Lumen Technologies (LUMN) CEO Johnson gifted 131,668 shares
Insider transactions reported
Kathleen E Johnson (President & CEO at Lumen Technologies Inc., LUMN) reported that they gifted 131,668 shares on Nov 12, 2024. After these transactions the filing shows 6,889,251 shares held directly and 2,278,362 shares held indirectly (By Spousal Trust).
- Reporting person
- Johnson Kathleen E
- Role
- President & CEO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 12, 2024 | Gift (G) | Common Stock1 | -65,834 | - | - | 6,889,251 direct |
| Nov 12, 2024 | Gift (G) | Common Stock1, 2 | +65,834 | - | - | 2,278,362 indirect |
Holdings before and after
- Common Stock: 6,955,085 to 6,889,251 direct
- Common Stock: 2,212,528 to 2,278,362 indirect, By Spousal Trust
Footnotes from the filing
- 1. Represents the reporting person's transfer of 65,834 shares of the Issuer's common stock for estate planning purposes to an irrevocable trust for the benefit of her spouse and children.
- 2. The reporting person disclaims ownership of the shares held in this trust, except to the extent of her beneficial ownership therein.
Transaction codes in this filing
- Gift:
- Code G marks a bona fide gift. No money changes hands.
FAQ
What did Johnson report in this LUMN Form 4?
Kathleen E Johnson (President & CEO at Lumen Technologies Inc., LUMN) reported that they gifted 131,668 shares on Nov 12, 2024. After these transactions the filing shows 6,889,251 shares held directly and 2,278,362 shares held indirectly (By Spousal Trust).
How many LUMN shares does Johnson hold after this filing?
The filing shows 6,889,251 shares held directly, 2,278,362 shares held indirectly (By Spousal Trust) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code G mean on an SEC Form 4?
Code G marks a bona fide gift. No money changes hands.
Historical context for LUMN
Earlier insider filings at LUMN
- Nov 12, 2024President & CEO Johnson Kathleen E covered exercise/tax liability with 51,205 shares, decreasing direct ownership by 0.73% to 6,955,085 units (SEC Form 4)
- Oct 30, 2024Director Capossela Christopher C was granted 15,608 shares (SEC Form 4)
- Sep 5, 2024SVP and Controller Genschaw Andrea covered exercise/tax liability with 25,158 shares and returned 8,609 shares to the company, decreasing direct ownership by 7% to 432,643 units (SEC Form 4)
- Sep 3, 2024Director Fowler James bought $46,990 worth of shares (10,000 units at $4.70), increasing direct ownership by 3% to 384,056 units (SEC Form 4)
- Jun 11, 2024Chief Legal Officer Ho Chadwick was granted 854,701 shares (SEC Form 4)
- Market cap
- 30-day
- Sector
- Telecommunications
- Industry
- Telecommunications Equipment
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