Form 4: Lumen Technologies EVP and CFO Christopher Stansbury Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher Stansbury, EVP and CFO of Lumen Technologies, reports changes in beneficial ownership of company stock due to shares withheld for taxes upon vesting of equity awards.
Summary
- On April 4, 2025, Christopher Stansbury, the EVP and CFO of Lumen Technologies, reported changes in his beneficial ownership of Lumen Technologies stock.
- The changes are due to the withholding of 32,896 shares of common stock to cover taxes due upon the vesting of equity awards at a price of $3.27 per share.
- Following the transaction, Stansbury directly owns 5,210,218 shares of Lumen Technologies common stock.
- Stansbury also indirectly owns 500,000 shares of Lumen Technologies common stock through a trust held by his spouse.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested equity awards, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: shares withheld for taxes upon vesting of equity awards. |
| 04/08/2025 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Lumen Technologies, Christopher Stansbury, Form 4, equity awards, stock, LUMN
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