---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-049062"
form_type: "8-K"
ticker: "LFT"
cik: "0001547546"
company_name: "Lument Finance Trust, Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:52:41.630940+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# President Michael P. Larsen resigns; board adopts stock-for-fees program for independent directors

## Summary
- Michael P. Larsen resigned as President effective April 18, 2023; no successor named.
- Board adopted Independent Directors Stock-for-Fees Program effective April 20, 2023.
- Program allows independent directors to elect fees in common stock instead of cash.
- Maximum shares issuable: 2,611,555; per director cap: 522,311 shares.

## SEC filing metadata
- accession: 0001104659-23-049062
- form_type: 8-K
- ticker: LFT
- cik: 0001547546
- company_name: Lument Finance Trust, Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547546/000110465923049062/0001104659-23-049062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547546/000110465923049062/tm2313448d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-049062
- JSON: https://secwatch.observer/filing/0001104659-23-049062.json
- Plain text: https://secwatch.observer/filing/0001104659-23-049062.txt

## Key facts
- Executive change
  Michael P. Larsen resigned as President at Lument Finance Trust, Inc..
  - Action: resigned
  - Role: President
  source text: Resignation of President Effective April 18, 2023, Michael P. Larsen, age 44, President of Lument Finance Trust, Inc. (the “Company”) since January 2018, ceased to be and resigned as President of the Company, as well as all positions with any subsidiary entities of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465923049062/0001104659-23-049062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.