Lumen (LUMN) director Diankha Linear sells 45,000 shares in tax planning move
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,000 shares ($355,050)
Net Sell
1 txn
Insider
Linear Diankha
Role
Director
Sold
45,000 shs ($355K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,000 | $7.89 | $355K |
Holdings After Transaction:
Common Stock — 198,229 shares (Direct)
Footnotes (1)
- Ms. Linear sold common shares in connection with tax and estate planning activities. 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.
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.
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.