Lumen Technologies (NYSE: LUMN) awards director 27,350 RSUs
Rhea-AI Filing Summary
Hinshaw John M reported acquisition or exercise transactions in this Form 4 filing.
Lumen Technologies, Inc. director John M. Hinshaw reported an award of 27,350 restricted stock units tied to Common Stock on August 5, 2026, valued at $6.08 per share. These units vest on August 5, 2027 and will be settled later in shares under his deferral election. He also reports 379 shares held indirectly through The EAG Family Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,350 shares
Net Buy
2 txns
Insider
Hinshaw John M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 27,350 | $6.08 | $166K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,350 shares (Direct);
Common Stock — 379 shares (Indirect, By Trust)
Footnotes (2)
- F1. This grant of restricted stock units will vest on August 5, 2027, but will be paid out in shares of Common Stock at a later date according to the Reporting Person's deferral election.
- F2. Shares are held by The EAG Family Trust dated 4/19/2012, of which the Reporting Person is a trustee.
Key Figures
Restricted stock units granted: 27,350 shares
Grant price: $6.0800 per share
RSU vesting date: August 5, 2027
+2 more
5 metrics
Restricted stock units granted
27,350 shares
Award to director John M. Hinshaw on August 5, 2026
Grant price
$6.0800 per share
Value assigned to the August 5, 2026 restricted stock unit award
RSU vesting date
August 5, 2027
Scheduled vesting for 27,350 restricted stock units
Direct holdings after award
27,350 shares
Common Stock reported as directly held following the award
Indirect trust holdings
379 shares
Common Stock held by The EAG Family Trust dated April 19, 2012
Key Terms
restricted stock units, deferral election, trustee
3 terms
restricted stock units financial
"This grant of restricted stock units will vest on August 5, 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.
deferral election financial
"paid out in shares of Common Stock at a later date according to the Reporting Person's deferral election"
trustee financial
"Shares are held by The EAG Family Trust dated 4/19/2012, of which the Reporting Person is a trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lumen Technologies (LUMN) report for John M. Hinshaw?
Lumen Technologies reported that director John M. Hinshaw received 27,350 restricted stock units tied to Common Stock on August 5, 2026 at $6.08 per share. These units represent equity compensation rather than an open-market purchase or sale of existing shares.
When do John M. Hinshaw’s Lumen Technologies (LUMN) restricted stock units vest and how are they settled?
Hinshaw’s 27,350 restricted stock units vest on August 5, 2027. According to the disclosure, they will be paid out in shares of Lumen Technologies Common Stock at a later date, in line with the reporting person’s deferral election for settlement timing.
Does John M. Hinshaw’s Form 4 for Lumen Technologies (LUMN) report any stock sales?
No stock sales are reported. The Form 4 lists one acquisition of 27,350 restricted stock units as compensation and a separate entry updating 379 indirectly held shares via a family trust, with the transaction summary showing no sales of Lumen Technologies stock.
Was John M. Hinshaw’s Lumen Technologies (LUMN) transaction under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5‑1 checkbox is not marked, indicating the reported award and holdings update are not affirmed as being under a Rule 10b5‑1 trading plan. The transaction is described as a grant/award acquisition of equity compensation.
What are John M. Hinshaw’s direct Lumen Technologies (LUMN) holdings after the restricted stock unit award?
After the reported award, Hinshaw is shown with 27,350 shares of Lumen Technologies Common Stock in a direct capacity, corresponding to the granted restricted stock units. Separately, 379 shares are listed as held indirectly through The EAG Family Trust where he serves as trustee.