---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-149305"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T20:06:27.290564+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Lumen shareholders approve 2M share increase to 2018 Equity Plan; Board adopts bylaws updates

## Summary
- Shareholders approved Second Amended 2018 Equity Plan, increasing share reserve to 77.6M shares (+2M).
- Plan removes annual limit on maximum shares in any award to an individual.
- Board adopted Restated Bylaws updating director nomination procedures to comply with Rule 14a-19.
- All 10 director nominees elected; KPMG ratified as auditor; say-on-pay passed; annual frequency vote approved.
- Board will hold annual executive compensation vote until at least 2029.

## SEC filing metadata
- accession: 0001193125-23-149305
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000119312523149305/0001193125-23-149305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000119312523149305/d507073d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-149305
- JSON: https://secwatch.observer/filing/0001193125-23-149305.json
- Plain text: https://secwatch.observer/filing/0001193125-23-149305.txt

## Key facts
- Governance Changes
  Lumen Technologies, Inc.: Amended and restated bylaws effective immediately, including updates to director nomination procedural requirements and disclosure provisions, along with ministerial changes (effective 2023-05-17).
  - Change: bylaw amendment
  - Effective: 2023-05-17
  source text: On May 17, 2023, the Board of Directors of the Company approved and adopted an amendment and restatement of the Company’s Amended and Restated By-Laws (as amended and restated, the “Restated Bylaws”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000119312523149305/0001193125-23-149305-index.htm
- Shareholder Votes
  Lumen Technologies, Inc. shareholders approved Approval of Second Amended and Restated 2018 Equity Incentive Plan at the 2023-05-17 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: the Company’s shareholders approved the Second Amended and Restated 2018 Equity Incentive Plan
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000119312523149305/0001193125-23-149305-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.