Director at Lumen (NYSE: LUMN) receives 25,197 restricted stock units award

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

1 transaction reported

Mixed 1 txn

Insider Allen Quincy L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	25,197	$9.44	$238K

Holdings After Transaction: Common Stock — 352,764 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 25,197 units Reference grant price: $9.44 per share Shares after transaction: 352,764 shares +1 more

4 metrics

RSUs granted 25,197 units Restricted stock units granted on May 21, 2026

Reference grant price $9.44 per share Reporting price for the RSU grant

Shares after transaction 352,764 shares Direct ownership following the grant

Vesting date May 21, 2027 RSUs vest before deferred share payout

Key Terms

restricted stock units, Common Stock, deferral election, Form 4

4 terms

restricted stock units financial

"This grant of restricted stock units will vest on May 21, 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.

Common Stock financial

"will be paid out in shares of Common Stock at a later date"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

deferral election financial

"at a later date according to the Reporting Person's deferral election"

Form 4 regulatory

"After this grant, his direct ownership stands as reported on Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Allen Quincy L

(Last) (First) (Middle)

100 CENTURYLINK DRIVE

(Street)

MONROE LOUISIANA 71203

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		A(1)		25,197	A	$9.44	352,764	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. 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.

Remarks:

	/s/ Cory Smith, as Attorney-in-Fact for Quincy Allen	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Lumen Technologies (LUMN) report for Allen Quincy L?

Lumen Technologies reported that director Allen Quincy L received 25,197 restricted stock units as an equity award. The grant relates to Lumen common stock and was reported at a reference price of $9.44 per share, increasing his direct holdings to 352,764 shares.

Was the Lumen (LUMN) insider transaction a market purchase or a stock award?

The Lumen Technologies transaction was a stock award, not an open-market purchase. Director Allen Quincy L received a grant coded as a grant or award acquisition, reflecting compensation in restricted stock units rather than buying shares in the market.

When do the granted restricted stock units for Lumen (LUMN) vest?

The 25,197 restricted stock units granted to Allen Quincy L will vest on May 21, 2027. Vesting is the date when the award becomes earned; the shares will then be paid out later according to his previously chosen deferral election terms.

How many Lumen (LUMN) shares does Allen Quincy L hold after this Form 4 filing?

After the reported equity award, Allen Quincy L directly holds 352,764 shares of Lumen common stock. This total reflects his position following the grant of 25,197 restricted stock units, as disclosed in the Form 4 insider transaction filing data.

What does the deferral election mean in the Lumen (LUMN) insider award?

The footnote explains that while the restricted stock units vest on May 21, 2027, the actual shares will be delivered later under Allen Quincy L’s deferral election. This means payout timing of the vested shares is postponed according to his chosen deferral schedule.