4Filed Aug 24, 8:00 PM ET
Lument Finance (LFT) Director Neil A. Cummins Receives 20,411 Shares
$LFT · Lument Finance Trust, Inc.Research Summary
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Lument Finance (LFT) Director Neil A. Cummins Receives 20,411 Shares
What Happened
- Neil A. Cummins, a director of Lument Finance Trust, Inc. (LFT), was granted/received 20,411 shares on 2026-08-24 at a reported acquisition price of $0.67 per share, total value about $13,751. The transaction is reported under code "A" (award/grant/acquisition) and the filing notes that director fees were paid in stock.
Key Details
- Transaction date and price: 2026-08-24 at $0.67 per share.
- Total shares received: 20,411; reported value ≈ $13,751.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: F1 — director fees paid in stock (compensation rather than an open-market purchase).
- Filing: Form 4 filed 2026-08-25; appears timely based on the reported transaction date.
Context
- This was a compensation-related issuance (director fees paid in stock). Such awards reflect remuneration and do not by themselves indicate a personal buy/sell decision or a change in the director’s market view.