Director Neil A. Cummins receives stock grant at Lument Finance (LFT)

Rhea-AI Filing Summary

Cummins Neil A. reported acquisition or exercise transactions in this Form 4 filing.

Lument Finance Trust director Neil A. Cummins received a stock grant as compensation. He was awarded 10,528 shares of common stock as director fees paid in stock at $1.306 per share. After this grant, he directly holds 115,479 shares of Lument Finance Trust common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cummins Neil A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,528	$1.306	$14K

Holdings After Transaction: Common Stock — 115,479 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 10,528 shares Grant price: $1.306 per share Shares held after grant: 115,479 shares

3 metrics

Shares granted 10,528 shares Director stock grant classified as compensation

Grant price $1.306 per share Value used for director fee stock payment

Shares held after grant 115,479 shares Total direct holdings after the reported transaction

Key Terms

director fees paid in stock, Grant, award, or other acquisition, Common Stock

3 terms

director fees paid in stock financial

"Director fees paid in stock"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cummins Neil A.

(Last) (First) (Middle)

C/O LUMENT FINANCE TRUST, INC.

230 PARK AVENUE, 20H FLOOR

(Street)

NEW YORK NEW YORK 10169

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lument Finance Trust, Inc. [ LFT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/30/2026		A		10,528	A(1)	$1.306	115,479	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Director fees paid in stock

	/s/ Michele Halickman, Attorney-in-Fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Lument Finance Trust (LFT) director Neil A. Cummins report on this Form 4?

Neil A. Cummins reported receiving a grant of 10,528 shares of Lument Finance Trust common stock. The filing states this was director fees paid in stock, reflecting compensation rather than an open-market purchase or sale.

How many Lument Finance Trust (LFT) shares were granted to Neil A. Cummins?

Neil A. Cummins was granted 10,528 shares of Lument Finance Trust common stock. These shares were issued as director fees paid in stock, according to the footnote in the Form 4 filing submitted to regulators.

At what price were the Lument Finance Trust (LFT) shares recorded in the grant?

The 10,528 shares granted to Neil A. Cummins were recorded at $1.306 per share. This price reflects the value used for the stock-based director fees disclosed in the Form 4 insider transaction report.

How many Lument Finance Trust (LFT) shares does Neil A. Cummins hold after this transaction?

Following the stock grant, Neil A. Cummins directly holds 115,479 shares of Lument Finance Trust common stock. This total includes the 10,528 shares received as director fees paid in stock on the reported transaction date.

Was this Lument Finance Trust (LFT) Form 4 a market buy or sell by the director?

The Form 4 shows a grant classified as an acquisition, not an open-market trade. The footnote specifies the 10,528 shares were director fees paid in stock, indicating routine equity compensation rather than a discretionary purchase or sale.