Lumen Technologies, Inc.·4

May 26, 4:51 PM ET

Bejar Martha Helena 4

Research Summary

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Lumen (LUMN) Director Martha Bejar Receives Award

What Happened

  • Martha Helena Bejar, a director of Lumen Technologies, received an award (grant) of 25,197 restricted stock units (RSUs) on May 21, 2026. The grant is reported at $9.44 per share for a total grant value of $237,860. This is a compensation award (code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed late relative to the 2-business-day Form 4 rule).
  • Security/amount: 25,197 RSUs at $9.44 per share; total reported value $237,860.
  • Grant type: Award/Grant (A) — restricted stock units that will vest on May 21, 2027.
  • Footnote: The RSUs will vest on 2027-05-21 but will be paid out in common stock at a later date according to the reporting person’s deferral election.
  • Shares owned after transaction: Not specified in the provided filing.

Context

  • This is a routine equity compensation award to a director and does not indicate an open-market purchase or sale. The award vests in one year and payout timing is subject to the director’s deferral election. The Form 4 was filed five days after the transaction date, which is later than the typical 2-business-day reporting requirement.

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