Form 4: Lumen Technologies Director Allen Quincy L Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4


Director Allen Quincy L reports acquiring and disposing of Lumen Technologies (LUMN) common stock on May 14, 2025, including a grant of restricted stock units.

Summary

  • On May 14, 2025, Director Allen Quincy L reported transactions involving Lumen Technologies (LUMN) common stock.
  • The transactions included the acquisition of 51,394 shares of common stock at $0 and the disposal of 327,567 shares.
  • Following these transactions, Allen Quincy L beneficially owns 327,567 shares of Lumen Technologies.
  • The report also mentions a grant of restricted stock units that will vest on May 14, 2026, and be paid out in shares of common stock at a later date according to the Reporting Person's deferral election.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Future Outlook

The restricted stock units will vest on May 14, 2026, and be paid out in shares of common stock at a later date according to the Reporting Person's deferral election.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Key Dates

DateDescription
19 February 2025Date of EX-24 lumnsection16powerofatto exhibit
05/14/2025Date of transaction: acquisition and disposal of common stock
05/14/2026Vesting date of restricted stock units
05/16/2025Date of signature for the report

Keywords

Lumen Technologies, LUMN, Allen Quincy L, Director, Form 4, Beneficial Ownership, Restricted Stock Units, Securities Exchange Act

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