Not independent
Tenure on this board
7.6 yrs
Meeting calendar
LFT · Annual meeting · Wednesday, June 10, 2026
Lument Finance Trust Inc
6 nominees · 3 ballot items.
Vote to elect six directors; a non-binding advisory vote to approve named executive officer compensation; and ratification of KPMG LLP as the company’s independent registered public accounting firm for fiscal year 2026.
Market cap
$271M
1Y TSR
+256.5%
Board grade
C+
Record date
Apr 14, 2026
Filing
DEF 14A
Meeting concluded · Jun 10, 2026
Follow how the vote landed and what changed on Lument Finance Trust Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect six director nominees (James P. Flynn, James C. Hunt, Neil A. Cummins, William A. Houlihan, Walter C. Keenan and Marie D. Reynolds) to serve until the next annual meeting or until their successors are elected and qualified.
- 2
Advisory Vote to Approve Named Executive Officer Compensation
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the “Executive Compensation” section of the Proxy Statement.
More detail
This non-binding 'say-on-pay' proposal asks stockholders to approve the overall compensation of the Company’s named executive officers as disclosed in the proxy. Management is seeking this advisory approval to provide stockholders with a regular, transparent means to express their view on executive pay and to inform the board’s future compensation decisions. Notably, the Company is externally managed by Lument Investment Management, LLC, and the named executives are employees of the Manager or its affiliates; the Company does not directly pay salaries to its CEO, President or most executives, and it reimburses the Manager for a portion of the CFO’s compensation. This structure reduces the direct link between the Company’s pay practices and its public disclosures, which the proxy acknowledges by explaining compensation arrangements through the Manager. Management argues that an affirmative advisory vote supports its oversight of the Manager’s compensation practices and signals alignment between the Manager’s pay decisions and stockholder interests. The board also emphasizes that the vote is advisory and non-binding, but will be considered when evaluating compensation and governance practices. Critics or concerned stockholders should weigh the potential for misalignment introduced by incentive arrangements under the Management Agreement—specifically, incentive fees tied to core earnings that could encourage a focus on near-term earnings—against the board’s stated oversight mechanisms. Overall, the proposal functions as a governance checkpoint to communicate stockholder sentiment about executive pay in the context of an externally managed REIT structure and informs the board’s ongoing supervisory role over Manager-determined compensation.
- 3
Ratification of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Director elections
Nominees on the ballot6
Independent
Tenure on this board
25.8 yrs
Also a director at
Kelly Services Inc (KELYA)
Independent
Tenure on this board
13.8 yrs
Independent
Tenure on this board
13.8 yrs
Also a director at
Webull Corp (BULL)
Independent
Tenure on this board
11.5 yrs
Marie D. Reynolds
Not independent
Tenure on this board
New nominee
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | AXA S.A. | 6.4% | 3,340,780 | $3M |
| 2 | Melia Wealth LLC | 2.7% | 1,421,909 | $1M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.7% | 1,405,294 | $1M |
| 4 | MILLENNIUM MANAGEMENT LLC | 1.0% | 534,421 | $492K |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.7% | 380,402 | $350K |
| 6 | Russell Investments Group, Ltd. | 0.7% | 371,155 | $341K |
| 7 | VANGUARD FIDUCIARY TRUST CO | 0.5% | 272,508 | $251K |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.3% | 182,226 | $168K |
| 9 | BlackRock, Inc. | 0.3% | 171,526 | $158K |
| 10 | GOLDMAN SACHS GROUP INC | 0.3% | 169,207 | $156K |
Peers
Nearest market capOther Real Estate sector meetings6
Upcoming shareholder meetings at Lument Finance Trust Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
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Ah Realty Trust IncAHRT
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Pennymac Mortgage Investment TrustPMT
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Reference
Frequently asked questions
- When is the Lument Finance Trust Inc 2026 annual meeting?
- Lument Finance Trust Inc (LFT) holds its 2026 annual shareholder meeting on Wednesday, June 10, 2026.
- What is the record date for the Lument Finance Trust Inc 2026 meeting?
- The record date for the Lument Finance Trust Inc 2026 meeting is Tuesday, April 14, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Lument Finance Trust Inc's 2026 meeting?
- The board is presenting 6 director nominees at the Lument Finance Trust Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Lument Finance Trust Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Lument Finance Trust Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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