Lumen (LUMN) CEO Kathleen Johnson Buys 100,000 Shares

What Happened
Kathleen E. Johnson, CEO of Lumen Technologies (LUMN), made an open-market purchase of 100,000 shares on August 6, 2026. The weighted-average price was $6.13 per share (range $6.065–$6.175), for a total cost of approximately $612,680. This was a straight purchase (transaction code P), not a sale or option exercise.

Key Details

• Transaction date: 2026-08-06 (filed same day).
• Transaction type: Open-market purchase (P).
• Shares purchased: 100,000; weighted-average price $6.13; price range $6.065–$6.175; total ≈ $612,680. (Reporting person can provide breakdown of shares bought at each price upon request.)
• Shares held: The shares are held by the Revocable Trust of Todd and Kathleen Johnson (Reporting Person is a trustee). The filing notes a prior transfer of 1,000,000 shares on May 15, 2026 to the Kathleen E Johnson May 2026 2-Year GRAT (trustee: Reporting Person). The Form 4 provided here does not specify a post-transaction total holding amount.
• Timeliness: Reported on the same date as the transaction (no delinquency indicated).

Context
Open-market purchases by executives are often viewed as a more informative signal than routine sales because they reflect direct buying of company stock. This filing documents a purchase only; it does not indicate grants, option exercises, gifts, or tax-withholding events. As always, retail investors should consider insider trades alongside company fundamentals and other disclosures rather than treating any single trade as definitive guidance.