LUMN

#1121
Lumen Technologies, Inc. Common Stock
6.7 6 USD
-0.02%
Market Price
Settore: Servizi di Comunicazione
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
6.74
6.88
Intervallo Annuale
4.57
11.95
Variazione giornaliera
-2.03%
Variazione Mensile
+11.55%
Variazione di 6 mesi
+2.11%
Variazione Annuale
+44.44%
Chiusura Precedente
6.9 0
Open
6.8 4
Minimo
6.7 4
Massimo
6.8 8
Volume
2 190
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Dividendi Documents

2026

Current report, Q3 FY2026
Lumen Technologies, Inc. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Lumen Technologies, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Lumen Technologies, Inc. current report, Q2 FY2026
8-K

Lumen Technologies, Inc. current report, Q3 FY2022

Full document

Business Context and Reporting Period

This Form 8-K Current Report, dated September 12, 2022, pertains to Lumen Technologies, Inc. (LUMN), Qwest Corporation, and Level 3 Parent, LLC. The filing announces a significant leadership transition within the Company's executive management and Board of Directors.

Key Financial Metrics

The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The document focuses exclusively on executive compensation and personnel changes.

Material Changes

The primary material change is the appointment of Kate Johnson as President and Chief Executive Officer, effective November 7, 2022. She succeeds Jeffrey K. Storey, who will retire from all positions following a transition period ending December 31, 2022.

Guidance, Outlook, and Management Commentary

The filing contains no financial guidance or operational outlook. It includes standard forward-looking statement disclaimers regarding the risks and uncertainties associated with the transition planning and the completion of the described arrangements.

Executive Compensation Details

  • Kate Johnson (Incoming CEO):
    • Annual Base Salary: $1,200,000.
    • Target Annual Short-Term Incentive: $2,400,000 (pro-rated for 2022).
    • Target Annual Long-Term Incentive: $14,250,000 (pro-rated initial award).
    • Sign-on Cash Bonus: $1,000,000 (subject to two-year clawback).
    • Sign-on Equity Award: $1,000,000 in time-based restricted stock (vests in one year, subject to one-year clawback post-vesting).
    • Pro-rated 2022 Long-Term Incentive: $2,375,000 in time-based restricted stock (vests over three years).
  • Jeffrey K. Storey (Outgoing CEO):
    • Role: Senior Advisor to the Board and CEO during the transition period (Nov 7, 2022 – Dec 31, 2022).
    • Compensation: Continues at current rate during the transition period.
    • Retirement Benefits: Includes a retirement gift of artwork appraised at $20,000 and an extension of COBRA benefits for 11 months beyond the plan maximum.

Investor Verification Checklist

  • Verify the effective date of Kate Johnson's appointment (November 7, 2022) and the end of Jeffrey K. Storey's transition period (December 31, 2022).
  • Review the specific terms of the "clawback" features attached to Ms. Johnson's sign-on bonus and equity awards.
  • Confirm the details of the change of control agreement intended to be filed with the 2022 Form 10-K.
  • Examine the Offer Letter (Exhibit 10.1) for full details on benefits and conditions not fully summarized in the text.

Notizie