Cummins Neil A. 4

What Happened

• Neil A. Cummins, a director of Lument Finance Trust, Inc. (LFT), was granted 10,528 shares as a director fee award on March 30, 2026. The shares were recorded at $1.31 per share for a total value of $13,750. This transaction is an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: March 30, 2026 — 10,528 shares at $1.31 each.
• Total value: $13,750.
• Shares owned after the transaction: not disclosed in this Form 4 filing.
• Footnote: Director fees were paid in stock (F1).
• Filing date: April 1, 2026 — filed two days after the transaction date, which appears timely under usual Form 4 rules.

Context

• This was a compensation-related award (director fees paid in stock), a common way companies compensate board members. Such awards reflect compensation policy rather than a direct buy/sell decision by the insider and should be interpreted differently than voluntary open-market purchases or sales.