STOCK TITAN

Lument Finance Trust (NYSE: LFT) confirms board, pay and declares Q2 dividends

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Lument Finance Trust, Inc. held its annual stockholder meeting on June 10, 2026 and confirmed its current board, executive pay program and auditor. Six directors were re-elected, an advisory vote approved compensation for named executives, and KPMG LLP was ratified as independent auditor for 2026.

The company also declared a quarterly cash dividend of $0.04 per share on its common stock for the second quarter of 2026, payable July 15, 2026 to stockholders of record on June 30, 2026. In addition, it declared a cash dividend of $0.4921875 per share on its 7.875% Series A Cumulative Redeemable Preferred Stock, payable July 15, 2026 to preferred stockholders of record on July 1, 2026.

Positive

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Negative

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Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Common stock dividend $0.04 per share Q2 2026 dividend, payable July 15, 2026
Preferred stock dividend $0.4921875 per share 7.875% Series A, payable July 15, 2026
Common dividend record date June 30, 2026 Record date for Q2 2026 common dividend
Preferred dividend record date July 1, 2026 Record date for Series A preferred dividend
Say-on-pay votes for 30,819,599 shares Advisory approval of executive compensation
Auditor ratification votes for 42,151,558 shares KPMG LLP ratified for fiscal year 2026
Director support example 33,309,017 shares for Votes for director James P. Flynn
Broker non-votes on director items 8,856,686 shares Broker non-votes reported for each director election
broker non-votes financial
"Shares For | Shares Withheld | Broker Non-Votes James P. Flynn ... 8,856,686"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
7.875% Cumulative Redeemable Series A Preferred Stock financial
"LFT also announced a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock"
independent registered public accounting firm financial
"ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
forward-looking statements regulatory
"Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Lument Finance Trust (LFT) stockholders approve at the 2026 annual meeting?

Stockholders re-elected six directors, approved executive compensation on an advisory basis, and ratified KPMG LLP as independent auditor for 2026. These votes keep LFT’s existing leadership, pay practices, and audit relationship in place for the coming fiscal year.

What quarterly dividend did Lument Finance Trust (LFT) declare on its common stock?

LFT declared a quarterly cash dividend of $0.04 per share on its common stock for the second quarter of 2026. The dividend will be paid on July 15, 2026 to stockholders of record as of the close of business on June 30, 2026.

What dividend did Lument Finance Trust (LFT) announce for its Series A preferred stock?

The company declared a cash dividend of $0.4921875 per share on its 7.875% Cumulative Redeemable Series A Preferred Stock. This preferred dividend is payable on July 15, 2026 to stockholders of record as of the close of business on July 1, 2026.

How did Lument Finance Trust (LFT) stockholders vote on executive compensation?

Stockholders approved the compensation of LFT’s named executive officers in an advisory vote. The proposal received 30,819,599 shares voted for, 3,781,895 against, and 319,335 abstentions, with 8,856,686 broker non-votes recorded on the compensation resolution.

What were the voting results for Lument Finance Trust (LFT) auditor ratification?

Stockholders ratified KPMG LLP as LFT’s independent registered public accounting firm for the year ending December 31, 2026. The ratification received 42,151,558 shares voted for, 1,302,421 against, and 323,536 abstentions, with no broker non-votes reported on this item.

Who manages Lument Finance Trust (LFT) and what does the company invest in?

LFT is externally managed and advised by Lument Investment Management, LLC. The company focuses on investing in, financing and managing commercial real estate debt, primarily transitional floating rate commercial mortgage loans with an emphasis on middle-market multifamily properties.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 10, 2026

 

LUMENT FINANCE TRUST, INC.

(Exact name of registrant as specified in its charter)

 

Maryland   001-35845   45-4966519
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer Identification No.)

 

230 Park Avenue, 20th Floor

New YorkNew York 10169

(Address of principal executive offices)

 

(212317-5700

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Common Stock, $0.01 par value per share   LFT   New York Stock Exchange
7.875% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share   LFTPrA   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

The annual meeting of stockholders (the “Annual Meeting”) of Lument Finance Trust, Inc. (the “Company” or “LFT”) was held on June 10, 2026. At the Annual Meeting, LFT stockholders voted to (i) re-elect James P. Flynn, James C. Hunt, Neil A. Cummins, William A. Houlihan, Walter C. Keenan and Marie D. Reynolds to the Board of Directors to serve until the next annual meeting of stockholders or until their respective successors are duly elected, (ii) approve, on an advisory basis, the compensation of the named executive officers of LFT, as described in the proxy statement for the Annual Meeting and (iii) ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2026.  The voting results with respect to each of these matters are set forth below:

 

1.The voting results for each of the nominees for director were as follows:

 

Nominee  Shares For  Shares Withheld  Broker Non-Votes
James P. Flynn  33,309,017  1,611,812  8,856,686
James C. Hunt  33,257,918  1,662,911  8,856,686
Neil A. Cummins  30,701,317  4,219,512  8,856,686
William A. Houlihan  31,498,256  3,422,573  8,856,686
Walter C. Keenan  31,469,825  3,451,004  8,856,686
Marie D. Reynolds  33,297,004  1,623,825  8,856,686

 

2.The voting results of the proposal to approve, on an advisory basis, the compensation of the named executive officers of LFT, as described in the proxy statement for the Annual Meeting, were as follows:

 

Shares For  Shares Against  Abstentions  Broker Non-Votes
30,819,599  3,781,895  319,335  8,856,686

 

3.The voting results of the proposal to ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2026, were as follows:

 

Shares For  Shares Against  Abstentions  Broker Non-Votes
42,151,558  1,302,421  323,536  N/A

 

Item 7.01 Regulation FD Disclosure.

 

On June 10, 2026, the Company issued a press release announcing the declaration of a cash dividend of $0.04 per share of common stock, as further described in the dividend press release. LFT also announced a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock, as further described in the dividend press release. A copy of the dividend press release is furnished herewith as Exhibit 99.1 to this Form 8-K.

 

The information disclosed under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

 

 

 

Item 9.01 Exhibits.

 

(d)       Exhibits.

 

99.1Press Release of Lument Finance Trust, Inc., dated June 10, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).

  

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LUMENT Finance Trust, Inc.
     
Date: June 12, 2026 By: /s/ James A. Briggs
    James A. Briggs
    Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

Lument Finance Trust, Inc. Declares Quarterly Cash Dividends for its Common and Preferred Stock

 

New York, NY, June 10, 2026/PRNewswire – Lument Finance Trust, Inc. (NYSE: LFT) (“LFT” or the “Company”) announced the declaration of a cash dividend of $0.04 per share of common stock with respect to the second quarter of 2026. The dividend is payable on July 15, 2026, to common stockholders of record as of the close of business on June 30, 2026.

 

The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on July 15, 2026, to preferred stockholders of record as of the close of business July 1, 2026.

 

About LFT

 

LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management, LLC, a Delaware limited liability company.

 

Additional Information and Where to Find It

 

Investors, security holders and other interested persons may find additional information regarding the Company at the SEC’s Internet site at http://www.sec.gov/, the Company website www.lumentfinancetrust.com, or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations.

 

Forward Looking Statements


Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should consider carefully the factors described in Part I, Item IA "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, which is available on the SEC’s website at www.sec.gov, and in the Company’s other current or periodic filings with the SEC, when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Investor Relations Contact:

James Briggs

Chief Financial Officer

(212) 521-6323

james.briggs@lument.com

 

Media Contact:

Tyler Howard

Associate Director

(513) 403-1911

tyler.howard@lument.com

 

 

 

Filing Exhibits & Attachments

5 documents