UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~February~~March 1719, 2026

LUMENT FINANCE TRUST, INC.

(Exact name of registrant as specified in its charter)

Maryland		001-35845		45-4966519
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

230 Park Avenue, 20th Floor

New York, New York 10169

(Address of principal executive offices)

(212) 317-5700

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	LFT	New York Stock Exchange
7.875% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share	LFTPrA	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 12.0102 ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition.

On ~~February~~March 1723, 2026, Lument Finance Trust, Inc. (the “Company”)~~, as~~ ~~borrower,~~issued ~~and its subsidiaries, Five Oaks Acquisition Corp. and Lument CMT Equity, LLC, each as~~ a ~~guarantor~~press ~~(together,~~release ~~the “Guarantors”), Cortland Capital Market Services LLC, as the administrative agent and collateral agent~~ (the “~~Agent”),~~Earnings ~~and the lenders party thereto, entered into an amendment (the “Fifth Amendment~~Release”) ~~to the Credit~~ and ~~Guaranty~~supplemental ~~Agreement,~~financial ~~dated~~information ~~January 15, 2019, as~~announcing ~~amended~~its byfinancial ~~each~~results offor ~~the~~fourth ~~First~~quarter ~~Amendment to Credit~~ and ~~Guaranty~~fiscal ~~Agreement,~~year ~~dated~~ended ~~February~~December 1331, ~~2019,~~2025. ~~the~~The ~~Second~~Earnings ~~Amendment~~Release ~~to Credit~~ and ~~Guaranty Agreement,~~supplemental ~~dated~~financial ~~July 9, 2020, the Third Amendment to Credit and Guaranty Agreement, dated April 21, 2021, the Amended and Restated Third~~information ~~Amendment~~are toattached ~~Credit~~hereto ~~and~~as ~~Guaranty~~Exhibit ~~Agreement,~~99.2 ~~dated August 23, 2021,~~ and ~~the~~Exhibit ~~Fourth Amendment to Credit and Guaranty Agreement~~99.3, ~~dated February 22~~respectively, ~~2022 (collectively,~~ and asare ~~further~~incorporated ~~amended~~herein by ~~the Fifth Amendment, the “Credit and Guaranty Agreement”)~~reference.

The ~~Fifth~~information ~~Amendment~~disclosed ~~extended~~in ~~the~~“Item ~~maturity~~2.02 ~~date~~Results of Operations and Financial Condition,” including Exhibits 99.2 and 99.3 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the ~~secured~~Securities ~~term~~Exchange ~~loans~~Act ~~provided~~of ~~under~~1934, as amended (the ~~Credit~~“Exchange ~~and~~Act”), ~~Guaranty~~or otherwise ~~Agreement~~subject to ~~February 20~~the liabilities of such section, ~~2026~~nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

OnItem ~~February 20,~~7.01 ~~2026,~~Regulation ~~the~~FD Company and the Guarantors entered into a further amendment (the “Sixth Amendment”) to the Credit and Guaranty Agreement (as so amended, the “Amended Credit and Guaranty Agreement”) with the Agent and the lenders party thereto, to, among other things:Disclosure.

·On ~~provide~~March 19, 2026, the Company ~~with~~issued ana ~~incremental~~press ~~secured~~release announcing ~~term~~the ~~loan~~declaration of a cash dividend of $0.04 per share of common stock, as further described in the ~~aggregate~~dividend ~~principal~~press ~~amount~~release. The Company also announced a cash dividend of $20.254921875 ~~million~~per ~~(the~~share ~~“Second~~of ~~Incremental~~7.875% ~~Secured~~Cumulative ~~Term~~Redeemable ~~Loan”)~~Series A Preferred Stock, ~~which~~as further described in the ~~Company~~dividend ~~drew~~press ~~upon~~release. onA ~~February~~copy ~~23,~~of ~~2026;~~the dividend press release is furnished herewith as Exhibit 99.1 to this Form 8-K.

·The ~~extend~~information ~~the~~disclosed ~~maturity date of the secured term loans provided~~ under ~~the~~this ~~Amended~~Item ~~Credit~~7.01, including ~~and~~Exhibit ~~Guaranty Agreement from February 20~~99.1, ~~2026~~shall tonot ~~February~~be ~~20,~~deemed ~~2030.~~“filed” ~~Such~~for ~~secured~~purposes ~~term~~of ~~loans~~Section ~~include~~18 ~~(i)~~of the ~~initial~~Exchange ~~secured~~Act ~~term~~or ~~loan~~otherwise insubject to the ~~aggregate~~liabilities ~~principal amount~~ of ~~$40.25~~that ~~million~~section, ~~which~~nor ~~was~~shall ~~drawn~~it bybe ~~the~~deemed ~~Company~~incorporated onby ~~February~~reference ~~14,~~in ~~2019,~~any ~~(ii)~~filing ~~the~~under ~~first incremental secured term loan in~~ the ~~aggregate~~Securities ~~principal~~Act ~~amount~~or ~~of $7.5 million, which was drawn by~~ the ~~Company on August 23~~Exchange Act, ~~2021,~~except ~~and~~as ~~(iii)~~shall ~~the~~be ~~Second~~expressly ~~Incremental~~set ~~Secured~~forth ~~Term~~by ~~Loan~~specific ~~(collectively,~~reference ~~the~~in ~~“Secured~~such ~~Term~~a ~~Loans”);~~filing.

· amend certain terms applicable to borrowing base eligible assets, permitted debt and the advance rate applicable to borrowing base debt subsidiaries; and

· amend certain financial covenants, including the maximum total net leverage ratio and minimum tangible net worth and include a minimum liquidity financial covenant.

Pursuant to the terms of the Amended Credit and Guaranty Agreement, borrowings under the Secured Term Loans bear interest at a fixed rate of 9.75% per annum, which is subject to step up by 0.50% per annum for the first three months after February 20, 2029, with further step ups of 0.50% per annum every three months thereafter until the maturity date.

The Company has agreed to pay the lenders a customary fee for the Sixth Amendment and reimburse certain expenses incurred by the lenders in connection with the Fifth Amendment and the Sixth Amendment.

This summary does not purport to be complete and is qualified in its entirety by reference to the Fifth Amendment and the Sixth Amendment, which are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and are incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant.

The information included in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01

Exhibits.

(d) Exhibits.

10.1 Fifth Amendment to Credit and Guaranty Agreement, dated February 17, 2026, by and among Lument Finance Trust, Inc., Five Oaks Acquisition Corp., Lument CMT Equity, LLC, Cortland Capital Market Services LLC, as the administrative agent and collateral agent, and the lenders party thereto.

	99.1	Press Release of Lument Finance Trust, Inc., dated March 19, 2026
	99.2	Press Release of Lument Finance Trust, Inc., dated March 23, 2026
	99.3	Supplemental Financial Information for the fourth quarter ended December 31, 2025
	104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

10.2 Sixth Amendment to Credit and Guaranty Agreement, dated February 20, 2026, by and among Lument Finance Trust, Inc., Five Oaks Acquisition Corp., Lument CMT Equity, LLC, Cortland Capital Markets Services LLC, as the administrative agent and collateral agent, and the lenders party thereto.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LUMENT Finance Trust, Inc.
Date: February 23, 2026	By:	/s/ James A. Briggs
Date: March 23, 2026	By:	/s/ James A. Briggs
		James A. Briggs
		Chief Financial Officer

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