Lumen Technologies, Inc.·4

Feb 20, 7:09 PM ET

Linear Diankha 4

Research Summary

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Lumen (LUMN) Director Linear Diankha Sells 45,000 Shares

What Happened Linear Diankha, a director of Lumen Technologies, sold 45,000 common shares in open-market transactions on February 20, 2026. The filing reports a weighted-average price of $7.89 per share for total proceeds of approximately $355,050. The sale is reported with transaction code “S” (sale).

Key Details

  • Transaction date: 2026-02-20 (reported same day)
  • Shares sold: 45,000; reported weighted-average price: $7.89; total reported proceeds: ~$355,050
  • Reported price range: $7.89 – $7.91 (F2 notes weighted average; breakdown by price available on request)
  • Footnote F1: Sale was made in connection with tax and estate planning activities
  • Filing timeliness: Period of report and filing date are both 2026-02-20 (appears timely)
  • Shares owned after transaction: Not specified in the provided summary

Context This was an outright sale (not an option exercise or a grant). Per the footnote, the sale relates to tax and estate planning, which are routine reasons for insiders to sell and do not necessarily indicate a change in the insider’s view of the company.