Capossela Christopher C 4

What Happened

• Christopher C. Capossela, a director of Lumen Technologies (LUMN), was granted 25,197 restricted shares on May 21, 2026. The award is reported at $9.44 per share, for a total value of $237,860. This transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-21 at $9.44/share.
• Total shares granted: 25,197; total reported value: $237,860.
• Vesting: The grant will vest on May 21, 2027 (footnote in filing).
• Shares owned after the transaction: not specified in the provided filing.
• Filing date: May 26, 2026 — filed five days after the transaction (later than the standard 2-business-day Form 4 window).

Context

• This was a restricted stock award (compensation), which typically vests after a specified period or on meeting conditions; it is not an immediate open-market purchase or sale. Such grants are common for directors as part of board compensation. The late filing reduces the immediacy of public disclosure but does not change the nature of the grant.