Lument Finance director granted 20,411 shares

Lument Finance Trust, Inc. (LFT) reported that a director, identified as the reporting person, received a grant of 20,411 shares of Common Stock on 2026-08-24 as director fees paid in stock.

Rhea-AI Filing Summary

Lument Finance Trust, Inc. (LFT) reported that a director, identified as the reporting person, received a grant of 20,411 shares of Common Stock on 2026-08-24 as director fees paid in stock. The shares were acquired at a reported value of $0.6737 per share, bringing this director’s direct holdings to 148,112 shares of LFT Common Stock after the transaction.

Insider Trade Summary

Grant/Award: 20,411 shares

Grant/Award 1 txn

Insider Cummins Neil A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	20,411	$0.6737	$14K

Holdings After Transaction: Common Stock — 148,112 shares (Direct)

Footnotes (1)

1. F1. Director fees paid in stock.

Key Figures

Shares granted: 20,411 shares of Common Stock Grant value per share: $0.6737 per share Shares owned after transaction: 148,112 shares

3 metrics

Shares granted 20,411 shares of Common Stock Grant, award, or other acquisition on 2026-08-24 as director fees paid in stock

Grant value per share $0.6737 per share Reported value for the 20,411-share director fee stock grant

Shares owned after transaction 148,112 shares Total direct holdings of LFT Common Stock by the reporting director after the grant

Key Terms

director fees, Common Stock, Grant, award, or other acquisition, Rule 10b5-1

4 terms

director fees financial

"Director fees paid in stock."

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Rule 10b5-1 regulatory

"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did LFT report for director Neil A. Cummins?

LFT reported that director Neil A. Cummins received a grant of 20,411 shares of Common Stock on 2026-08-24 as director fees paid in stock, at a reported value of $0.6737 per share.

How many LFT shares does Neil A. Cummins hold after this Form 4 transaction?

After the reported grant, Neil A. Cummins holds 148,112 shares of LFT Common Stock directly, according to the Form 4.

Was the LFT Form 4 transaction a purchase or a stock grant?

The Form 4 for LFT shows a stock grant, coded “A” for grant, award, or other acquisition, representing director fees paid in LFT Common Stock rather than a market purchase.

What was the implied value of the LFT stock granted to Neil A. Cummins?

The 20,411 LFT shares granted to Neil A. Cummins were valued at $0.6737 per share, representing director fees paid in stock as disclosed in the Form 4 footnote.

Is the LFT director’s stock grant reported under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, so this stock grant of 20,411 LFT shares is not reported as being made pursuant to a Rule 10b5-1 trading plan.

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

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Available on EDGAR 08/25/2026 - 04:06 PM Accepted by SEC EDGAR 08/25/2026 - 04:05 PM Learn about SEC filing dates

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)
08/24/2026

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	08/24/2026		A		20,411	A(1)	$0.6737	148,112	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	08/25/2026
	** 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)