Lument director receives 12,222-share stock grant

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

Accepted by SEC EDGAR 05/27/2026 - 04:45 PM EDT

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Form Type

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.

Insider Trade Summary

Grant/Award: 12,222 shares

Grant/Award 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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Lument Finance Trust shares does Neil A. Cummins own after this grant?

After the reported grant, Neil A. Cummins directly owns 127,701 Lument Finance Trust common shares. This reflects the addition of 12,222 shares received as director fees paid in stock, as disclosed in the Form 4 insider filing data.

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.

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

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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

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)
05/26/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/26/2026		A		12,222	A⁽¹⁾	$1.125	127,701	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Director fees paid in stock

	/s/ Michele Halickman, Attorney-in-Fact	05/27/2026
	** 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)

Source: View Original Filing on SEC EDGAR