Form 4 for ADAM ADAMAS TRUST, INC.
Accepted 2026-01-02 00:00:00 ET · period of report 2026-01-01 · accession 0001273685-26-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-01-02 | 2026-01-01 | ADAM | Mah Nicholas | Pres | F - Tax | $7.30 | -58.8K | 216.9K | -21% | -$429.2K |
| DM | 2026-01-02 | 2026-01-01 | ADAM | Mah Nicholas | Pres | M - OptEx | $0.00 | +105.5K | 231.4K | +84% | $0 |
| DM | 2026-01-02 | 2026-01-01 | ADAM | Mah Nicholas | Pres | M - OptEx | $0.00 | -105.5K | 211.1K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | F | D | 26,784 | $7.30 | 253,693 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | M | A | 48,948 | $0.00 | 280,477 | D | — | — | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. |
| 3 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | F | D | 17,505 | $7.30 | 231,529 | D | — | — | |
| 4 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | M | A | 32,122 | $0.00 | 249,034 | D | — | — | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. |
| 5 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | F | D | 14,509 | $7.30 | 216,912 | D | — | — | |
| 6 | Common | Common Stock, par value $0.01 per share | 2026-01-01 | M | A | 24,414 | $0.00 | 231,421 | D | — | — | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. |
| 7 | Derivative | Restricted Stock Units | 2026-01-01 | M | D | 48,948 | $0.00 | 130,016 | D | $0.00 · — to — | 48,948 Common Stock, par value $0.01 per share | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. (F10) On January 23, 2025, the Reporting Person was granted 146,842 RSUs, vesting in three equal annual installments beginning on January 1, 2026. |
| 8 | Derivative | Restricted Stock Units | 2026-01-01 | M | D | 32,122 | $0.00 | 178,964 | D | $0.00 · — to — | 32,122 Common Stock, par value $0.01 per share | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. (F9) On April 10, 2024, the Reporting Person was granted 96,366 RSUs, vesting in three equal annual installments beginning on January 1, 2025. |
| 9 | Derivative | Restricted Stock Units | 2026-01-01 | M | D | 24,414 | $0.00 | 211,086 | D | $0.00 · — to — | 24,414 Common Stock, par value $0.01 per share | (F2) Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas. (F8) On April 25, 2023, the Reporting Person was granted 73,242 RSUs, vesting in three equal annual installments beginning on January 1, 2024. |