Lumen Technologies, Inc. 8-K

What Happened Lumen Technologies, Inc. (LUMN) filed an 8-K (Item 5.02) announcing that Ashley Haynes-Gaspar will leave her role as Executive Vice President, Chief Revenue Officer, and that Jeffery S. Sharritts will become the Company’s Executive Vice President, Chief Revenue Officer effective February 4, 2026. Ms. Haynes-Gaspar will provide transition services through March 6, 2026.

Key Details

• Effective date: Jeffery S. Sharritts named CRO effective February 4, 2026; Ashley Haynes-Gaspar’s transition services run through March 6, 2026.
• Separation/transition payments and benefits to Haynes-Gaspar include: salary through the Transition Date, a short-term incentive bonus for fiscal year 2025 (calculated on actual 2025 performance and paid at the normal time), and any other benefits under pre-existing plans (including the Lumen Executive Severance Plan).
• Equity treatment: accelerated vesting of certain time-based restricted shares and retention of certain performance-based restricted shares outstanding on the Transition Date, subject to continued satisfactory performance and a release of claims in favor of the company.

Why It Matters This is a leadership change in Lumen’s revenue function that aims to ensure continuity via a formal handoff and transitional pay/vesting arrangements. Investors should note the effective date of the new CRO (Feb 4, 2026), the short transition period to March 6, 2026, and the disclosed compensation and equity treatment for the departing CRO — items that address retention, potential near-term costs, and alignment tied to performance. The filing does not disclose additional financial impacts or broader strategy changes.