Lumen director granted 25,197 RSUs in stock award
Allen Quincy L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Allen Quincy L reported acquisition or exercise transactions in this Form 4 filing.
Lumen Technologies director Allen Quincy L reported an equity award of company stock. On May 21, 2026, he received a grant of 25,197 restricted stock units tied to Lumen common stock, valued at $9.44 per share for reporting purposes.
These restricted stock units will vest on May 21, 2027. According to his deferral election, the vested award will be paid out later in shares of common stock. After this grant, his direct ownership stands at 352,764 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,197 | $9.44 | $238K |
Footnotes (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
Key Terms
restricted stock units financial
Common Stock financial
deferral election financial
Form 4 regulatory
FAQ
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What insider transaction did Lumen Technologies (LUMN) report for Allen Quincy L?
Was the Lumen (LUMN) insider transaction a market purchase or a stock award?
When do the granted restricted stock units for Lumen (LUMN) vest?
What does the deferral election mean in the Lumen (LUMN) insider award?
AI-generated analysis. How Rhea-AI works. Not financial advice.