Lumen (LUMN) director Diankha Linear sells 45,000 shares in tax planning move

Rhea-AI Filing Summary

Lumen Technologies director Diankha Linear sold 45,000 shares of common stock in an open-market transaction on February 20, 2026. The weighted average sale price was $7.89 per share, with individual trades executed between $7.89 and $7.91.

After this sale, Linear continued to hold 198,229 Lumen shares directly. According to the disclosure, the transaction was made in connection with tax and estate planning activities, and detailed trade-by-trade pricing information is available upon regulatory or shareholder request.

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

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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^*

Linear Diankha

(Last) (First) (Middle)

100 CENTURYLINK DR

(Street)

MONROE LA 71203

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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

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

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

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	02/20/2026		S		45,000(1)	D	$7.89(2)	198,229	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. Ms. Linear sold common shares in connection with tax and estate planning activities.

2. The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $7.89 - $7.91. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Meredith Hayes, as Attorney-in-Fact for Diankha Linear	02/20/2026
	** 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.

FAQ

What insider transaction did Lumen Technologies (LUMN) report for Diankha Linear?

Lumen Technologies reported that director Diankha Linear sold 45,000 shares of common stock on February 20, 2026. The transaction was an open-market sale and left her with 198,229 directly held shares afterward.

At what price did Diankha Linear sell Lumen (LUMN) shares in this Form 4?

The reported weighted average price for Diankha Linear’s 45,000 Lumen shares sold was $7.89 per share. Individual trades occurred at prices ranging from $7.89 to $7.91, according to the disclosure notes.

How many Lumen Technologies (LUMN) shares does Diankha Linear hold after the sale?

Following the February 20, 2026 sale, Diankha Linear directly holds 198,229 shares of Lumen Technologies common stock. This figure represents her remaining direct ownership after disposing of 45,000 shares in the reported transaction.

Why did Diankha Linear sell Lumen Technologies (LUMN) shares according to the filing?

The Form 4 notes that Diankha Linear sold Lumen Technologies shares in connection with tax and estate planning activities. This indicates the sale was related to personal financial planning rather than an operational corporate event.

What does the Form 4 say about price details for Diankha Linear’s Lumen (LUMN) sale?

The filing states the reported $7.89 price is a weighted average, with shares sold between $7.89 and $7.91. The reporting person undertakes to provide full trade-by-trade price details to regulators, the issuer, or shareholders upon request.