Form 4: Stansbury Christopher reports purchase transactions in LUMN

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Stansbury Christopher reported open-market purchase transactions in a Form 4 filing for LUMN. The filing lists transactions totaling 82,000 shares at a weighted average price of $4.36 per share. Following the reported transactions, holdings were 535,000 shares.

Insider Trade Summary

Net Buyer: 82,000 shares ($357,753)

Net Buy 7 txns

Insider Stansbury Christopher

Role EVP and CFO

Bought 82,000 shs ($358K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	17,000	$4.4387	$75K
Purchase	Common Stock	11,500	$4.4387	$51K
Purchase	Common Stock	11,500	$4.4387	$51K
Purchase	Common Stock	18,000	$4.2906	$77K
Purchase	Common Stock	12,000	$4.2906	$51K
Purchase	Common Stock	12,000	$4.2906	$51K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 535,000 shares (Indirect, By spouse as trustee of ARS Trust); Common Stock — 5,210,218 shares (Direct)

Footnotes (1)

The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $4.205 to $4.33 per share. The reporting person has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares acquired at each price within that range. The ARS Trust, a revocable trust for the benefit of the reporting person's spouse, was previously described as the AMR Trust on the reporting person's Forms 4. The RJR Trust is an irrevocable trust for the benefit of the reporting person's child. The SSR DSNT is an irrevocable trust for the benefit of the reporting person's child. The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $4.38 to $4.53 per share. The reporting person has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares acquired at each price within that range.

Form 4 Insider Transactions: What Each Field Means →

08/15/2025 - 06:14 PM

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^*

Stansbury Christopher

(Last)

(First)

(Middle)

100 CENTURYLINK DRIVE

(Street)

MONROE

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/14/2025		P		18,000	A	$4.2906⁽¹⁾	518,000	I	By spouse as trustee of ARS Trust⁽²⁾
Common Stock	08/14/2025		P		12,000	A	$4.2906⁽¹⁾	12,000	I	By spouse as trustee of RJR Trust⁽³⁾
Common Stock	08/14/2025		P		12,000	A	$4.2906⁽¹⁾	12,000	I	SRR DSNT⁽⁴⁾
Common Stock	08/15/2025		P		17,000	A	$4.4387⁽⁵⁾	535,000	I	By spouse as trustee of ARS Trust⁽²⁾
Common Stock	08/15/2025		P		11,500	A	$4.4387⁽⁵⁾	23,500	I	By spouse as trustee of RJR Trust⁽³⁾
Common Stock	08/15/2025		P		11,500	A	$4.4387⁽⁵⁾	23,500	I	SRR DSNT⁽⁴⁾
Common Stock								5,210,218	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $4.205 to $4.33 per share. The reporting person has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares acquired at each price within that range.

2. The ARS Trust, a revocable trust for the benefit of the reporting person's spouse, was previously described as the AMR Trust on the reporting person's Forms 4.

3. The RJR Trust is an irrevocable trust for the benefit of the reporting person's child.

4. The SSR DSNT is an irrevocable trust for the benefit of the reporting person's child.

5. The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $4.38 to $4.53 per share. The reporting person has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares acquired at each price within that range.

Remarks:

	/s/ Kathryn Murray, as Attorney-in-Fact for Christopher D. Stansbury	08/15/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Lumen (LUMN) EVP and CFO Christopher D. Stansbury report in this Form 4?

He reported indirect open-market purchases of Lumen common stock on August 14 and 15, 2025. The transactions were made through family-related trusts, increasing his reported beneficial ownership alongside an existing direct holding of 5,210,218 shares.

How many Lumen (LUMN) shares were bought on August 14, 2025 and at what price?

On August 14, 2025, three trust accounts bought 18,000, 12,000, and 12,000 Lumen shares. The weighted average price was $4.2906 per share, with actual trade prices ranging between $4.205 and $4.33, as noted in the filing’s footnote.

What Lumen (LUMN) insider purchases occurred on August 15, 2025?

On August 15, 2025, trusts associated with Christopher D. Stansbury acquired 17,000, 11,500, and 11,500 Lumen shares. The weighted average purchase price was $4.4387 per share, with individual trades executed between $4.38 and $4.53 per share.

Through which entities does Christopher D. Stansbury indirectly own Lumen (LUMN) shares?

He indirectly owns Lumen shares through the ARS Trust, a revocable trust for his spouse, and the RJR Trust and SRR DSNT, both irrevocable trusts for the benefit of his child, as described in the filing’s explanatory footnotes.

What is Christopher D. Stansbury’s direct Lumen (LUMN) shareholding after these transactions?

After the reported transactions, Christopher D. Stansbury is shown as directly holding 5,210,218 shares of Lumen common stock. This figure reflects his direct beneficial ownership, separate from the shares held through the family-related trusts.

How are the purchase prices for the Lumen (LUMN) insider transactions described?

Each transaction’s price is reported as a weighted average. For August 14 trades, prices ranged from $4.205 to $4.33 per share, and for August 15 trades they ranged from $4.38 to $4.53, with details available on request from the company.