Welcome to our dedicated page for Lument Finance Trust SEC filings (Ticker: LFT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lument Finance Trust, Inc.'s SEC filings document the governance, capital structure and financing activity of a Maryland commercial real estate debt investor. Its records identify listed common stock and 7.875% Series A Cumulative Redeemable Preferred Stock, and include definitive proxy materials covering annual meeting procedures, director elections, shareholder voting matters and board oversight.
Recent 8-K filings report quarterly and annual results, supplemental financial information, dividend disclosures, material definitive agreements and portfolio-financing transactions. The filing record includes disclosures on commercial real estate collateralized loan obligations, repurchase financing for commercial mortgage loan debt, credit and guaranty agreement amendments, subsidiary-level arrangements and transactions involving affiliates of the company's external manager.
Lument Finance Trust reported a small net loss attributable to common stockholders of $0.98 million for the three months ended March 31, 2026, or $(0.02) per share, compared with a loss of $1.71 million or $(0.03) per share a year earlier. Net interest income declined to $5.7 million as interest expense rose and commercial mortgage loan interest income softened. The company recorded a $0.7 million net release of credit loss reserves but also recognized $1.4 million of real estate impairment and $1.2 million of loss on extinguishment of debt. The loan portfolio totaled $1.13 billion of senior secured, 100% floating-rate commercial mortgages, primarily multifamily, with an allowance for credit losses of $19.5 million. Several loans remain in default and on non‑accrual, and one Colorado Springs multifamily loan was foreclosed and moved into real estate owned. Securitized debt fell to $580.3 million following CLO redemptions, while secured financing agreements increased to $348.7 million, and the fixed-rate secured term loan was amended and expanded to $50 million maturing in 2030. The quarterly common dividend was $0.04 per share, down from $0.08 a year earlier.
Lument Finance Trust, Inc. is holding its 2026 annual stockholders meeting on June 10, 2026 at 10:00 a.m. Eastern Time via live webcast. Stockholders of record as of April 14, 2026 can vote on three items: electing six directors, an advisory vote on executive compensation, and ratifying KPMG LLP as independent auditor for 2026.
The board has nominated six incumbents, including Chairman and CEO James P. Flynn, four independent directors, and one additional management-affiliated director. Because the company is externally managed, named executive officers are paid by an affiliate of the Manager rather than directly by the company. KPMG has served as auditor since 2019, and stockholders are being asked to ratify its reappointment.
Keenan Walter C reported acquisition or exercise transactions in this Form 4 filing.
Lument Finance Trust, Inc. director Walter C. Keenan received a stock-based compensation award of 10,528 shares of common stock on March 30, 2026. The shares were granted as director fees paid in stock at $1.306 per share, rather than as cash compensation.
After this award, Keenan directly owns 207,644 shares of Lument Finance Trust common stock. This Form 4 reflects a routine equity grant for board service, with no open-market purchases or sales reported and no derivative securities activity disclosed.
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.
Hunt James Christopher reported acquisition or exercise transactions in this Form 4 filing.
Lument Finance Trust director James Christopher Hunt received a stock-based fee paid in company shares. On March 30, 2026, he was granted 10,528 shares of common stock at $1.306 per share as director fees paid in stock. Following this grant, his direct holdings increased to 687,756 common shares.
Lument Finance Trust director William A. Houlihan reported an open-market purchase of the company’s common stock. On 2026-03-27, he bought 5,000 shares at $1.30 per share. Following this transaction, his direct ownership increased to 260,732 common shares, signaling a modest expansion of his personal stake.
Lument Finance Trust director William A. Houlihan reported an open-market purchase of 15,000 shares of common stock at $1.29 per share. Following this transaction, he directly owns 255,732 shares, increasing his personal stake in the company.
Lument Finance Trust director Walter C. Keenan reported an indirect open-market purchase of 5,000 shares of preferred stock at $19.63 per share through his wife. Following this transaction, his indirect holdings in the preferred stock total 10,400 shares.
Lument Finance Trust director Walter C. Keenan reported trading the company’s preferred stock. On March 26, 2026, he executed three open‑market sales totaling 3,600 shares at prices between $19.42 and $19.70 per share, and one open‑market purchase of 1,500 shares at $19.50 per share, resulting in a net sale of 2,100 shares of preferred stock.
Lument Finance Trust, Inc. reported a GAAP net loss attributable to common shareholders of $8.9 million, or $(0.17) per share, for Q4 2025 and a full-year 2025 GAAP net loss of $7.5 million, or $(0.14) per share. Despite the GAAP loss, full-year Distributable Earnings were $7.6 million, or $0.14 per share, while Q4 showed a small distributable loss.
The board declared a $0.04 per-share common dividend for Q1 2026 and a $0.4921875 per-share dividend on its 7.875% Series A preferred, both payable April 15, 2026. For 2025, cumulative common dividends were $0.22 per share and preferred dividends were $1.96876 per share.
As of December 31, 2025, book value per share of common stock was $3.03 and the company’s $1.1 billion floating-rate commercial real estate loan portfolio was about 92.6% multifamily, with a weighted average spread of SOFR + 3.33% and a leverage ratio of 4.6x.