Kathleen E. Johnson, Chief Executive Officer at Lumen Technologies, Inc. (LUMN), bought 100,000 shares at $6.13 ($613K) on 2026-08-06, disclosed to the SEC on 2026-08-06.
Lumen Technologies CEO Kathleen E. Johnson purchased 100,000 shares for $612,680 on August 6, 2026, marking the largest insider purchase in the company's history. This move is significant given the stock's recent underperformance and the CEO's direct financial commitment to the company's recovery.
Lumen shares have dropped 10.27% over the past five days and 30.44% over the last 90 days, trading at $5.895, which is 50.67% below the 52-week high of $11.95.
1) Q2 Earnings Call on August 13, 2026: Management highlighted robust growth in Network-as-a-Service (NaaS) adoption and the initial integration of Alkira. 2) Board Appointment on August 13, 2026: John M. Hinshaw joined the Board, bringing experience leading global operations and transformation initiatives at HSBC. 3) Largest Ever Insider Purchase: The signal_flags indicate this is the largest insider purchase in the company's history, signaling strong conviction from the CEO.
1) Short Interest: The stock has a short interest of 7.17% of the float, indicating significant bearish sentiment. 2) Recent Earnings Miss: The company reported a sharper-than-expected decline in sales, despite delivering revenue and non-GAAP earnings above Wall Street expectations, as noted in the August 13, 2026, news report.
Clearly above the average filing.
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| LUMN | BUY | 2024-05-03 | $960K | — | Filing → |
| LUMN | BUY | 2023-11-03 | $970K | — | Filing → |