares.

Insider Trade Summary

Grant/Award: 25,197 shares

Grant/Award 1 txn

Insider Bejar Martha Helena

Role Director

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

Holdings After Transaction: Common Stock — 421,144 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

Restricted stock units granted: 25,197 units Grant reference price: $9.44 per share Shares after transaction: 421,144 shares +1 more

4 metrics

Restricted stock units granted 25,197 units Equity award to director on May 21, 2026

Grant reference price $9.44 per share Valuation for the 25,197-unit award

Shares after transaction 421,144 shares Total directly held following the grant

Vesting date May 21, 2027 Restricted stock units vesting schedule

Key Terms

restricted stock units, Common Stock, deferral election, Grant, award, or other acquisition

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.

Common Stock financial

"will be paid out in shares of Common Stock at a later date"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

deferral election financial

"at a later date according to the Reporting Person's deferral election"

Grant, award, or other acquisition financial

"transaction code description is Grant, award, or other acquisition"

FAQ

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

What did Lumen (LUMN) director Martha Helena Bejar report in this Form 4?

She reported receiving 25,197 restricted stock units tied to Lumen Common Stock. The award is classified as a grant or other acquisition and increases her reported direct holdings to 421,144 shares after the transaction.

How many Lumen (LUMN) shares were awarded to Martha Helena Bejar?

She was awarded 25,197 restricted stock units linked to Lumen Common Stock. The filing lists a reference price of $9.44 per share for the grant, which is typical for valuing compensation awards rather than indicating an open-market purchase.

When do Martha Helena Bejar’s new Lumen (LUMN) restricted stock units vest?

The restricted stock units are scheduled to vest on May 21, 2027. According to the footnote, actual shares of Common Stock will be delivered later, based on her deferral election, separating vesting from payout timing.

Is this Lumen (LUMN) Form 4 a stock purchase or a compensation grant?

This filing reflects a compensation grant, not an open-market stock purchase. The transaction code is “A” for grant, award, or other acquisition, and the footnote clarifies these are restricted stock units that vest in 2027 and pay out in shares later.

What are Martha Helena Bejar’s Lumen (LUMN) holdings after this Form 4 transaction?

After the reported grant, her total directly held position is 421,144 shares. This figure includes the impact of the 25,197 restricted stock units reported in the transaction, as disclosed in the Form 4 summary line.

How is the $9.44 figure used in Martha Helena Bejar’s Lumen (LUMN) award?

The filing lists a transaction price of $9.44 per share for the 25,197-unit award. This amount serves as the valuation reference for the compensation grant, rather than indicating a price paid in an open-market transaction.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/26/2026 - 04:51 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^*

Bejar Martha Helena

(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	421,144	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 Martha Bejar	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)