Johnson Kathleen E 4

What Happened

• Kathleen E. Johnson, Chief Executive Officer of Lumen Technologies (LUMN), reported a gift transfer of 241,450 shares on May 7, 2026. The Form 4 shows two matching entries: a disposition (G) and an acquisition (G) of 241,450 shares at $0.00 per share (total value $0), reflecting a transfer into an irrevocable trust for the benefit of her spouse and children.
• The filing was made on May 11, 2026 (covering the May 7 transaction), which is within the standard two business‑day window for Form 4 reporting.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11.
• Transaction code: G (Gift). Price per share: $0.00; shares transferred: 241,450; cash received: $0.
• Footnote F1: Transfer was for estate planning to an irrevocable trust for the benefit of her spouse and children.
• Footnote F2: The reporting person disclaims ownership of the shares held in the trust, except to the extent of her beneficial interest.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• Gifts are transfers for estate or family planning and do not represent a typical buy/sell decision or direct signal of the insider’s view on the stock. The filing notes Johnson disclaims ownership of the trust-held shares except for any beneficial interest.