Lument Finance Trust (LFT) director granted 12,222 shares as stock fees
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 of 12,222 shares of Common Stock as director fees paid in stock at $1.125 per share. This award increased his direct ownership to 127,701 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,222 shares
Net Buy
1 txn
Insider
Cummins Neil A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,222 | $1.125 | $14K |
Holdings After Transaction:
Common Stock — 127,701 shares (Direct)
Footnotes (1)
- F1. Director fees paid in stock
Key Figures
Stock grant size: 12,222 shares
Grant value per share: $1.125 per share
Post-transaction holdings: 127,701 shares
+1 more
4 metrics
Stock grant size
12,222 shares
Common Stock award to director Neil A. Cummins
Grant value per share
$1.125 per share
Price associated with director stock grant
Post-transaction holdings
127,701 shares
Neil A. Cummins direct ownership after grant
Transaction date
2026-05-26
Date of Common Stock grant
Key Terms
Form 4, Common Stock, Grant, award, or other acquisition, director fees paid in stock
4 terms
Form 4 regulatory
"The Form 4 shows a stock grant, not a market purchase."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"12,222 shares of Common Stock as director fees paid in 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
"Code "A" indicates a grant or award acquisition, and the footnote specifies"
director fees paid in stock financial
"The shares were awarded as director fees paid in stock at $1.125 per share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LFT director Neil A. Cummins report?
Neil A. Cummins reported receiving a grant of 12,222 Lument Finance Trust common shares. The shares were awarded as director fees paid in stock at $1.125 per share, increasing his total direct holdings to 127,701 shares after the transaction.
Was the LFT Form 4 transaction a market purchase or a stock grant?
The Form 4 shows a stock grant, not a market purchase. Code "A" indicates a grant or award acquisition, and the footnote specifies the 12,222 shares were received as director fees paid in Lument Finance Trust stock at $1.125 per share.
What price is associated with the LFT director stock grant on the Form 4?
The 12,222-share grant to director Neil A. Cummins is associated with a value of $1.125 per Lument Finance Trust share. This figure comes from the transaction price per share disclosed in the Form 4 for the non-derivative Common Stock award.
Does the LFT Form 4 indicate any stock sales by Neil A. Cummins?
The Form 4 does not indicate any stock sales by Neil A. Cummins. It reports a single acquisition transaction coded "A" for a 12,222-share stock grant as director fees, with no sell transactions or dispositions included in the summarized data.