Summary by Moomoo AI
Kathleen E. Johnson, President & CEO of Lumen Technologies, executed a purchase of 750,000 shares of common stock on May 2, 2024. The transaction was carried out as an open market or private purchase at a price of $1.2798 per share. Following this acquisition, Johnson's direct holdings in the company increased to 7,756,290 shares. Additionally, it was reported that Johnson has an indirect beneficial ownership of 1,462,528 shares through a spousal trust. The total value of the shares acquired in the transaction is approximately $959,850. The transaction has been completed and the shares were acquired directly.