Kathleen E. Johnson - 01 Mar 2026 Form 4 Insider Report for Lumen Technologies, Inc. (LUMN)

Role: President & CEO, Director
Signature: /s/ Meredith Hayes, as Attorney-in-Fact for Kathleen Elizabeth Johnson
Issuer symbol: LUMN
Transactions as of: 01 Mar 2026
Net transactions value: -$12,197,710
Form type: 4
Filing time: 03 Mar 2026, 16:53:51 UTC
Previous filing: 05 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Johnson Kathleen E	President & CEO, Director	100 CENTURYLINK DRIVE, MONROE	/s/ Meredith Hayes, as Attorney-in-Fact for Kathleen Elizabeth Johnson	03 Mar 2026	0001831269

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUMN	Common Stock	Award	$0	+2,156,680	+25%	$0.000000	10,719,262	01 Mar 2026	Direct	F1
transaction	LUMN	Common Stock	Tax liability	$12,197,710	-1,715,571	-16%	$7.11	9,003,691	01 Mar 2026	Direct	F2
transaction	LUMN	Common Stock	Disposed to Issuer	$0	-252,702	-2.8%	$0.000000	8,750,989	01 Mar 2026	Direct	F3
holding	LUMN	Common Stock						3,364,677	01 Mar 2026	By Spousal Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock (40% time-based and 60% performance-based). The time-based portion will vest in three equal annual installments beginning on March 1, 2027. Vesting of the performance-based portion is dependent upon the extent to which two three-year performance metrics are achieved, with any earned shares vesting on March 1, 2029.
F2	Shares withheld to cover the taxes due upon the vesting of equity awards.
F3	Represents performance-based restricted shares or RSUs granted on May 18, 2023, which reflects the net amount after a portion were forfeited on March 1, 2026, for failing to achieve the three-year performance metrics and a portion were determined to exceed the applicable performance target.